InnShopper > Inns for Sale > Maryland > Annapolis > The Flag House Inn

The Flag House Inn


Annapolis, MD   Offered for sale at $1,800,000
 

Centrally located within two hours of several major metropolitan areas such as Philly, Baltimore, Washington, and Norfolk, this Annapolis, Maryland, inn meets all three elements of Location, Location, Location….close to mega-metropolitan populations, a diverse range of area attractions to bring guests to town, and only a block or 2 from the City Dock and Harbor, Naval Academy, St. John’s College, and the State Capital and its circle of businesses as well as boutique shopping and unique restaurants and pubs. With five easily managed guest rooms, super-rare off-street parking, and historic neighborhood surrounds, this inn is ideally suited for a couple looking for the pleasant lifestyle of a maritime region or the ability to have someone continue a career outside of the inn with a short commute to the major cities.

The Inn is actually a twin-unit duplex joined together as one great Inn! …two valuable Annapolis pieces of real estate for the price of one! There is a lot of flexibility for owner’s quarters options as well.

Popular with mid-week business guests as well as getaway leisure travelers, the Flag House Inn has been a strong performer in the area with room for additional occupancy growth since the owners have chosen to close some of the year. The owner’s quarters and kitchen are larger than most inns, and newly renovated and, as such, are enviable to almost all other innkeepers. An apartment-like office over the 2 car garage (more off-street parking!) makes for additional innkeeper space, with powder room, for hobbies, office, or for visiting family.

With a MUCH higher Average Daily Rate than most other inns, Flag House Inn B&B offers the location, luxury, privacy, and historic quality for a satisfying innkeeper lifestyle as well as offering additional occupancy growth potential for a strong bottom line.



Property Details
  • 5 Guest Rooms
  • 5 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1900
  • Last Renovated in 2013
  • Building is 4,000 SQFT
  • Lot is 0.12 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $1,800,000
  • Occupancy Rate: 38
  • Average Daily Rate: 228.00
  • Terms: Turnkey. Also can be purchased as two residential properties for $1,825.000 without business assets
Contact Information