InnShopper > Inns for Sale > Texas > Navasota > Red Velvet Inn

Red Velvet Inn


Navasota, TX   Offered for sale at $349,000
 

The four bedroom, four bath Red Velvet Inn was fully restored in 2012 and has been operating as a bed & breakfast ever since. The home is 3,331 square feet and sits on an oversized lot with a full fenced backyard. One guest room is downstairs and the other three are upstairs. Two guest rooms have en-suite bathrooms, two bedrooms have detached bathrooms but one of those could be converted to en-suite. Owner is currently operating the Inn part-time so there is significant opportunity for growth for a full-time innkeeper.

The Inn is not currently owner-occupied but the master bedroom downstairs could easily serve as the owner’s quarters.

The Inn is located in Navasota, TX, a fast-growing town, located 20 minutes south of College Station (home of Texas A&M University) and one hour north of Houston.



Property Details
  • 4 Guest Rooms
  • 4 Guest Room Baths
  • Built in 1890
  • Last Renovated in 2012
  • Opened in 2012
  • Building is 3,331 SQFT
  • Lot is 0.36 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $349,000
  • Occupancy Rate: 25%
  • Average Daily Rate: 130
  • Annual revenue is $25,000
Contact Information