Kilmarnock Inn
Kilmarnock, Virginia
Asking Price:
USD
$3,250,000
Guest Rooms:
16
21
Property Overview
Main house and six Cottages with a full serve restaurant in main house. Top rated B&B and Hotel on the eastern shore of Virginia
16 room inn all with private bath. There is an American Theme throughout.
Features:
-
Historic
-
Restaurant
-
Romantic
Lifestyle:
-
Beach
-
Winery
-
Fishing
-
Golf
Business Description:
Opened in 2008 has been a successful business for 17 years with revenue growth each year.
Terms of Sale:
Cash out or owner financing with large down payment. Current bank commercial appraised at $3,300,000 as of April 7,2025
Listed By
Shawn Donahue (Owner)
8047615520
Kilmarnock Inn LLC
Shawn Donahue (Owner)
8047615520
Kilmarnock Inn LLC
Sq Ft:
7,500
Acres:
0.53
Year Built:
1884
Last Renovated:
2008
Years in Business:
18
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Financial Overview
Asking Price:
USD $3,250,000
Cap Rate:
10%
NOI:
USD $311,000
Annual Gross Revenue:
USD $1,147,741
Gross Revenue Multiplier:
3x
Revenue Per Room:
USD $84
Occupancy Rate:
32%
Average Daily Rate:
