Prescott Pines Inn Bed & Breakfast

Prescott, Arizona
www.prescottpinesinn.com
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Property Type
Bed & Breakfast / Inn
Guest Rooms
14
Baths
15
Restaurant
No
Owners Quarters
Yes
Asking Price
$2,200,000

Occupancy Rate
50%
Average Daily Rate
$175
Gross Revenue
NA
Gross Revenue Multiplier
NA

Property Overview

Award winning Prescott Pines Inn Bed & Breakfast. Most highly sought after B&B in Prescott, with an over-the-top return rate. Only 5 owners since first offered as a lodging experience since 1952. Located a mile to the Courthouse Plaza and Whiskey Row. Fully licensed commercial kitchen with seating for 18 guests. 5 buildings, 13 guest rooms which includes a lodge for large families on a mature Ponderosa pine lot adjacent to Granite Creek. Current ownership has dramatically increased room bookings and revenue (offering wedding and private function events). 6.7% CAP RATE. Occupancy/ADR with non-disclosure agreement.