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Black Walnut B&B Inn 288 Montford Ave

9 Room Bed and Breakfast Asheville, NC 28801 $2,550,000 ($283,333/Room)

EXECUTIVE SUMMARY

The Black Walnut Bed & Breakfast Inn offers a total of 8 Bedrooms each with private baths. 6 of the Bedrooms are in the main building and 2 are in a cottage adjacent to the main house. Additionally, the cottage offers a one-bedroom suite for the owner or inn manager. A list will be provided as to what pieces of furniture comes with the purchase of this property.
Year Built: 1899
# of Buildings: 2
# of Rentals: 8
Zoning: RM8
1st Type: Bed & Breakfast
2nd Type: Hotel/Motel
Short Term Rental Allowed & Signage
2 Story w/BSMT
Total sq. ft.: 5,599 (priced at $456 per sq. ft. furnished)
Land size: 0.6 acres
9 Beds and 9 Baths
Black Walnut Bed & Breakfast Inn located at 288 Montford Avenue in Asheville, North Carolina. They are proud members of the elite Select Registry Inns. Asheville, North Carolina is one of the most welcoming and vibrant cities in America. Visitors to Black Walnut Bed & Breakfast Inn stay in the historic Montford District.
Located on one of the most desirable streets in Asheville. The Black Walnut Bed and Breakfast Inn is considered to be a Small to Medium sized Inn. However, it could also be considered to be a large single family home.

PROPERTY FACTS

Price $2,550,000
Price Per Room $283,333
Sale Type Investment
Property Type Hospitality
Property Subtype Bed and Breakfast
Building Class C
Lot Size 0.60 AC
Building Size 6,918 SF
No. Rooms 9
No. Stories 2
Year Built 1899
Tenancy Single
Parking Ratio 1.3/1,000 SF
Corridor Interior

AMENITIES

  • High Speed Internet Access
  • Patio
  • Bed & Breakfast
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 2 $310.00 -
Guest Room 7 $260.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9649-03-1806-00000
Land Assessment
$91,900
Improvements Assessment
$1,559,300
Total Assessment
$1,651,200

ZONING

Zoning Code RM8 (Zoning RM8)
RM8 (Zoning RM8)
  • Listing ID: 30495242

  • Date on Market: 1/1/2024

  • Last Updated:

  • Address: 288 Montford Ave, Asheville, NC 28801

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