Palmer Alaska Bed and Breakfast

Palmer, Alaska
www.innpartners.com/inn/palmer-alaska-bb/

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Property Type
Bed & Breakfast / Inn
Guest Rooms
20
Baths
25
Restaurant
No
Owners Quarters
Yes
Asking Price
$2,495,000

Occupancy Rate
52%
Average Daily Rate
$137
Gross Revenue
$584,000
Gross Revenue Multiplier
NA

Property Overview

Price reduced by $400,000! The first thing to note about the Alaska Garden Gate Bed and Breakfast is that it is in Alaska, a far-flung state that is one-fifth the size of the lower 48. An abundance of wildlife and unparalleled natural beauty drive travelers to the state in droves and many of those travelers account for the Inn’s near 100% occupancy in summer. The Inn’s success is largely due to its location, which offers guests country respite, with the convenience of restaurants, shopping and Alaska Routes 1 and 3 all under 10 minutes from this Palmer Alaska B&B for sale.