Landgrove Inn | 132 Landgrove Rd
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Landgrove Inn 132 Landgrove Rd
16 Room Hotel Landgrove, VT 05148 $2,099,000 ($131,188/Room)
Investment Highlights
- Beautiful country setting
- On site restaurant and tavern
- Arts center with strong repeat business
Executive Summary
The Landgrove Inn and InView Center for the Arts is an historic, quintessential, full service country Inn set in the picturesque town of Landgrove, surrounded by the majestic Green Mountains. With over 23 acres which include the Inn, Restaurant and Tavern, Arts Center building, beautiful pond, and inground pool, there are numerous opportunities. Within minutes of Okemo, Bromely, Stratton and Magic ski areas as well as local cross country skiing. Summer draws guests for the beautifully landscaped property with pool, pond, pickleball court and proximity to the Weston Theater Company and numerous lakes. The InView Center for the Arts draws over 35 groups per year with up to 15 rooms, for 5 nights with 3 meals daily, providing tremendous base business. The Arts Center building is key to this revenue stream and with over 1800 sq ft, it has potential for numerous other uses. The Inn offers 16 rooms and suites and owners quarters consisting of 3 rooms. The property has been well cared for by the current owner for over 21 years and they have increased revenues streams while reinvesting in the business including the addition of the Arts center building in 2009, new generator in 2023 and replacing the roof on half the Inn in 2022. A country gem with a solid group base revenue stream and so much potential for additional revenue growth.
Property Facts
Amenities
- Balcony
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Outdoor Pool
- Destination Resort
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 16 | $260.00 | - |
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PROPERTY TAXES
| Parcel Number | (106)03-00-31 | Improvements Assessment | $844,900 |
| Land Assessment | $371,700 | Total Assessment | $1,216,600 |
PROPERTY TAXES
Parcel Number
(106)03-00-31
Land Assessment
$371,700
Improvements Assessment
$844,900
Total Assessment
$1,216,600
zoning
| Zoning Code | Rural/Residential |
| Rural/Residential |
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Landgrove Inn | 132 Landgrove Rd
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