Mayhurst Inn
SOLD

Orange, Virginia
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1,350,000
Asking Price
8
Guest Rooms
9
Baths

Property Overview

This restored Italianate Victorian Plantation Manor House is privately situated on 36.52 acres. On entering the main Level of the Manor House, you are immediately struck by the spacious foyer, 10.5-foot ceilings, hardwood floors, the archways and arched windows, fireplace, original woodwork, and the spiral staircase!


Property Description

No Restaurant
Owners Quarters

On the 2nd Level, there are 4 guestrooms with private bath, 2 with whirlpool tubs, all with fireplaces and 1 with a private balcony. The 3rd level has a guest suite, another parlor and 3 storage rooms – space for expansion. From this level there is a staircase leading to the cupola where Stonewall Jackson is said to have viewed his troops! In the English basement you have the Dining Room with fireplace. There is also a handicapped guestroom with a private outside entrance.


Business Summary

40%
Occupancy Rate
$86
Revenue Per Room
$170
Average Daily Rate
$230,000
Gross Revenue
7 x
Gross Revenue Mulitplier

Mayhurst Inn enjoys a stellar reputation and has operated as an inn for more than 20 years. Its proximity to the University of Virginia, Washington, DC and Northern Virginia as well as Richmond and the Hampton Roads area of Virginia is ideal for business. James Madison's home, Montpelier, is just 4 miles away!


Reason for Selling

Owner retiring.


Terms & Asking Price

Cash at settlement.