Historic Inn at Woodhaven - St. Matthews Bed & Breakfast
Hospitality
for Sale
Also listed as Special Purpose, Multi-Family
| Catylist Listing ID: |
30393614 |
| Property Subtypes: |
Bed & Breakfast, Inn, Other
|
| Number of Units: |
8 Units |
| Building Size (RSF): |
8,292 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.47 Acres
|
| Sale Price: |
$1,250,000 |
| Unit Price: |
$156,250 Per Unit |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Name of Establishment: |
Inn at Woodhaven |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
9.55% |
| Last Updated: |
3/19/2020 |
Overview / Comments
The Inn at Woodhaven is a historic bed & breakfast located in St. Matthews for over 25 years. Originally built in 1853, it has been featured in numerous magazines and historical publications. The Inn at Woodhaven has been a successful B&B – distinguished as one of the finest and arguably most profitable in Kentucky. The rich history and calming atmosphere with spacious suites draw many local repeat guests. Business travelers appreciate fast wireless internet and numerous amenities not found in run-of-the-mill hotels.
The grounds offer three separate buildings comprising 8 bedrooms (not including Innkeeper bedroom) and 9 updated bathrooms with whirlpool tubs. Architecture is best described as Gothic Revival with 12 foot tall arched doors on the main level. As a B&B, a liquor license is available (approx $2,000 license fee) which would further increase profitability with vicinity to the Bourbon Trail. Price includes a majority of furnishings, inquire for further details.
Property could be converted into multi-family apartments and/or made strictly Airbnb.
|
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Jefferson |
| Tax ID/APN: |
225700300000 |
| Zoning: |
R-7 - Residential Multi-Family District |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation |
| Property Visibility: |
Good |
| Total Number of Buildings: |
3 |
| Property Condition: |
Excellent |
| Year Built: |
1853 |
| Year Renovated: |
1998 |
| Roof Type: |
Arched |
| Average Occupancy Rate: |
80 |
| Zoning Description: |
R-7 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
14,763 |
118,073 |
274,960 |
| Median Age: |
38.81 |
41.17 |
40.43 |
| Households: |
7,302 |
54,014 |
122,198 |
|
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The information presented herein is provided as is, without warranty of any kind.
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