Inn Consultants and Brokers Since 1993

The Cottages of Lexington

PRICE REDUCED! Build your retirement home here and have cottages for income. You can have these views for yourself along with a great barn/garage for storage or workshop. Complete privacy and easy access to Lexington. VMI and W&L grads will love it.
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The Cottages of Lexington

Great Retirement Business Opportunity!

Just a couple of miles from downtown Lexington, Virginia sits a marvelous hospitality property with a great small business and awesome lifestyle potential. The Cottages of Lexington are luxury Virginia guest cottages comprised of three upscale rustic cottages on a private, 39 acre parcel of land with stunning views of the Blue Ridge Mountains. Lexington is an historic town which is home to Washington and Lee University, Virginia Military Institute, and the Virginia Equestrian Center, among other attractions, all set in a gorgeous corner of Virginia near the intersection of I-81 (N/S) and I-64 (E/W).

Each of the three Virginia guest cottages is designed with guest comfort in mind. Two, which measure about 675 SF, are open great rooms with combined kitchen, living, and sleeping areas with double whirlpool and separate full baths. The third cottage of about 750 SF has a living/dining/kitchen area, bedroom, bath, and separate double Jacuzzi room. All three have front porches, private side or rear decks, fully equipped kitchens, wood burning fireplaces, telephones, satellite TV, and grills. Guests love the privacy and comforts.

The property is complemented by a spacious barn/garage with an abundance of storage. Build your retirement home on a private site with dramatic mountain views (shown above), and run a profitable, low maintenance business with the cottages while you enjoy the quality of life Lexington has to offer.

The Cottages of Lexington generate a solid revenue with minimal labor and overhead, allowing for free time to pursue other interests and a high margin lodging income from the three cottages. Great value at the REDUCED PRICE of $499,000. Contact Peter Scherman of The B&B Team, Inc. for details. 434-286-4600.


Business Type

  • Lifestyle

Price

  • Less than $500,000

Region

  • Mid Atlantic

Size

  • 1 - 5 Rooms

Property Type

  • Boutique Motel

Features

  • Cottages/Cabins
  • Asking Price: $499,000
  • Property Type: Boutique Motel
  • Business Type: Lifestyle
  • Region: Mid Atlantic
  • State: Virginia
  • Status: For Sale
  • Acreage: 39
  • Rooms: 3
  • Features: Cottages/Cabins
  • Bathrooms: 3
  • Contact: Peter Scherman
  • Phone: 434-286-4600
  • Email: scherman@bbteam.com
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