Property profile

399 Depot St Proctorsville, VT 05153

OFF-MARKET
Hotels
Property ID
US89-0205188
7,476 SF 4.78 ac lot Built 1784
Entity Owned 13-yr Hold Free & Clear
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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

Location

399 Depot St Proctorsville, VT 05153-9708
Proctorsville metro Census 966200 LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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