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Black Walnut B&B Inn Is Under Contract 288 Montford Ave

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

Executive Summary

***Update: The Black Walnut is under contract, so we are no longer sending financials or setting up tours of the property. If the status changes, we will notify you immediately. Thank you for your interest.***

Property Facts Under Contract

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 1895
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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