Carriage House Inn SOLD
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- Property Type
- Bed & Breakfast / Inn
- Guest Rooms
- 6
- Baths
- 8
- Restaurant
- No
- Owners Quarters
- Yes
- Asking Price
- $1,675,000
- Occupancy Rate
- 40%
- Average Daily Rate
- $222
- Gross Revenue
- $225,000
- Gross Revenue Multiplier
- 7.44
Property Overview
Own this remarkable 19th century, 6 guest room gem with all the modern amenities and seaside charm to compliment it's world class location. Chatham's international reputation for lovely shops, white sand beaches, deep water anchorage, art galleries, fine dining, and it's historic setting support this very successful Cape Cod business.
Property Description
Highly successful B&B on a 3/4-acre corner lot. Walk to the beach and Main St. shops. Features six king and queen guest bedrooms with private baths, 3 with fireplaces, period detail, luxurious furnishings and bedding. Beautiful dining and gathering common areas inside and out. Very large granite/stainless chef;s kitchen. Large owners' quarters with bedroom, spa bath, fireplaced living room, den/craft room. Office with private entrance.
Business Description
A premier B&B location surrounded by all the amenities of Chatham on Cape Cod. Established business with strong NOI (net operating income), great occupancy and ADR. Financials available. The numbers speak for themselves.
Reason for Selling
Innkeepers retiring to enjoy the grand kids and the Cape.
Terms & Asking Price
Totally turnkey sale including furniture, fixtures and equipment, website, social media guest list and advanced reservations.