Successful Historic Lehigh Valley Inn

Easton, Pennsylvania
InnAdvisors.com
lafayetteinn.com
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Property Type
Bed & Breakfast / Inn
Guest Rooms
18
Baths
19
Restaurant
No
Owners Quarters
Yes
Asking Price
$2,795,000

Occupancy Rate
56%
Average Daily Rate
$158
Gross Revenue
NA
Gross Revenue Multiplier
NA

Property Overview

A stunning Georgian Mansion in a dream come true hospitality location. Steps from the campus of beautiful Lafayette College in the Lehigh Valley town of Easton at the confluence of the Delaware and Lehigh Rivers. Historic Easton has a world class dining scene and a charming walkable main street with shops and galleries for guests to explore. Guests will find within minutes of the Inn hiking and bike trails, bucolic waterways and beautiful country roads to explore.


Property Description

The Lafayette is in an enviable drive market with 50-70M population from New York to Philadelphia and Pittsburg, all centers of development, innovation and finance. The ideal guest demographic looking for an experience based getaway. The Inn has 18 en suite king and queen guest rooms, spacious gathering, dining and meeting spaces, ample off-street parking and a separate 3 bedroom owners' or managers' home is included. With modern guest controlled HVAC and original detail to delight leisure or business travelers. The Inn's kitchen is appointed to seamlessly prep and serve full breakfast.


Business Description

The Lafayette is an established Select Registry Inn that is staffed, well run and profitable and has the opportunity to grow and take advantage of it’s extraordinary university adjacent location. This is a fast growing market attracting affluent buyers taking advantage of easy urban access and telecommute. Financials available to qualified buyers


Reason for Selling

Sellers retiring after 15+ years of Innkeeping.


Terms & Asking Price

Turnkey sale includes business, name, contents, website, social media, guest list and owners home.