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Blue Ridge Virginia Boutique Inn for Sale

On the side of a mountain flanking the Shenandoah Valley in the Blue Ridge Mountains sits an extraordinary boutique inn. With a total of 16 guest units and expansion potential, this property has it all!

Blue Ridge Virginia Boutique Inn for Sale

June 15th, 2018 by Peter Scherman

On the side of a mountain flanking the Shenandoah Valley sits an extraordinary Blue Ridge Virginia boutique inn for sale. With a total of 16 guest units and expansion potential, this Select Registry® property has it all!

In the main purpose-built inn there are 6 upscale guest rooms. There are four “cottage suites” in two adjacent buildings, all complimented by 6 luxury cabins. It’s not possible to overstate how fantastic this inn is.

Let’s start with the main building of this Blue Ridge Virginia boutique inn for sale. The six large guest rooms on two floors have all undergone remodeling and redecorating, including fabulous bathrooms with granite countertops and luxury tiled showers. Every room has access to the deep porches, complete with rocking chairs, that span the width of the building. The views of the Shenandoah Valley are breathtaking! The second floor rooms can enjoy the library overlooking the enormous common/dining room with two story vaulted ceiling, stone chimney for the fireplace, and the wine bar.

The kitchen is fully commercial with updated equipment and efficient layout. Licensed as a restaurant, this inn offers meals to groups but is not a restaurant open to the public. Comfortable owner’s/manager’s quarters are convenient to the kitchen and dining areas (and one laundry) and include a spacious bedroom with walk-in closet, bathroom, and sitting room. All guests at the inn enjoy breakfast in the dining rooms or on the back, tree-shaded deck.

At either end of the main inn are two “cottage” buildings. One is two stories, with a guest room on each level. The upper room has a kitchen, full bath, and its own private rear deck with hot tub. The lower level room is the “newest” at the inn, sporting an oversized steam shower and whirlpool tub plus convenient kitchen. The other cottage building has two side-by side rooms, which are huge! A laundry is located between them, and one side can easily be converted to an executive meeting room. Both rooms enjoy large private decks and are suitable pet-friendly rooms.

Arguably the “crown jewels” from a revenue perspective at this Blue Ridge Virginia boutique inn for sale are the six cabins, though “cabin” is almost a misnomer. These units are on the hill below the main inn and wrap the curve of the slope, affording each a view of its own, from dramatic views across the Shenandoah to a more intimate view of the woods. Each of these cabins has a spacious sleeping/living area with fireplace, flat screen TV, kitchen, and washer/dryer. A wall of glass opens to the rear screened porch with seating and large hot tub. The bathrooms have an enclosed WC, large double vanity, and walk-in shower with a sliding glass door also leading out to the hot tub. And while these cabins are close to each other, they all provide complete privacy.

The property of almost 12 acres is zoned commercial. Additional guest units (yurts?) could be added, as could a separate owner’s residence if desired. There are woods to enjoy, and a very convenient and easily accessed location.

The business here has grown steadily over the years and today enjoys an enviable occupancy and cash flow, fully justifying the asking price. For complete details, please contact Peter Scherman, 434-286-4600, of The B&B Team, Inc.

Photos by Jumping Rocks.

 

Georgia Mountaintop Bed and Breakfast for Sale

May 28th, 2018 by Peter Scherman

Lucille’s Mountain Top Inn & Spa is an upscale Georgia Mountaintop bed and breakfast for sale located in the Northeast Georgia mountains. Sitting atop a mountain, the inn offers stunning mountain vistas, luxury accommodations and a full-service day spa. The Select Registry® inn was designed and built in the Arts & Crafts style in 2001. Recent expansions, renovations and the popular day spa contribute to growing revenue and a very strong bottom line.

Guests at Lucille’s Mountain Top Inn are treated to views of the Blue Ridge Mountains in all directions. Built into the side of the mountaintop, the terrace level of the inn features a guest suite with outdoor seating, a newly renovated conference room that opens to the terrace and the inn’s laundry facilities. The main, first level includes a spacious living room with a fireplace, the breakfast room, the inn kitchen, and two newly remodeled, handicapped accessible rooms. A huge wrap-around porch is ideal for quiet relaxation, friendly gatherings, and sunset viewings. The second and third levels of the inn each contain four spacious guest rooms.

A covered walkway leads to the very popular Spa at Lucille’s. A large guest suite with a spectacular view sits at one end of the spa building, while a full-size guest apartment sits at the other. All 13 guest rooms are decorated in rich colors with a contemporary flare and are appointed with luxurious amenities. The inn also has newly constructed private owners’ quarters with a separate entrance and a full kitchen.

The inn overlooks the Sautee Valley, known for its rich Native American history, glass and pottery craftsmen, wineries and outdoor adventures. Close to the Chattahoochee National Forest, this popular 4-season tourist region is surrounded by an unspoiled landscape brimming with waterfalls, hiking trails and fishing streams. Golf, horseback riding, guided kayaking, mountain biking, and scenic drives are all right at hand. Area restaurants range from down-home BBQ to sophisticated fine dining.

Lucille’s Georgia mountaintop bed and breakfast for sale is just 90 miles north of Atlanta. With easy interstate access from several directions, and an abundance of attractions, Lucille’s will continue to be the premier luxury lodging choice of the North Georgia Mountains.

If you have been dreaming about a highly profitable inn that is in pristine condition and is located in a spectacular setting, then you really Must See Lucille’s Mountain Top Inn & Spa!

For more information click here or click here, and contact Marilyn Bushnell, 410-422-0013 or Eliot Dalton, 610-717-8083.

Maine Stay Inn & Cottages, Kennebunkport B&B for sale

May 20th, 2018 by Janet Wolf

Maine Stay Inn & Cottages, Kennebunkport B&B for sale is so much more than classic, historic and luxurious… all the terms we use to describe a top Inn in Kennebunkport. The Maine Stay Inn & Cottages is an exceptional 17 guest room/suite stately and pristine property located on Maine Street, a quiet residential street in the Historic District of Kennebunkport.

The Kennebunkport B&B for sale features the main grand house built in 1860 as a private sea captain’s home. The building retains the grace and splendor of a bygone era, yet the comforts of modern life are tastefully present in each of the six guest quarters.

Eleven cottages surround the property. They offer a wide range of lodging options with flexible floor plans and sleeping options for larger groups. All are newly decorated with a more contemporary flair that is warm and oh so inviting.

You will find all the ‘bells and whistles’ one expects from a fine-tuned B&B.

  •  Fireplaces, whirlpool tubs or jet showers.
  •  King or queen plush beds with fine linens.
  •  Fluffy towels and bathrobes.
  •  Radiant heated bathroom floors in many rooms.
  •  Individual heating and cooling system in all rooms.
  •  Flat screen cable TVs.
  •  ‘Breakfast Bars’ in some of the cottages.
  •  Gourmet breakfasts served in the dining room or delivered to your accommodations.

Current owners have taken great pride in their constant updates of all guest rooms and common areas. Attention to detail is their mantra!

Other noteworthy Maine Stay Inn features:

  •  A beautiful wrap around porch, an inviting focal point and wonderful for alfresco dining.
  •  Stop and look up, the cupola is the crown of the building.
  •  Enter the building, glance upwards to the dramatic ‘suspended spiral flying staircase’.
  •  Off to the side, the inviting parlor with fireplace, a gathering spot for guests throughout their stay.
  •  The formal dining room is directly behind.
  •  A newly renovated and expanded kitchen is efficiently located off the dining room.
  •  A full basement with office, laundry room and storage. There is a walk out to the back of the house, great access to the cottages for owners and staff.
  •  The landscaped lawns and gardens are located behind the house, with shade trees, Adirondack chairs and hammock.

Kennebunkport is a destination in all seasons. Limitless opportunities!

  •  Walk to town past stately homes and visit shops and galleries along the way. Your destination, Dock Square, the heart of the village.
  •  Fall is a perfect time to explore the area’s nature trails and preserves.
  •  Guests enjoy the wide variety of restaurants in the village or within short drive distances.
  •  Top rated US Christmas festival, Christmas Prelude, a two-week celebration.
  •  Another huge draw is the area’s classic rocky coastline and stunning sandy beaches.
  •  Boating in fresh or salt water from kayaks to a locally built and operated schooner or lobster boats.

The Maine Stay Inn & Cottages is a member of Select Registry Distinguished Inn of North America and the Historic Inns of Kennebunkport. In addition, the business is solid with financials that support the business and allow for a comfortable lifestyle for new owner operators. Financials available for qualified buyers.

The B&B Team is pleased to offer this exceptional Kennebunkport B&B for sale. We welcome qualified buyers to consider the Maine Stay Inn & Cottages when looking to turn your dreams into realities.

For more information contact Rick Wolf, 207-967-1995.

South Carolina Boutique Hotel for Sale

April 27th, 2018 by Peter Scherman

The B&B Team® is very pleased to represent a luxury South Carolina boutique hotel for sale. Located in the beautiful Blue Ridge Mountains, this one-of-a-kind inn boasts 13 guest rooms, an upscale farm to table restaurant, full service bar, Olympic sized salt water swimming pool, and views that take your breath away!

Designed in the style of a French chateau, the construction of this hotel is superior, with massive wood beams, soaring ceilings, walls of windows, wood floors, wrought iron details, and contemporary styling and décor. The guest rooms are modern and luxurious. All have oversized bathrooms with polished concrete vanities, large showers and/or whirlpools. Almost all the rooms either have fireplaces or stunning mountain views or both.

Inspired by the world travels of one of the owners, this South Carolina boutique hotel for sale offers guests extraordinary experiences in hospitality, fine dining, and adventure. That is made possible, in part, by the on premises restaurant that boasts the finest cuisine anywhere in the area. The restaurant has two seating areas, both of which offer panoramic mountain views and afford the ability to host regular diners and groups at the same time.

Weddings play an important role at this hotel, as the setting is stunning, and the proximity to cooperating venues that offer complementary amenities is advantageous. The rural area is ideal for road trips to nearby small towns, hiking, cycling, and simply enjoying a quiet respite from city life. The nearby airport (25 miles) makes access to this hotel easy from anywhere in the world.

The inn is professionally managed and has the infrastructure to support a much larger operation. With the acreage available, an investor or hotel investment group wishing to expand upon the business could add capacity by building additional rooms (20? 30?), a conference/meeting facility, and further expand upon the solid base of business already in place. An owner operator could maximize efficiency and realize a solid return on investment. In short, there are many options for this South Carolina boutique hotel for sale.

For complete details, please contact Peter Scherman, 434-286-4600, of The B&B Team, Inn Consultants LLC.

South Carolina Broker of Record is Joyner Commercial, a division of Berkshire Hathaway HomeServices C. Dan Joyner, REALTORS.

The Lighthouse Inn & Carriage House – York Beach, Maine

April 14th, 2018 by Rick Wolf

The Lighthouse Inn & Carriage House, York Beach, Maine, is made up of two types of rooms – 24 spacious guest rooms with either two double beds, one queen bed or one king bed (king bedrooms include a pullout couch) and 7 carriage house rooms that are the more luxurious offerings and newly updated in the spring of 2018. They have comfortable sitting areas and some have private or shared decks with partial ocean views. The 24 standard and deluxe standard guest rooms received a significant makeover in the spring of 2017.  This was a comprehensive renovation that brought a more beachy, contemporary feel to this nostalgic hotel. And there are options for every budget and taste which is a great business model in this industry.

The Lighthouse Inn & Carriage House also offers a number of amenities to help guests enjoy their stay. Every room on the property offers a private bathroom, flat screen TV, small fridge, AC and hairdryers. The inn can sleep a total of 100+ guests. In addition to the guest rooms, pool, hot tub, outdoor showers, relaxing grounds, beach wagons, and ample parking.

At a Glance:
-A total of 31 units  (currently 30 are being rented):
24 guest rooms all updated in 2017
plus 7 guest suites in original carriage house updated spring 2018
-Manager’s loft & office
-Onsite 2 bedroom cottage for housekeeping staff (sleeps 4)
-In ground gunite pool & brand new hot tub
-Large contemporary guest lounge
-Beautiful grounds for guests or hosting
Private events
-100 yards from Long Sands Beach
-Walking distance to downtown shops, restaurants, nubble lighthouse and attractions
-Fully equipped onsite laundry facility
-Large functional kitchen
-Property very well maintained by owners, with many recent updates
-1 acre of land
-5 buildings in total
-Parking for 36 cars
-High on the nubble and out of any flood zone hazards

The inn is close to several major airports and market areas:
1.25 hours North of Boston/Boston Logan Airport / 5 hours North of New York City / 5.5 hours South of Montreal, Canada / 4 hours East of Albany NY / 45 minutes South of Portland’s International Jetport

The Lighthouse Inn & Carriage House is located in the heart of everything! The inn is 100 yards from the tip of Long Sands Beach, and 1/2 a mile from Short Sands Beach and York Beach Center, where there are plenty of restaurants, shops, the Arcade and more.

The B&B Team, Inc. is pleased to offer this extraordinary property for $3,295,000.  For more information contact Dana Moos, 207-266-5604.

Swift House Inn-Premier Vermont Country Inn for Sale

April 8th, 2018 by Janet Wolf

The Swift House Inn is a 20-guest room classic Vermont Country Inn and restaurant located in the town of Middlebury with all the charm, elegance, and history one would expect from a New England country inn. The town and Inn both hold a strong feeling of community.

The property consists of three buildings for lodging and dining. The Main House with 9 guest rooms, reception, restaurant and Wine Bar, the Carriage House with 6 rooms and the Gate House with 5 rooms. There are 4 acres of land. Gardens and treed lawns slope down toward US 7 just minutes from Middlebury’s main business district.

Jessica’s Restaurant, top rated on Open Table, is named after Jessica Swift who lived in the house until 1982 when if became an inn.

  • Three dining rooms. The main dining room, the intimate library and the porch.
  • A canopied deck, built in 2010, is used during warmer climes.
  • The restaurant is a favorite with locals and guests.
  • Offering casual and fine dining fare, showcasing local Vermont growers.
  • Wine Bar off the parlor is a full-service bar.
  • Wine Spectator Award of Excellence for 10 years.
  • And of course, Vermont craft beer, some of the best in New England and the US.
  • Full breakfast with entrée choices and/or continental buffet.

The guest rooms have all been updated and kept in great condition and the property has  been kept in excellent condition.  It’s all about the guest’s comfort and experiences at the Swift House Inn.

The Carriage House was thoughtfully redesigned into six spacious guestrooms in 1990. These rooms are large, comfortable, each offers a king-size bed, double jetted tub, and sitting area and fireplaces. A lower level houses one guest room, a conference room and a sauna and steam room. This building also houses the owner’s quarters. An 1800 sf space with large open living room, kitchen and dining area. Two bedrooms, office and two bathrooms.

The Main House is the most historic of the three buildings. Welcoming reception area plus the dining rooms and Wine Bar. All 9 guest rooms, including one on the ground floor, offer a traditional New England historic experience with luxury amenities for today’s traveler.

The Gate House is a 1906 Victorian adorned with elaborate woodwork, stained-glass windows, and a porte-cochere. Located across the street from the Main House. There is one guest room on the 1st floor and four on the 2nd floor. The Gate House with it’s spacious downstairs common rooms are great gathering areas for families or groups traveling together.

In addition there are two barns and a house for staff. Plus a two car heated garage.

Location is important when seeking a lodging business and Middlebury and surrounding countryside is a true Vermont destination location.

  • Located in Central Vermont in the beautiful rolling farmland of the Lake Champlain Valley surrounded by the Green Mountains and the Adirondack Mountains.
  • Middlebury College is one of the most highly regarded private liberal arts colleges in the US.
  • The beautiful campus overlooks the town.
  • The Swift House has an outstanding relationship with the college, both from a direct business perspective and rapport with parents and guests visiting the college.

Vermont is a four-season recreational destination with business to be had all year.

  • 120 inches of snowfall annually and the average temperature is around 22 degrees Fahrenheit, making it a great place to ski, snowshoe or sled.
  • Numerous streams, and forested mountains make this an ideal location for fly fishing, hiking, and bicycling, our most popular summer activities.
  • The fall colors just don’t get better than right here in Vermont.

Middlebury College is a center for cultural and educational events and arts making it an outstanding place to live, work and own a lodging business. Plus the town is so charming and quintessential New England. All in all The Swift House Inn is a perfect blend of Old New England with hints of history and contemporary luxury and 5 Star dining!

Consulting Services Provider:  The B&B Team, Inn Consultants LLC.  For more information, contact Rick Wolf , 207-967-1995.

The Swift House Inn, premier Vermont country inn for sale is offered exclusively by the Vermont Broker of Record: Barrett & Valley Associates, Inc.

Captain Jefferds Inn, Kennebunkport, Maine

February 16th, 2018 by Rick Wolf

Located in the quiet and highly desired Kennebunkport Residential Historic District, The Captain Jefferds Inn stands tall and stately, a beautiful and proud piece of American history. The Inn’s sixteen guest rooms each have an individual charm and comfort, all decorated with a soft, understated traditional elegance. The Inn’s high ceilings add additional grandeur as does the unique curved staircase and second floor landing, a design that represents an admiral’s bridge on a ship. The Inn offers the best in luxury amenities, all picked to pamper!

Kennebunkport and the Captain Jefferds Inn, truly a destination for all seasons with so many reasons to visit and stay.

  • A popular tourist destination since the late 19th century.
  • Today’s lodging choice? One of the ‘Kennebunks’ historic and well-established bed & breakfast inns.
  • The Inn’s location is just a few blocks stroll to Dock Square, Kennebunkport’s village center.
  • Innovative restaurants, one of a kind shops, plus galleries featuring local and state-wide artists and artisans.
  • Another short walk to Ocean Avenue and the waterfront harbor.
  • Down the avenue, Walkers Point and Maine’s rocky Atlantic coastline.

The inn’s guests are international, national and within close driving distance, as the ‘Port’ is less than 2 hours north of Boston. Open year round, guests visit in all seasons. You can’t ask for a better destination location!

The public gathering spots of the Captain Jefferds Inn include:

  • The grand dining room. One guest review described the breakfast dining experience; “The table is set like Downton Abbey, but the feel is happy family.”
  • The bright and inviting sun room.
  • The living room with its’ comforting wood burning fireplace.

Guest congregate in the morning for early coffee and in the afternoon for cold or hot drinks, wine and sweet and savory snacks. All in all, perfect settings for bed and breakfast camaraderie.

The building and property are exceptionally well maintained. Ongoing maintenance and upgrades are documented and demonstrate the ongoing detailed care and effort that has occurred during the current innkeeper’s tenure.

The outdoors is as majestic as the interior! The curb appeal on this corner lot is superb, passersby can’t help but stop and stare.

  • Flowering gardens surround the entire perimeter of the building.
  • Flanked by an original historic designed fence.
  • A rear patio, fountain and sunken garden add to the overall outdoor ambiance.
  • The inn also resides next to the town’s River Green, a wonderfully  maintained open area for all to enjoy.

The Inn offers five of the guest rooms as pet friendly. They are the only year-round property in Kennebunkport that offers this service. A very profitable and growing part of the business.

Business is strong at the Captain Jefferds Inn…and so are the numbers! The quality service, impeccable hospitality, well maintained building and grounds, New England ambiance and outstanding southern Maine coastal location all add to the Inn’s financial viability and future ongoing success. Yet there is realistic room for growth with new owners.

If owning one of the grandest bed and breakfast’s in one of Maine’s most desirable locations is your dream and passion…The B&B Team welcomes serious qualified buyers to consider The Captain Jefferds Inn in your search.

For more information, contact Rick Wolf, 207-967-1995 of The B&B Team .

 

 

Photos by Jumping Rocks Photography, Christian Giannelli and Robert Dennis.

New York State boutique hotel for sale

December 17th, 2017 by Peter Scherman

Cooperstown Inn

We are very pleased to offered a top tier New York State boutique hotel for sale.

A top destination location equals strong year-round business. This New York State destination boutique hotel for sale located in popular Cooperstown is just that. The property features eighteen guest accommodations. One 2-bedroom, 2 bath luxury suite and one 2 room premium suite are included in the mix of rooms.

Built as a hotel in 1874, the Second Empire architectural style building was designed by architect Henry J. Hardenbergh, most noted for his designs of the Dakota Apartments and The Plaza Hotel in New York City. The hotel has picturesque curb appeal in a neighborhood lined with other historic homes of Cooperstown. And, this New York State boutique hotel for sale is within walking distance to the charming village with restaurants and shops, anchored by the Baseball Hall of Fame.

The first-floor features two classic parlors, one with a fireplace, and two dining rooms, one with a fireplace. Beautiful original woodwork, high ceilings and fireplaces add a warmth to these areas. Current innkeepers offer a buffet style breakfast prepared in the kitchen adjacent to the dining room. The front hall leads to the convenient reception area.

Most of the guest rooms are located on the second and third floors, but there is a fully handicap accessible room available on the first floor with a ramp at the rear of the Inn. Off street parking is available in the rear of the building with a conveniently located back entrance. Of note, the inn has the only Tesla/EV charging station with 30 miles.

The expansive front porch with plenty of rockers is a perfect spot to sit and watch the world go by after a day of exploring.

In addition to the Baseball Hall of Fame, which is one of the biggest draws to Cooperstown, the area holds other enticing attractions.

The Upper Susquehanna River Region is a wonderful area to explore with leisurely auto and cycling trips. The New York State destination boutique hotel for sale features a Bicycle Club House where guests can securely store their bikes. The scenic roads, byways and hilly terrain provide some of the best riding in the Northeast. For a short video, please click here.

The hotel has created one of the best behind-the-scenes tours of The Baseball Hall of Fame. Clever packaging partnering with the museum as well as the widely known Brewery Ommegang has created guest loyalty and profitability adding to the bottom line!

The inn is a member of Select Registry, a marketing organization featuring distinctive Inns across the country, and is also listed on the National Register of Historic Places.

There is a spacious separate residence which could serve as owner’s or manager’s quarters and/or additional lodging units.

Strong financials for this investment grade boutique property complete the package. Serious interested buyers are encouraged to contact us for details.

This high-quality New York State boutique hotel for sale is offered for $4,500,000 by The B&B Team, Inn Consultants LLC. For details, please contact Peter Scherman, 434-286-4600, or Rick Wolf, 207-967-1995.

New York State broker of record is Inn and Vineyard Brokers of New York.

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:

  • DiRōNA Award of Excellence
  • TripAdvisor 2018 Hall of Fame Award
  • Wine Spectator Best of Award of Excellence

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. 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.

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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