Abbington Green Bed and Breakfast Inn and Spa

Asheville, North Carolina

Asking Price: USD $2,500,000
Guest Rooms: 8    8
Owners Quarter: 2    2

Property Overview

Asheville is noted as one of the top destinations for Bed & Breakfast Inns in the United States. Additionally, the Abbington Green has the reputations as being one of, if not the top Bed & Breakfast Inn's in the Asheville area.

Asheville, North Carolina is noted as one of the top destination cities in the United States. Asheville has in excess of 17,000,000 tourist annually visiting the city from all around the world. Asheville, is the home of the Biltmore House which has in excess of 3,000,000 visitors each year. Although currently operated as an 8 Room Bed & Breakfast Inn" there are a number of additional / potential uses of the property. Due to the low volume of single family housing the property could become a 10+ room single family home. Additionally, a new owner could put together a plan for a 4-5 bedroom Bed & Breakfast Inn. However, we would recommend any potential buyer who wishes to change the current use obtain approval from the local governing body, prior to purchase.

About the Owner's Quarters

The entire 3rd floor is exclusively the Owners Quarters. This includes 2 bedrooms, 2 bathrooms, a generous open area with space for dining, and a kitchen.

Features:
  • Is Historic Historic
  • Has a Barn Romantic
  • Has a Wedding Venue Wedding Venue
Lifestyle:
  • Nearby Winery / Brewery Winery
  • Close to Fishing Fishing
  • Includes a Restaurant Golf
  • Near Horses Horse
Business Description:

The purchase of the Abbington Green Bed & Breakfast Inn is the purchase of a Historical Property in one of the most desirable locations in the United States. Currently owned and operated as a successful Bed & Breakfast Inn the property has the potential to become a "Private Residence" or to become a 4-5 Bedroom Inn. It is recommend any change in the current use be approved prior to finalizing a purchase. This Historical Property, whether used as a single family home, a Bed & Breakfast Inn, or a combination of the two offers many options to the new owners.

Terms of Sale:

Call Listing Agent, Do Not Disturb Tenant, No Sign
From 1-240 take exit 4C Montford Avenue then you take a slight right on to Soco Avenue and another slight right onto Cumberland Circle. The Inn will be on your left and parking is in the back of the main house & or the Carriage House.

Valuation & Mortgage Calculator:
30 Years Fixed
n/a % Interest
  • Loan Amount
  • Principle and Interest
  • Cash Flow
  • DSCR $0
  • Cap Rate $0
  • ROI $0
Listed By
Rob Sales (Listing Agent)
  9126557674
B&B Consulting

MLS:

4150485

Sq Ft:

6,427

Owner's Quarters Sq Ft:

1,294

Acres:

1

Year Built:

1902

MLS:

4150485
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Financial Overview

Asking Price:

USD $2,500,000

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