Spencer House Inn

St. Marys, Georgia
www.bandbconsulting.us
youriguide.com/101_bryant_st_e_st_marys_ga
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Property Type
Bed & Breakfast / Inn
Guest Rooms
14
Baths
15
Restaurant
No
Owners Quarters
Yes
Asking Price
$1,499,000

Occupancy Rate
NA%
Average Daily Rate
NA
Gross Revenue
NA
Gross Revenue Multiplier
NA

Property Overview

Spencer House Inn says "Come Grow With Us”. After more than 25 rewarding years in the hospitality business, the owners of Spencer House Inn have decided to pass the torch. While the world is experiencing a transition to a new normal, the timing for new Owners is perfect. With the low interest rates, some data trends are showing that a significant amount of built up desire to travel will positively influence the hospitality industry and the amount of demand will exceed supply which will mean an increase in occupancy.


Property Description

Further data from travel analysts show that among the tourists ready to travel, they prefer to stay at smaller, luxury properties. Spencer House Inn fits that profile as a member of Select Registry, a diverse collection of independent, boutique properties that deliver a level of personalized service and a quality experience only a select few independent properties can attain. Furthermore, this historic B&B is consistently awarded top honors by travel professionals, hospitality organizations and guests alike.


Business Description

St. Marys, GA is a southeast coastal village just 9 miles east of I-95 and 3 miles from Florida with the picturesque St. Marys River as the border between the states - what a great location! St. Marys is also the gateway to Cumberland Island National Seashore, a national park landmark teeming with history, charm and plenty of room for year round outdoor activities and adventures.Two significant announcements during 2020 make this a banner year for St. Marys, w/unlimited possibilities for Spencer House Inn to be a part of- new Cumberland Inlet & USN Submarine Base Kings Bay reno & expansion.


Reason for Selling

After more than 25 rewarding years in the hospitality business, the owners wish to pass the torch.


Terms & Asking Price