Yelton Manor Bed and Breakfast

South Haven, Michigan
www.innrealtor.com/yelton-manor--south-haven

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Property Type
Bed & Breakfast / Inn
Guest Rooms
17
Baths
17
Restaurant
No
Owners Quarters
Yes
Asking Price
$1,999,000

Occupancy Rate
37%
Average Daily Rate
NA
Gross Revenue
$442,529
Gross Revenue Multiplier
5

Property Overview

Here is your chance to own an extremely successful and internationally recognized B&B right in a beautiful coastal resort town on Lake Michigan. Currently operating approximately 5 months out of the year, there is great potential by simply remaining open year round.


Property Description

The business property, on just over 1/2 acre, is comprised of 2 beautiful and meticulously maintained buildings on 3 lots and parking for 19 cars. The grounds around the B&B have been recently re-designed and are water-wise and sustainable. Yelton Manor Bed and Breakfast and the Manor Guest House offer 17 spacious guestrooms (all with private bath), multiple guest common areas, library, enclosed wrap-around porch plus so many other features and amenities that they just can't all be listed here. The spacious owners'/lnnkeepers' apartment has also just undergone a remarkable makeover, creating a beautifully updated living space.


Business Description

Leave it 'as is' for an onsite manager/lnnkeeper or add it to your room inventory as additional revenue. Guests will enjoy the close proximity to all of the shops restaurants that South Haven has to offer and they can walk right across the street to the beach. If you have been thinking about making the move to a more relaxed lifestyle and have always dreamed about owning a B&B, your time is now.


Reason for Selling

Innkeepers retiring after nearly 3 decades.


Terms & Asking Price