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34 Upper Spring Hill Rd
6 Room Bed and Breakfast Newfane, VT 05345 $2,764,066 CAD ($460,678 CAD/Room) 8.47% Cap Rate
Investment Highlights
- Located within a few hours drive of the Boston, NYC and Montreal metro areas
- Separate massage studio that provides additional revenue
- Beautifully wooded trails for hiking and cross country skiing; swimming ponds
Executive Summary
Property Facts
| Price | $2,764,066 CAD | Lot Size | 25.00 AC |
| Price Per Room | $460,678 CAD | Building Size | 3,800 SF |
| Sale Type | Investment | No. Rooms | 6 |
| Cap Rate | 8.47% | No. Stories | 2 |
| Sale Conditions | Business Value Included | Year Built | 1996 |
| Property Type | Hospitality | Parking Ratio | 3.16/1,000 SF |
| Property Subtype | Bed and Breakfast | Corridor | Interior |
| Building Class | B |
| Price | $2,764,066 CAD |
| Price Per Room | $460,678 CAD |
| Sale Type | Investment |
| Cap Rate | 8.47% |
| Sale Conditions | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | B |
| Lot Size | 25.00 AC |
| Building Size | 3,800 SF |
| No. Rooms | 6 |
| No. Stories | 2 |
| Year Built | 1996 |
| Parking Ratio | 3.16/1,000 SF |
| Corridor | Interior |
Amenities
- Fitness Center
- High Speed Internet Access
- Patio
- Bed & Breakfast
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
About 34 Upper Spring Hill Rd , Newfane, VT 05345
Located on 25 wooded acres, the property comprises of three buildings. Main building has 2 sleeping rooms, one suite. Main building has breakfast and dining area for all guests. Carriage House building has a full luxury suite, two car garage/event center and small 1 bedroom, bath owner's quarters. The third building is an attractive seasonal cottage.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $496.11 CAD | - |
| Guest Room | 4 | $389.80 CAD | - |
PROPERTY TAXES
| Parcel Number | 429-134-10550 | Improvements Assessment | $678,166 CAD |
| Land Assessment | $210,257 CAD | Total Assessment | $888,423 CAD |
PROPERTY TAXES
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34 Upper Spring Hill Rd
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