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    OFF-MARKET
    Hotels

    399 Depot St, Proctorsville, VT 05153-9708

    7,476 SF 4.78 ac lot Built 1784
    Entity Owned 13-yr Hold Free & Clear
    Property ID
    US89-0205188
    Property summary
    AI-generated overview

    This exceptional 8-key bed and breakfast, originally a 1788 stagecoach stop, presents a lucrative investment opportunity. Boasting 7,419 square feet on a 4.78-acre lot in Cavendish, Vermont, this meticulously maintained property offers a blend of historic charm and modern amenities. The main inn features 6 guest rooms and 2 suites, all with private baths, including one ADA-accessible room. Common areas include a solarium, dining room, living room with a propane fireplace, a large commercial kitchen, and laundry facilities. A separate, luxurious owner's quarters, added in 2010, comprises four bedrooms and two baths across two levels, plus a two-car garage. Extensive renovations were completed in 2010. The property benefits from a prime location near Okemo Mountain Resort and participates in a successful inn-to-inn walking tour, boosting occupancy. Additional features include ample parking, fruit trees, gardens, and a picturesque setting with a stream and access to Proctor-Piper State Forest. The property's strong financial performance is highlighted by a $1,595,000 asking price, a 10.21% cap rate, and a net operating income (NOI) of $162,794. The inn also features on-site livestock including sheep, chickens, and bees, providing fresh eggs and honey. The property is offered as an LLC. Financial details are available upon execution of a confidentiality agreement and completion of a brief questionnaire.

    Property profile
    Verified
    Property type Hotels
    Use group HOTEL-RESORT
    Year built 1784
    Total area 7,476 SF
    Lot 4.78 ac (208,217 SF)
    APN (041) 1V20-095
    UPID US89-0205188
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    GOLDEN INN VT LLC
    GOLDEN INN VT LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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