Boutique Hotel Inn  •  $5,500,000

Location: Carmel
Seller: Michael Russell
Phone: 831-625-5581

Business Summary
One Of The Most Romantic Boutique Hotels In Carmel–by-The-Sea, This Inn Is Nestled In The Heart Of The Village, In The Midst Of Carmel's Finest Restaurants, Unique Shops And Well-Known Art Galleries.

It Enjoys One Of The Highest Historical Occupancy Rates Of Any Comparable Hospitality Property In The State. Even In The Economic Downturn, It Has Respectable Occupancies For The Past Three Years- 2008/69.1%, 2007/83.2%, And 2006/89.7% And Has Had An Average Annual Revenue Of Over 775,000 During That Period. It Recently Enjoyed An Upgrade Of Over 100,000.

This Charming Brick, Half-Timbered English Tudor Country Inn/Bed And Breakfast Is A Delightful Experience. It Begins As A Guest Walks Up To The Front Steps To Enter An Atmosphere That Seems Almost Magical. An Ancient Oak Dominates Its Courtyard And Cascading Waterfalls, Camellias, Rhododendrons, Hanging Plants; Ferns And Flowers Abound In Great Profusion. It Also Includes A Manager’s Apartment.
Seller Financing Is Available.

Parking For Nine Cars On The Lot Across The Street Included.