The Doctor’s Inn - Historic Bed and Breakfast


West College Corner, IN   Offered for sale at $269,000
 

This inn is located less than 5 miles from Miami University in Oxford, Ohio. We recently added a fifth guest room for a total of 5 guest rooms each with its own private bathroom. In addition, there is a first floor Master suite. The inn has a steady weekend business and occasional weekday business through the school year primarily with parents visiting the University. During the summer months, there is also mostly weekend business from visitors to the nearby State parks including Whitewater State Park and Brookville Lake in Indiana as well as Hueston Woods State Park in Ohio. The house, which was built in 1878, has a historic past and served as the office and family home for several small-town doctors through most of the 1900s before being converted to a bed and breakfast in the late1990s. The bed and breakfast has undergone a major updating over the past three years with newly updated kitchen, bathrooms and all common areas, as well as new HVAC and water heaters.



Property Details
  • 5 Guest Rooms
  • 5 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1878
  • Last Renovated in 2019
  • Opened in 2018
  • Building is 3,128 SQFT
  • Lot is 0.3 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $269,000
  • Occupancy Rate: 13%
  • Average Daily Rate: 147.00
  • Annual revenue is $40,000
  • Terms: All data is 2019 CY data. Full CY Occupancy rate for weekends (Th-Fri-Sat) is 30% and school year only is >40%, 60% Fri-Sat only. Inn occupancy follows University with Dec-Jan & Jun-Jul very light.
Contact Information