Belmont Historic Inn
Greenville, MS
Offered for sale at $995,000
Belmont was listed on the National Register of Historic Places in 1972. Meticulously restored in 2017, Belmont Historic Inn is now a luxury Bed and Breakfast with 8 guest rooms in the main house and 1 in the detached cottage. Fully-staffed and highly-operational, Belmont has received a gross income of over $130,000 in the past three years. Additionally, Belmont has transferable historic tax credits eligible for use by the buyer!
Property Details- 9 Guest Rooms
- 9 Guest Room Baths
- Has Owner's Quarters
- Built in 1857
- Last Renovated in 2017
- Opened in 2016
- Building is 8,800 SQFT
- Lot is 6.4 Acres
- Photo Gallery
- Property Website
Financial Details- Offered for sale at $995,000
- Occupancy Rate: 65%
- Average Daily Rate: $168
- Annual revenue is $50,000
- Terms: Buyer has opportunity to collect a total of $265,500 in tax credits: $147K toward state tax and $118K toward federal tax.
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