The Inn of the Greenway

Cleveland, Tennessee
www.innonthegreenway.com
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Property Type
Bed & Breakfast / Inn
Guest Rooms
5
Baths
5
Restaurant
No
Owners Quarters
No
Asking Price
$549,900

Occupancy Rate
75%
Average Daily Rate
$487
Gross Revenue
NA
Gross Revenue Multiplier
NA

Property Overview

Turnkey B&B is fully furnished. Great opportunity in prime Cleveland, TN location. All permits (fire-health-hotel-restaurant) are in current. Located directly on the greenway and walking distance to Lee University. Attention to detail throughout. 5 guests rooms with all the modern amenities each with their own private bath and individually controlled heat/air.


Property Description

The Inn's main floor has a fully stocked kitchen and formal dining room with seating for 10, two guest rooms (queen beds) with handicapped roll-in showers, a living room and a half bath. Upstairs you'll find another lounging area and 3 more private rooms (1-queen, 1 double, 1 queen with single bunk beds.) Plenty of outdoor space on the front wrap-around porch and back covered deck overlooking the greenway. View the website at www.innonthegreenway.com.


Business Description

Seller has not advertised on any booking sites and still has had success. They have rented the whole house or give an option for individual rooms.


Reason for Selling

Sellers have another job and trying to simplify.


Terms & Asking Price

Possible owner financing.