High Revenue Producing B&B in the Hudson Valley
Hyde Park, NY
Offered for sale at $1,400,000
Journey Inn sits on 2.6 acres in a neighborhood of grand historic estates in the heart of in historic Hyde Park, less than 2 hours from New York City. The property is located in Dutchess County across the street from the Vanderbilt Mansion, and within walking distance from shops, attractions and restaurants. The top attractions of the scenic Hudson Valley within a short driving distance of the property.
Call or email White Stone Brokers today to view detailed financials and see how this property has exceeded historic revenue in 2022 with continued growth in 2023! This combined with untapped revenue streams offers new owners a tremendous business opportunity.
Journey Inn is a charming Colonial Mid-Century building, renovated from a private residence into a contemporary bed and breakfast in 1996. The current owners have continued to operate as a successful lodging business during their ten years of ownership. The property is lush and beautifully landscaped with an in-ground irrigation system for the seasonal gardens. The guest experience at the Inn currently includes a full individually plated breakfast and concierge services. The inn offers 5 guest rooms and 2 guest suites that vary in size and layout, each featuring a unique theme inspired by regional history and world travel.
The inn also features an elegant and spacious guest living room with fireplace, butler’s pantry, dining room and guest sitting room with fireplace. The owners’ ground floor living quarters features a private outside entrance, bedroom, bathroom, sitting room and living room adjacent to the large eat-in kitchen, which boasts ample storage and work space with a commercial range, providing a comfortable degree of privacy and separation for owners.
Contact White Stone Brokers today to view the offering report & take the 360 degree tour!
Financial Details- Offered for sale at $1,400,000
- Occupancy Rate: 65%
- Average Daily Rate: $233
- Annual revenue is $390,000
- Terms: Contact White Stone Brokers for detailed financials.
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