1185 State Highway H Hermann, MO 65041
- Hospitality properties
- 5.30 lot acres
Current Use by Public Records
- The Cottage / Bed & Breakfast / Event Venue
Property Details for 1185 State Highway H
- Lot size
- 5.30 lot acres
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
This exceptional turnkey hospitality business in Hermann, Missouri's scenic wine country, presents a rare investment opportunity. The property boasts three uniquely designed luxury treehouses, each with stunning views, queen-sized beds, private bathrooms, and kitchenettes. A charming cabin offers additional mobility-friendly lodging with a three-person jetted tub. The main building, a beautifully restored 1940s home, includes a commercial kitchen, a cozy common area seating up to 48 guests (indoor and outdoor), and an additional guest studio apartment. This established business enjoys a strong online presence, high occupancy rates, and excellent reviews, generating a four-year average annual gross income of $230,000. Situated on 5.3 acres, the property offers ample space for potential expansion. Its prime location, just 15 minutes south of I-70 and near Hermann's historic downtown, ensures consistent visitor traffic. The property's unique appeal and strong financial performance, with a potential 9% cap rate, make it an ideal investment for those seeking a high-performing, distinctive asset in the booming experiential travel market. The property is offered at $1,830,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hermann
- County
- Gasconade
- State
- Missouri
- Longitude
- -91.4325
- Latitude
- 38.6903