Hemingway House Bed & Breakfast
SOLD

St. Augustine, Florida
properties.cbcpremierproperties.com/hemingwayhou
properties.cbcpremierproperties.com/docs/documen
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Property Type
Bed & Breakfast / Inn
Guest Rooms
6
Baths
8
Restaurant
No
Owners Quarters
Yes
Asking Price
$1,200,000

Occupancy Rate
35%
Average Daily Rate
$175
Gross Revenue
NA
Gross Revenue Multiplier
NA

Property Overview

*** THIS B&B HAS BEEN SOLD *** Great downtown St. Augustine location. Hemingway House Inn Bed & Breakfast is a charming six-room B&B in the heart of St. Augustine's historic district. The Inn has a main house and a carriage house. Its highly rated on TripAdvisor and has on-site parking for all guests. Each of the six guest rooms have a new upscale private bathroom, and are upstairs with a covered balcony.


Property Description

*** THIS B&B HAS BEEN SOLD*** There is an opportunity to add more rooms to the available inventory. The owners' apartment is in the main house and could be two rooms or a suite. In the cottage there is one room ready to update and furnish that is currently being used for storage so the Inn could be 8 or 9 rooms very easily with limited work and funds thus contributing to the net profit. This Inn is close to great restaurants, shopping and attractions so guests can walk to their favorite places. Owners are retiring creating this opportunity. Sold turn key.


Business Description

This B&B has has been sold.


Reason for Selling


Terms & Asking Price