Folkestone Inn
SOLD

Bryson City, North Carolina
Add to Favorites
1,199,000
Asking Price
10
Guest Rooms
12
Baths

Property Overview

Amazing investment opportunity in the hospitality hub of the Great Smokys. A farm-to-table 10 guest room bed and breakfast for sale with 2 bedroom Inn owner's quarters with a private entrance.


Property Description

No Restaurant
Owners Quarters

Farm to Table Gourmet is an understatement. The Folkestone Inn has long been know for its delicious breakfasts. Now the mornings are even more scrumptious. The Folkestone Inn began in the early '20s as a rural farmhouse surrounded by cornfields, gardens and pastures. Today, much of that farmstead feelings remains. The garden provides fresh herbs and veggies for the legendary farm-to-table breakfast. The beloved flock of hens provide the kitchen with the freshest eggs. The cornfield is now a sprawling front lawn with plenty of room to chase frisbees or do your morning yoga.


Business Summary

The Great Smokys Railroad has 53 miles of track with two tunnels and 25 bridges. This is a major tourist destination in Western North Carolinan for adults and children of all ages and and ideal for families. To the more mature travelers you are only 10 miles (20 minutes) from the Cherokee Indian Reservation. The property is ideal for the environmental conscious buyer. Much of the food waste from the Inn is used to feed the "Free Ranging" chickens. The Inn has been a successful B & B for 44 years and has separate owners quarters with a private entrance.


Location

Mortgage Calculator

Inn Aquisition
Purchase Price
$
 
Improvements Required
$
 
Total Acquisition Cost
$
 
Buyer Equity
$
Closing Costs
$
Loan Amount
$
 
Financing Terms
Mortgage Interest Rate
%
Length of Mortgage/Years
Estimated Payments
Monthly Principal + Interest Payment
$
 
Annual Payment
$