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Cinnamon Ridge Bed And Breakfast 799 Whitthorne St

4 Room Bed and Breakfast Shelbyville, TN 37160 $1,097,064 CAD ($274,266 CAD/Room)

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Investment Highlights

3 BLOCKS from Celebration Equine & Events Center & COOPER STEEL ARENA! Year around events within easy walking distance!
CONVENIENT to MURFREESBORO, NASHVILLE, BELL BUCKLE, FRANKLIN, TIMS FORD LAKE, & MORE!

15-20 minutes from JACK DANIELS, GEORGE DICKLE DISTILLERIES!! 5-7 MINUTES to NEAREST GREEN DISTILLERY!
OLD TIME CHARM with small town QUIET!!

Executive Summary

June 2024 $805,000 FHA APPRAISAL in file! OVERR 5500 SQ FT with HOME & 2 APTS! THE HISTORIC CINNAMON RIDGE BED & BREAKFAST on 1.7 ACRES has OPERATED for MANY YEARS with a total of 7 BEDROOMS & 7 & 1/2 BATHS!! The BEAUTIFUL 5 bedroom, 5 1/2 bath COLONIAL STYLE HOME with gorgeous HARDWOOD FLOORS & MAHOGANY staircase features a MASTER SUITE with full bath & PRIVATE DEN with fireplace on the Main Level. 4 Bedrooms EACH with it's own en suite NEWLY REMODELED full bath up! Main Level also includes a Formal Living Room, Formal Dining Room, country kitchen with breakfast area, huge 28x16 SUN ROOM for entertaining & overlooks the Patio & courtyard with FOUNTAIN, COVERED FRONT PORCH, & COVERED REAR DECK!! A detached 2 story GUEST COTTAGE with bedroom, bath w/laundry, kitchen & living room APT down, & Efficiency APT Up with bedroom/living/bath! Detached 3 car garage. NEW PRIVACY FENCE & newly paved parking area! IMCOME PRODUCING with both B&B rooms & rental apartments!

RF 302 Confirmation of Agency Status (20)

RF 209 Lead-Based Paint Disclosure (8)

RF 201 Tennessee Residential Property Condition Disclosure (8)

Property Facts Under Contract

Price	$1,097,064 CAD	Building Size	4,462 SF
Price Per Room	$274,266 CAD	No. Rooms	4
Sale Type	Investment	No. Stories	2
Property Type	Hospitality	Year Built/Renovated	1927/2015
Property Subtype	Bed and Breakfast	Parking Ratio	2.69/1,000 SF
Building Class	B	Corridor	Interior
Lot Size	1.70 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,097,064 CAD
Price Per Room	$274,266 CAD
Sale Type	Investment
Property Type	Hospitality
Property Subtype	Bed and Breakfast
Building Class	B
Lot Size	1.70 AC
Building Size	4,462 SF
No. Rooms	4
No. Stories	2
Year Built/Renovated	1927/2015
Parking Ratio	2.69/1,000 SF
Corridor	Interior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.