Charlottesville, Virginia
Strong year-round business with room to grow both occupancy and ADR for a motivated owner/operator.
Foxfield Inn is a Select Registry 5 room Bed & Breakfast located in the rolling hill country just 15 minutes outside of Charlottesville, VA. The landscaped 3-acre property provides ample space to relax, enjoy nature, and host outdoor events. The inn also features easy access to downtown Charlottesville, which has a great variety of restaurants and shops, in addition to being very convenient to the campus of the University of Virginia.
Foxfield Inn is a sprawling, well-maintained ranch-style building. The main house was built in 1951 and then expanded between 1999 and 2001 with the addition of 5 purpose-built guest rooms. Each room is beautifully appointed and offer peaceful views of the surrounding gardens. All guest rooms also have expansive en-suite baths, most with jetted bathtubs, along within-room gas fireplaces to further enhance the guest experience. There are several common areas including a patio, outdoor gazebo, hot tub and fire pit, each furnished as separate gathering spaces. The spacious and well-equipped sit-in kitchen offers expansive work areas and is fully equipped with all the appliances required for high-end guest services. Back-of-house areas include ample space for storage as well as a 2-car garage, along with exceptional owner’s quarters.
2 master suites - ground floor suite (with en-suite) is currently used as an office, upstairs has jetted tub in full bath plus lots of storage.
Historical year-round occupancy is in the mid 40%'s, despite being closed 4 to 6 weeks a year for personal travel and vacations. Aggressive yield management could also provide opportunities for additional revenue growth.
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