Suitable Digs

Santa Fe, New Mexico
suitabledigs.com

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Property Type
Bed & Breakfast / Inn
Guest Rooms
5
Baths
5
Restaurant
No
Owners Quarters
Yes
Asking Price
$1,250,000

Occupancy Rate
67%
Average Daily Rate
$113
Gross Revenue
$114,066
Gross Revenue Multiplier
11.75

Property Overview

Welcome to one of the most inspiring properties you will ever have the opportunity to experience. To view it is to witness the gradual unfolding of a magical place that has evolved over time to become a divinely creative expression of gardens, pathways, greenhouses, outdoor dining areas, patios with mountain views, and a small rock-lined swimming pool. Located in Santa Fe, the oldest capital city in North America with the third largest art market in the U.S and home to the Santa Fe Opera, Meow Wolf, International Folk Art Market, Indian Market and many other year-round cultural events.


Property Description

The main house is post and beam construction consisting of three levels with a ground-level apartment. There are also two additional and separate studio apartments all opening onto a new cobblestone patio plus an exquisitely restored 1948 Spartan travel trailer. This property is being offered with a long-standing and lucrative turnkey vacation rental business. And for those who value sustainability and strive for green living, there is a large solar energy array, 10,500 gallons of roof water catchment, extensive vegetable and fruit gardens, two greenhouses and a 120-tree micro forest.


Business Description

A very established vacation rental business with repeat customers and marketing on various websites including https://www.suitabledigs.com/


Reason for Selling

After 18 years creating a labor of love...it's time for a new adventure.


Terms & Asking Price

Cash/New Loan