This Historic Property has been a Bed & Breakfast for the past 20 years. Can use Residential financing to purchase Real Estate as Primary Residence and purchase turn key business seperately or use Commercial financing to purchase business with Real Estate. There is an assumable VA loan at 5%… Read More available if needed. Cash works too since the ROI is over 8% not to mention tax benefits of the business on your other income sources... Perfect property for soon to be retiring couple to develop new Work/Live lifestyle in a small town atmosphere. This is a magical property now at 140 years of age and maturing quite nicely. The property has been well taken care of and it shows! See more with the pics here and the video tour! Contact Listing agent for questions, to submit an offer and arrange for subsequent showing, etc. Read Less
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Gross Income: $50,000, Income Includes: "Rent Only", Net Operating Income: $26,000
Miscellaneous
Business Description: Housed in a Victorian Mansion built in 1886 that sits on a acre of 100% useable land. Property is 140 years old this year and is perfect for a owner/operator couple that wants to change their lifestyle and be a part of small town living in Florence, Colorado. Carriage house has been updated and can be used for events of 50 or less immediately. The home is full of antiques and is staged beautifully. Business was rebranded 3 years ago and comes with new website, pictures, videos & entire home full of antique furniture. The home has been well cared for and all systems are operating efficiently!, Business Name: The Red Rosebud Bed & Breakfast, Business Price Includes: Furniture, Fixtures & Equipment, Support & Training, Business Type: "Bed & Breakfast", 2 part time employees
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