Bent Creek Lodge

Arden, North Carolina
www.bentcreeknc.com
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Property Type
Bed & Breakfast / Inn
Guest Rooms
10
Baths
11
Restaurant
No
Owners Quarters
Yes
Asking Price
$2,200,000

Occupancy Rate
65%
Average Daily Rate
$174
Gross Revenue
$429,200
Gross Revenue Multiplier
5

Property Overview

Bent Creek Lodge is a 10-room Bed and Breakfast located on 5 acres in the popular Bent Creek area of Asheville. Just minutes to the French Broad River, Lake Pohatan, rafting and hiking on its own trails. Wonderful outdoor spaces for guests to enjoy. Each guest room opens to an open, covered deck for relaxing after a day of sightseeing in the area. Close to the Biltmore Estate and all it offers. Minutes to vibrant downtown Asheville's shopping and restaurant scene.


Property Description

The Lodge is the getaway you have been looking for. Nestled in its own mountainside with the perfect mix of pampered care, a quiet, private setting to enjoy. This elegantly, rustic lodge is adjacent to the Blue Ridge Parkway and the Asheville Botanical Gardens. A spacious great room with stone fireplace, WIFI, satellite TV and pool table to enjoy after a long day. The Innkeeper is a trained chef and her breakfasts keeps guests coming back again and again.


Business Description

The Inn is actively run by the owners, and part time housekeeping help. The occupancy is stable in the low 70's. The room rates are moderate for the area and could be increased to add to the existing revenue. It is a well-maintained structure with no deferred maintenance issues. Lovely Inn and grounds.


Reason for Selling

Retirement and travel are on the agenda.


Terms & Asking Price

Cash or commercial financing.