The Bromfield Inn

Brevard, North Carolina

Asking Price: USD $2,225,000
Guest Rooms: 6    7
Owners Quarter: 3    3

Property Overview

Historic Elegance. 5-Star Select Registry Inn.
Six Spacious Guest Rooms with en suite baths. Gourmet Kitchen. 6,400 sq.ft.. Three-story Inn on 2 park-like acres. Two Bedroom Owners'/Innkeeper Quarters on second floor. OR Owner's apartment on garden level with private entrance, 3 bed/3 bath + living room/dining room and full kitchen leaving 5 guest suites for bed and breakfast.

Historic Bromfield Inn – A Rare Bed & Breakfast Opportunity! Step into a piece of history with The Bromfield Inn, an exquisite Colonial Revival masterpiece built in 1926 during the Great Gatsby era by renowned businessman James S. Bromfield. Lovingly restored in 2006 to its original splendor while seamlessly incorporating modern luxuries, complete with central air conditioning and heat, this turnkey bed and breakfast (in operation since 2017) is a once-in-a-lifetime opportunity for discerning investors and hospitality enthusiasts alike. This property has the distinction of being a 5-star review, Select Registry inn on 2.02 acres of rolling hilly land in Downtown Brevard, walking distance everything. This immaculate three story Inn offers 6 large guests suites all with en suite baths. Beautifully decorated and appointed with elegant comfort in mind. The main floor encompasses the grand foyer, formal living room with gas fireplace and dining room that sits 12-14 with a gas burning fireplace with a full coffee/tea bar and mini refrigerator for guests. The gourmet kitchen right off the dining room has 2 full sized refrigerators, double oven, gas stove top/grill in the large island. The main level has 3 guest rooms. Plus a full hall bathroom for guests of guests. The Garden level has the library with a very comfortable sitting area plus a full coffee/tea station and mini refrigerator for guests. The laundry room has 2 washers and 2 dryers. The garden level also has 3 guest rooms. There is a beautiful stone veranda off the living room and lovely patio on the grounds. The whole top (2nd floor) is the Owners'/Innkeepers' quarters, that provides privacy and space with 2 bedrooms, sitting area, 2 baths, loft space, with kitchenette. OR, owner can take the whole garden level for a large 3 bedroom apartment with private entrance; 3 full bathrs; living room and dining room and kitchen. Appointment only. Do NOT walk property. Currently, occupied. This is more than a business—it’s an opportunity to own a piece of history while operating a successful and beloved bed and breakfast. www.thebromfieldinn.com

About the Owner's Quarters

the whole garden level floor / apartment with private entrance. Three bedrooms with three full bathrooms. Large living room/dining room. Kitchette. Leaving 5 guest suites for bed and breakfast on main floor and second floor.

Features:
  • Is Historic Historic
  • Has a Barn Romantic
  • Has a Wedding Venue Wedding Venue
Business Description:

The business is successful and has been owner operated for last 8 years. Occupancy has been consistent over last 3 years 46% - 47%, running with blackout days and January and December months off. Value add room for increase. Corporate accounts in play. Repeat guests equals 25%+/-. Sold turn-key.

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
Kari Kurtz (Owner)
  828-577-0916
info@thebromfieldinn.com

MLS:

4239922

Sq Ft:

6,400

Owner's Quarters Sq Ft:

1,200

Acres:

2.02

Year Built:

1926

Last Renovated:

2006

Years in Business:

8

MLS:

4239922
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Financial Overview

Asking Price:

USD $2,225,000

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