Tybee Island Inn 24 Van Horne Ave
9 Room Bed and Breakfast Tybee Island, GA 31328 $2,500,000 ($277,778/Room)
INVESTMENT HIGHLIGHTS
- Licensed Bed and Breakfast
- 11 Parking Spots
- Can Serve Breakfast and Afternoon Snack
- 9 Rooms Total Including Owners Suite
- Huge Kitchen with 4 Fridges
- All Linens and Furniture Included
EXECUTIVE SUMMARY
Historic 9BR/9.5BA Bed & Breakfast on Tybee Island! Originally Constructed in 1902 as a Day Hospital for Fort Screven, the Tybee Island Inn has over 5283sqft of space for your Hospitality to come to life here on the Island. SBAC Loan Portion is Assumable for New Owner! Located on a large .33 Acre Lot & Sold Fully Furnished, including Linens, Customized Drinkware w/ Logo, Fully-Stocked Kitchen & Decor for Holidays! Wedding Business is included with chairs, tables, linens & decor. Large Kitchen w/2 Gas Stoves & 2 Dishwashers plus 2 Fridge/Freezers Downstairs in Storage Room for overflow! Living Room w/Large Wood-Burning Fireplace + Spacious Dining Area for Guests! Front Courtyard w/Newer Hardscape, Fountain & PVC Fencing + Gorgeous Oak Trees! Recent Interior Updates: Water Heater, AC Units, Paint & Furniture! Huge Covered Front Porch w/Gazebo. Walking Distance to North Beach, Jaycee Park, the Lighthouse, & Restaurants! 8 Parking spots in Front and 3 Parking Spots in Back for Owners. Food service limited to breakfast for guests only and to be served between the hours of 5:00 a.m. to 12:00 noon and an afternoon snack.
PROPERTY FACTS
| Price | $2,500,000 |
| Price Per Room | $277,778 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 5,283 SF |
| No. Rooms | 9 |
| No. Stories | 3 |
| Year Built/Renovated | 1902/2017 |
| Parking Ratio | 2.27/1,000 SF |
| Corridor | Interior |
AMENITIES
- High Speed Internet Access
- Bed & Breakfast
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 9 | $271.00 | - |
PROPERTY TAXES
| Parcel Number | 4000222002 | Improvements Assessment | $424,400 |
| Land Assessment | $110,680 | Total Assessment | $535,080 |
ZONING
| Zoning Code | R1 (Multi Family Dwelling) |
