Red Forest Bed and Breakfast SOLD
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- Property Type
- Bed & Breakfast / Inn
- Guest Rooms
- 4
- Baths
- 6
- Restaurant
- No
- Owners Quarters
- Yes
- Asking Price
- $329,000
- Occupancy Rate
- 30%
- Average Daily Rate
- $150
- Gross Revenue
- NA
- Gross Revenue Multiplier
- NA
Property Overview
The Red Forest is located in Two Rivers, WI a historic fishing port located on the shores of Lake Michigan. Our local activities reflect back to the Lake, Point Beach State Park, Mariner's and Rawley Point Bike Trails, National Ice Age Trail, and our new River Trail. Located 30 minutes from Green Bay WI, 1 1/2 hour from Milwaukee, enroute to the Door County Penninsula.
Property Description
1907 three story Shingle Style home highlighted with beautiful oak woodwork, stained-glass windows and fireplace. Four guestrooms located on the second floor with private baths, queen size beds and antique furnishings included. Other areas include front porch, living room common area, sun porch and backyard patio seating. Newly renovated kitchen in 2016. Third floor innkeepers quarters include 3 bedrooms, bath and living room area.
Business Description
Established in 1990 the Red Forest has been operated with the same owners for 28 years. Maintaining a 5 star rating with Trip Advisor and a 3 star AAA rating with a strong repeat following and an excellent online reputation. Fact sheet available upon request.
Reason for Selling
Looking to retire.
Terms & Asking Price
Being offered as a turn key operation with the majority of furnishings included.
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