The Cedars

Davidson, NC   Offered for sale at $870,000

The Cedars home features 4 bedrooms & great interior/exterior spaces. The house was originally built in 1916, but has undergone 2 significant renovations. The property is in excellent condition & has received great care. In its 4.5 years of operation it has attracted 1,120 distinct customers. The four rooms range in rates from $120 to $170 per night. The Cedars is currently a "Lifestyle" B&B. This great property in the prestigious town of Davidson could become a financially viable B&B. The owner's quarters features a family room, large chef's kitchen, sun room, master suite & laundry. Office space also available.
The Cedars had an average occupancy rate of 34% for 2018. Comparable sales analysis is available for the lovely property which is just under 4000 sq ft. Sales figures, inventory & furnishing valuations are available. Property is zoned Residential and allowable for a Bed & Breakfast. Other information is available upon requests (e-mail or phone) to the listing agents. Best showing times are between 10 am to 3 pm daily. A licensed broker must be at all showings.

Property Details
Financial Details
  • Offered for sale at $870,000
  • Occupancy Rate: 34%
  • Average Daily Rate: $148
  • Annual revenue is $70,000
  • Prequalify for Financing
Contact Information

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