Rose House Inn


Fayette, AL   Offered for sale at $599,000
 

Rose House Inn is listed on the National Register of Historic places. The main inn has 6 guest rooms, each tastefully decorated with beautiful antiques. Each room has a private bath (rooms 5&6 share a bath). The cottage has 4 bedrooms, each with a private bath. The two homes are nestled on a 4 acre lot located in downtown Fayette. The inn is within walking distance to local shopping, restaurants, post office, library, civic center, Fayette Elementary, and Fayette Middle School. Local churches are also nearly. This is a small rural town that is friendly and safe. Cost of living is very reasonable. Clientele is mostly from small industry, family events, wedding guests, etc. The inn has been in operation for almost 30 years. The innkeeper is ready to retire. The inn comes turnkey - ready for guests! There is a lower level that can be used as an owner suite. It has a private bath and laundry area. Due to other obligations, the owner is not maximizing income - the rooms are often blocked off to allow the owner to fulfill the other obligations. Therefore, income could be greatly improved with someone who could dedicate more time to the property. Providing a continental breakfast is the current food service option. A warm breakfast would surely be a plus! Business is good but could be great! Someone who would work hard to promote the property and hold events could certainly increase income.
The two buildings have new roofs so there is no need to worry about that! New upper level HVAC units in both buildings. If you are looking for a good way to work from home, this is it! Contact us for more information or questions. Potential owner financing is an option with a substantial down payment. Only serious inquiries please!



Property Details
  • 9 Guest Rooms
  • 8 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1898
  • Last Renovated in 1994
  • Opened in 1994
  • Building is 5,000 SQFT
  • Lot is 4.1 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $599,000
  • Occupancy Rate: 30%
  • Average Daily Rate: 89
  • Annual revenue is $95,000
  • Terms: Possible owner financing with at least a 20% down payment.
Contact Information