Steeles Tavern Manor Bed and Breakfast
Steeles Tavern, VA
Offered for sale at $3,300,000
The 5 guest units in the Manor operate like traditional bed and breakfast rooms, with breakfast prepared every morning for all guests. Optionally, guests in the 5 cabins can have breakfast delivery to the front porch as (for a fee, of course!) All guest accommodations can also use the common areas, which include a seasonal pool, multiple gathering areas (indoors and out), and walking trails along a creek pond. All of the cabins also have their own private outdoor hot tubs. Cabins and Manor share a property management system, but have cross-linked websites and marketing tools.
Spa services are also available on-site, delivered in a purpose-built couples treatment room.
Additional packages and up-sale items are also available to enhance revenue. 30 acres are currently being leased for agricultural use, but expansion possibilities abound on 50 acres of forests and fields.
Significant cash flow makes this well managed property profitable as an investment. Detailed financial information is available on request. NDA is required.
Property Details- 10 Guest Rooms
- 10 Guest Room Baths
- Has Owner's Quarters
- Built in 1916
- Last Renovated in 2021
- Opened in 2000
- Building is 8,900 SQFT
- Lot is 51 Acres
- Photo Gallery
- Property Website
Financial Details- Offered for sale at $3,300,000
- Occupancy Rate: 57%
- Average Daily Rate: 280
- Annual revenue is $662,000
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