Arrowhead Inn
SOLD

Durham, North Carolina
www.innpartners.com/urban-north-carolina-inn/
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Property Type
Bed & Breakfast / Inn
Guest Rooms
9
Baths
9
Restaurant
Yes
Owners Quarters
Yes
Asking Price
$1,495,000

Occupancy Rate
44%
Average Daily Rate
$229
Gross Revenue
NA
Gross Revenue Multiplier
NA

Property Overview

This special 9 room Bed & Breakfast Inn is honored with a Four Diamond rating from AAA and is a member of Select Registry. The Inn will serve dinner, by reservation, to house guests only, on a limited basis. This is something a new owner can change to suit their own desires. Sales in 2016 reached an outstanding $415,000 with an occupancy rate of 44% and an average daily rate of $229. All of the guest rooms are very luxurious, spacious and equipped with amenities that today's guests are seeking. Most rooms have gas fireplaces, steam showers, whirlpools, WIFI and are air conditioned. There are 6 acres with lovely landscaped grounds. The location near the Research Triangle Park and other local busineses provide strong mid-week activity. This is a great business for an owner/operator couple and has limited staff needs.