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Asheville North Carolina Inn


Asheville, NC   Offered for sale at $2,600,000
 

NEW PRICE The Albemarle Inn. Built in 1907,11 guest rooms plus common areas are grand, with the greatest emphasis on the dining rooms. A formal dining room leads to a magnificent sun room with breakfast tables. The enormous grand foyer serves as a living room and reception area. In nice weather, the huge side porch with two story roof and columns in the grand southern style overlooking the lawn and gardens offers a place to sit, relax, and travel back in time.

Small weddings and elopements are an important part of this Asheville North Carolina inn for sale’s business. They have been instrumental in driving increased room rates and ancillary revenue, making this property exceptionally profitable.

Service is provided at a very high level. Staff is attentive and accommodating without being overbearing; the food is excellent; and access to a range of amenities supplements and complements those provided in the guest rooms. The kitchen and laundry are well situated and appointed. Owner’s quarters are close to the kitchen and away from guest areas and boast two large rooms with 11’ ceilings, spacious bath, a private deck and enclosed back yard.

And, of course, Asheville is one of the most popular destination locations in the South and is a wonderful place to live. With a moderate 4 season climate, fantastic restaurants, wineries and breweries, the Biltmore Estate, and abundant outdoor activities, it’s hard to beat Asheville!

In short, this Asheville North Carolina inn for sale is a magnificent, well maintained property with a stable, solid business history exhibiting attractive multiples and net operating income.



Property Details
  • 11 Guest Rooms
  • 11 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1907
  • Last Renovated in 2018
  • Photo Gallery
Financial Details
  • Offered for sale at $2,600,000
Contact Information