Carolina Bed and Breakfast

Asheville, North Carolina

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Property Type
Bed & Breakfast / Inn
Guest Rooms
Owners Quarters
Asking Price

Occupancy Rate
Average Daily Rate
Gross Revenue
Gross Revenue Multiplier

Property Overview

Stunning Bed and Breakfast in Montford Historic District, half mile from downtown restaurants and shops. Permitted for 5 bedrooms/6 baths in main house in addition to a private 1 bedroom cottage with its own terrace. Asheville is a thriving town with high tourism rates.

Property Description

Carolina Bed and Breakfast's main house is over 6,500 sq.ft. A total of 9 bedrooms/9.5 baths in addition to the cottage. It is perfect for a family or to have extra room when friends/family visit. The Innkeepers' quarters are beautiful with spacious bedroom and bath as well as a library and great room with private terrace. The updated kitchen is enormous.

Business Description

The Inn has a 33 year history of Innkeeping with potential for higher occupancy and income. Given its current zoning, you could have an additional cottage onsite.

Reason for Selling

Innkeepers are retiring.

Terms & Asking Price

Cash or conventional financing.