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New York Adirondack Inn for sale

The Adirondack Lake Inn features 18 luxury guest rooms, an award-winning restaurant and wine cellar and a highly successful business.
 

New York Adirondack Inn for sale

July 17th, 2017 by Peter Scherman

The 18-guest room Adirondack Lake Inn is a premier Adirondack boutique hotel with an award-winning restaurant and wine cellar. Located just 1 ½ hours from Albany, New York in the southern Adirondack region, guests come to enjoy a luxurious stay at an authentic New York Adirondack inn for sale, to dine at the award-winning restaurant or to attend a meeting or special event. Lake activities and other recreation are available on site and the inn is near popular 4 season attractions including Nordic and downhill skiing. A recent substantial investment in the facilities and a strong marketing program have turned this romantic Adirondack resort lodge into a highly successful business. This is an outstanding hospitality business and opportunity.

The Adirondack Lake Inn’s guest rooms and baths have all been completely renovated to true luxury level. Guest rooms are furnished with top-of-the-line king or queen beds. Steam showers, spa tubs, double sinks, fireplaces, balconies and private porches are the norm. Most guest rooms feature views of the lake. There is a billiards room, a heated pool, a sauna and 18 miles of maintained trails for year-round guest use. Guests love swimming and paddling in the private, 3-mile long lake.

This New York Adirondack inn for sale has a restaurant that serves contemporary New-American cuisine in three dining rooms and in the inn’s full service pub. The regionally acclaimed restaurant attracts diners from the Lake George and Saratoga Springs areas as well as from the local vacation home community. Adirondack Lake Inn has long been known for its wine cellar and extensive wine collection. The inn’s retail wine shop is open to guests and the public. Prestigious awards include:

Corporate meetings, weddings and other events are a growing part of the business and there is ample room on the picturesque grounds for outdoor events.

The owner’s renovated 2700+ square foot home features four master bedrooms, each with its own bathroom. A classic Adirondack porch overlooks the pristine lake. The inn’s newest lodging unit is a totally renovated luxury guest cabin. The house and cabin are on a separate lot, included in the sale. There is also a bonus rental apartment above the home’s attached two-car garage.

An additional building at the New York Adirondack inn for sale includes a three-bedroom, two-bathroom apartment, a workshop, garage storage for maintenance equipment, and the inn’s Nordic center.

Adirondack Lake Inn is ideal for buyers seeking an established full service inn with a very strong business. The separate owner’s home and surrounding beauty of the Adirondacks are icing on the cake. Net income has doubled in three years. Priced at a CAP rate of 11.4%, this is an extraordinary offering. You really should learn more!

For more information click here and contact Eliot Dalton, 610-717-8083 of The B&B Team / Eliot Dalton.

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Arkansas Lakefront Boutique Inn For Sale

November 3rd, 2014 by Peter Scherman

Discover a boutique luxury Inn with a resort lifestyle atmosphere nestled in the mountains with stunning lakeside views! The craftsman style Arkansas lakefront boutique inn for sale features 13 exquisite guest rooms and suites with a very solid business and cash flow. Guests come to enjoy the serene lakeside setting and moderate temperatures, immaculate landscaped gardens and water features that mirror the beauty and serenity of the lakeside backdrop. A strong Hot Springs destination location and a robust business with a bright future await new owners!

Recently chosen as one of the ‘Top 25 Small Hotels in the US’ by Trip Advisor!

The Arts and Crafts boutique inn was built in 2003 with the guest luxury lifestyle experience in mind with every step of its creation. All twelve guest rooms and suites in the main building have lake views. Many luxury features include patios or balconies, fireplaces, whirlpool tubs, flat screen TV’s, luxury linens and bath amenities. The décor features a mix of traditional and contemporary furnishings with colorful accents and artwork. Rich wood floors are accented by touches of the craftsman era and are continued throughout this Arkansas Lakefront Boutique Inn for sale.

A spacious thirteenth unit is only a short walk from the main building in a condominium facility that is rented on more of a multi-night stay basis. With two bedrooms, open concept living room – dining room – kitchen and a huge porch overlooking the lake, this condo is a popular accommodation.

Guests enter the inn through the double doors and are welcomed in a two story foyer with a wide impressive stairway. The living room features plush couches and fine art with a library of books and games. A well-stocked gift shop, lounge, and sunny dining room complete the guest’s comfortable gathering areas with a resort feel.

The landscaped grounds are a signature highlight of this Arkansas lakefront boutique inn for sale including stonework, water features, winding paths spotted with birdhouses, a meditation labyrinth and waterfront trail. Guests may wander for hours or pause and relax in a hammock, rocker or canoe. The Arkansas Lakefront Boutique Inn also offers one boat dock with two slips for guests’ use.

The inn is an unforgettable and popular destination for meetings, weddings and other special events. The moderate year round temperatures are perfect for destination weddings. Average highs are in the 70’s and lows in the 50’s, with an average of 251 sunny days per year. This Arkansas Hot Springs mountain and lakeside setting has been an escape getaway for tourism for a century and a half.

Hot Springs is known as “America’s First Resort.” The majority of the guests visit from Dallas/Ft Worth, Arkansas, Louisiana, Oklahoma and Tennessee. The town is very business friendly filled with terrific restaurants, fine art galleries and performing arts festivals. The numerous hot spring baths and spas are an historic draw and have maintained their desirability for centuries. The Oaklawn Race Track hosts the famous Arkansas Derby, which is a seasonal event known nationally and beyond.

On the operational side of the business, the Inn’s commercial grade kitchen is spacious, fully functional, and well maintained and equipped. The front office space is conveniently located where guests arrive and depart. For future innkeepers there is a two bedroom, two bath condo located a mere half mile from the inn, close enough for convenience, far enough away for privacy.

The business at this inn is enviable. Occupancy approaches the mid-70% level utilizing a sophisticated revenue management system developed exclusively for them. Tightly managing occupancy has allowed them to push room rates to levels they have never seen, raising their ADR to over $275. Expenses are being tightly managed, as well, improving the bottom line.

With excellent staff in place, new owners can enjoy a great lifestyle and business while reaping a handsome return on their investment over time. An investor purchaser will also find this an attractive acquisition.

The premier destination of Hot Springs and the strong year-round business of the Inn is an excellent combination and highly desirable for new innkeeper/owners. The moderate climate with mild winters and warm summers is the ideal location for future owners. The property has been built and maintained with love and true pride of ownership. It is now ready for the next chapter.

Lookout Point Lakeside Inn has been SOLD! Peter Scherman, 434-286-4600 and Rick Wolf, 207-967-1995 of The B&B Team, Inn Consultants LLC represented the sellers. Scott and Marilyn Bushnell of The B&B Team / Bushnell & Bushnell represented the buyers.

Arkansas broker of record was Crye-Leike of Arkansas, Inc. Photography by Jumping Rocks.

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Charleston SC Inns For Sale

April 15th, 2014 by Peter Scherman

The Ashley and Cannonboro Inns have been SOLD! They are two Charleston SC inns located less than a block from each other in the Historic District of Charleston, SC, one of America’s premier destinations. With a total of 16 guest rooms (8 in each property), the inn provides comfortable lodging in an attractive, walkable neighborhood that has a true neighborhood feel.

At the northern edge of the Historic District, the inns are just a few blocks from the Visitor’s Center and the downtown shopping district. Importantly, they are on the edge of the sprawling Medical University of South Carolina (MUSC), an 85 acre facility with 1,400 full time faculty members and several schools covering a range of medical disciplines. This is an important current and future source of business. They are also close to wonderful restaurants and other attractions in Charleston.

The Ashley Inn, one of the Charleston SC inns for sale, is across the street from the historic (1776) St. Luke’s Chapel. Built around 1832, the Ashley Inn offers its guests superb comfort in an ambience of authenticity. The original plaster crown moldings, plaster medallions, and heart pine flooring offer architectural details that make this Charleston bed and breakfast for sale an excellent opportunity.

The Cannonboro Inn, just a half block from the Ashley, was built in 1853 and today retains all the character of Charleston. Offering guests the use of wonderful piazzas, the eight guest rooms are varied in size and amenities. Both properties run at high occupancy rates thanks to their location near MUSC. Both properties also have the intimate small gardens and fountains that Charleston homes are known for!

While both properties have the same owner, they are operated as separate legal entities. Both inns enjoy solid occupancy and ADR with upward potential, and both are beautifully maintained. In addition to the two Charleston SC inns for sale, the inns manage a nearby guest house owned by MUSC. This produces an attractive addition to cash flow and is under contract with the University until 2018.

Each B&B has an owner’s quarters suite, with kitchen, which are currently offered to guests as luxury accommodations (part of the 16 total rooms). A new owner could continue to operate as the current owner does, or they could take over one of the spacious suites for their personal use and reside at the property.

To read more about Charleston and the Inns visit our blog.

The Ashley and Cannonboro Inns were offered as a package for $3,150,000 and delivered an attractive return on investment. For details, contact Peter Scherman of The B&B Team, Inn Consultants LLC. 434-286-4600.

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Missouri Inn and Wedding Event Center

January 7th, 2014 by Rick Wolf

Every once in a while a truly exceptional Inn becomes available for purchase. This Missouri Bed and Breakfast for sale, Spa, and Wedding Chapel is one such property. It is located in Missouri wine country and close to the Katy Trail.

Divided between two properties overlooking the Missouri River and just over an hour west of St. Louis, this Missouri Bed and Breakfast for sale has a total of 20 rooms (8 at the Vineyard Inn and Spa and 12 at the Riverbluff Cottage Suites). What can we say except “exceptional?”

Known throughout the Midwest for hosting weddings of up to 220 in their own chapel and receptions up to 298, the Inn offers the full spectrum of bridal services including a variety of additional settings for ceremonies including the gazebo and the personal chapel.  With events this size, the Inn regularly fills the town’s other B&Bs. But they also fill their own rooms. And what rooms they are! Check out this video.

The Riverbluff Cottage Suites all have their own kitchen, but even more, they offer their guests king size beds, a 6 foot round whirlpool tub, large steam and multi-jet shower, a see-through fireplace and an aroma therapy fireplace, outdoor natural gas Weber barbeque grill, and private outdoor hot tub. In short, pure and complete luxury!

The Vineyard Inn and Spa sits high on a hill overlooking the town, the Missouri River, and with the Riverbluff Cottages in the distance. Each of the 8 rooms here has a private bath with whirlpool tub, steam shower, and king bed. All rooms have steam showers and four rooms have an outdoor hot tub. Two rooms even have infrared saunas and two have outdoor fire tables. And that’s just the guest rooms! The Vineyard Inn also has a luxurious, modern spa facility for pampering the guests and generating additional revenue.

The Inn has extraordinary expansion potential, especially at the 15 acre Riverbluff Cottages location. There are plans and sites for additional cottages, lodge/conference center and boutique hotel or 80 room box hotel.   Best of all, the necessary infrastructure is already in the ground.

Let’s talk about the weddings a bit more…. In addition to the various settings for ceremonies, the Inn has a climate controlled pavilion for receptions and dinners, and with its commercial kitchen and full bar can accommodate receptions for up to 298 people with room for DJ, band, and dancing. The Chapel was built with wedding photography in mind and overlooks the river, has a media room, full bridal room with makeup stations, groomsmen’s room with flat screen TV, floral refrigeration, and more. In short, no detail has been overlooked for the owners to deliver first class weddings or family reunions and group gatherings.

For the sophisticated, well healed, and entrepreneurial investor or hotelier, this Missouri Bed and Breakfast for sale with Spa and Wedding Chapel  is incomparable.  This is a truly one of a kind property has hotel development potential and is offered exclusively by The B&B Team, Inn Consultants LLC for $6,850,000.

For details, contact Rick Wolf, 207-967-1995 or Peter Scherman, 434-286-4600.

Missouri broker of record: Hartman Real Estate / David Hartman.

Images courtesy of Jumping Rocks Photography.

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The Island Inn, Monhegan Island

October 11th, 2012 by bbteam

Situated on a hill overlooking Monhegan Island’s Harbor and the Atlantic Ocean, The Island Inn is the favored Monhegan island Maine hotel destination for travelers for over 100 years. The Inn features 32 guest rooms, a full service restaurant highlighting Maine’s abundant fresh foods and The Barnacle for light refreshments, gifts, baked goods, wine and beer.

Monhegan is located 10 miles off the coast of Maine at latitude 43 degrees 46 minutes and longitude 69 degrees 19 minutes. Transportation to the island is provided by ferry service from Boothbay Harbor, New Harbor and Port Clyde. The island is a center for fishing, a haven for artists, and a summer retreat for people attracted to its scenery, its flora and fauna, and its history. Monhegan is 1.7 miles long and 0.7 miles wide. Two thirds of the island is protected as a nature preserve by the Monhegan Associates, an island trust.

The architecture of the inn represents a classic coastal Maine summer hotel, rarely found today, embodying a simpler way of life. The Monhegan Island Maine hotel boasts an extensive program of renovations over the last number of years to upgrade all the interior spaces, refurnishing all the rooms and suites while maintaining an eye for true coastal Maine lodging.

New owners will revel in their separate and onsite home with breathtaking views of the ocean. Four other buildings on over one acre of magnificent oceanfront property round out this exceptional and prestigious offering.

This one of a kind offering for the truly exceptional buyer was proudly offered by The B&B Team, Inc. for $3,500,000 and has been SOLD.  For more information, please contact Rick Wolf of The B&B Team, Inc. in our Maine office. 207-967-1995.

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Oceanfront Boutique Hotel for Sale

October 3rd, 2012 by bbteam

If dramatic ocean views are everything when travelers select a place to stay, this oceanfront boutique hotel for sale in Massachusetts is the place! The Inn’s ‘by the sea’ location is in a classic four season New England village that is known for:

• Breathtaking and uncrowded beaches.
• A thriving artist community.
• Shoreline hiking trails among tidal pools with lighthouse views.
• Boating excursions from one of New England’s most picturesque harbors.

This award winning historic oceanfront boutique hotel for sale in Massachusetts is truly an offering for the discriminating Inn Buyer. The 36 guest rooms and suites offer luxury lodging for the leisure, single business or multi-generational family travelers. Few things are more relaxing and refreshing than being able to gaze out on the Inn’s forever sea views. The select ocean view guest and public rooms have a natural added amenity; sunrise over the Atlantic!

This one of a kind property harkens back to the time of New England’s beachfront summer resorts. Classically charming architecture has been lovingly transformed into a wonderful and contemporary four season property for today’s traveler and diner. The restaurant offers classic coastal fare descried as “everything fine dining should be”, yet the setting is comfortable and relaxed, with no hint of pretention.

The oceanfront boutique hotel for sale in Massachusetts is a popular destination wedding venue. In addition to lodging and the food and beverage component, an important part of the Inn’s year round business is weddings, small conferences and group events and dinners. The Inn has recently added a Spa that offers a wide range of services. This addition adds to the Inn’s ability to maximize their guests’ total resort style lodging experience in a lovely seaside resort setting.

This historic grand oceanfront hotel for sale in Massachusetts, Emerson Inn by the Sea, was offered by The B&B Team, Inn Consultants LLC . The inn has been SOLD. For details contact Rick Wolf, 207-967-1995 or Peter Scherman, 434-286-4600.

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