Inn Around the Corner
SOLD

Black Mountain, North Carolina
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1,610,000
Asking Price
7
Guest Rooms
7
Baths

Property Overview

Welcome to the Inn Around the Corner in downtown Black Mountain! Located steps from the vibrant downtown scene, this is a popular destination for new and repeat visitors. Year round interest means year round business, and this property is perfectly situated to host guests throughout the year. Restaurants, shops, and local events are conveniently right around the corner. The property was built in 1915 as a private residence, and has been a successful B&B for many years now.


Property Description

No Restaurant
Owners Quarters

Welcome to the Inn Around the Corner in downtown Black Mountain! Located steps from the vibrant downtown scene, this is a popular destination for new and repeat visitors. Year round interest means year round business, and this property is perfectly situated to host guests throughout the year. Restaurants, shops, and local events are conveniently right around the corner. The property was built in 1915 as a private residence, and has been a successful B&B for many years now. This Victorian home features two gracious porches for taking in the mountain air, comfortable parlors for reading.


Business Summary

40%
Occupancy Rate
$98,000
Revenue Per Room
$178
Average Daily Rate
$160,750
Gross Revenue
10 x
Gross Revenue Mulitplier

Turn-key, Viable