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Financial Information

Asking Price: $225,000.00
Terms: Cash, Conventional Mortgage
Occupancy Rate: 85% Summer / 38% Winter
Revenue/Year: Available to Serious Buyers
Average Daily Rate: $98.00 for 2008 / Summer $115.00
Links

Inn's Website Link
Realtor's Website Link
Property Information

Number of Guest Rooms:2 Private Bath, 1 currently shares bath with Innkeepers, new Lady Americana luxury pillowtop mattress sets
Number of Guest Room Baths:Two Private, One Shared Hall Bath
Property Address:
7296 S. M-88 Hwy Between two main entrances to Shanty Creek Resort
Property Status:
Currently is a B&B
Owners' Quarters: Yes Bedroom Upstairs, living quarters main level off kitchen
Year Built: 1908 Estimated
Year of last renovation: Ongoing! New entry doors, upstairs windows, porch, appliances, parking area, recently remodeled kitchen
Years run as B&B:Opened Memorial Weekend 2003
Square Footage: 2,200 Not Including unfinished Basement laundry and storage
Acreage: 2.50 Nicely Landscaped, Century old lilacs and maples
Restaurant: No
Natl. Register of Historic Places: No
Point at the Point at question marks above for more details. marks above for more details.
Contact Information

Jim Richardson
Coldwell Banker Schmidt Realtors
114 S. Division,
Bellaire, MI 49615
Email - JimRichard@coldwellbanker.com
(231) 533-8641 - Phone #
(231) 533-8641 - Office #
(231) 645-1979 - Cell #
(231) 533-8011 - Fax #

Listing Type - Realtor
BBOnline.com is not a broker or agent for this property. All of the information displayed has been provided by the owner/innkeeper/realtor.
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Applesauce Inn B&B - Bellaire MI

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Applesauce Inn B&B
Bellaire MI

Six year old Inn in on 2.5 acres in great Northwest Michigan location less than 1/2 an hour to Traverse City. Beautifully restored, great reputation and priced to sell. You snooze, you lose!
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Applesauce Inn B&B - Bellaire MI

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Highly successful and popular 3 or 4 room Northern Michigan B&B on 2.5 acres in highly visible location near Torch Lake, Ski Resorts, Traverse City and Charlevoix.  Charming decor with original hardwood floors and trim, many original fixtures and mix of new and antique furnishings.

Substantial improvements include new entry doors, new upstairs windows, new appliances, new wraparound porch, recently remodeled kitchen and Innkeepers living area.  Six year old Inn has been smartly marketed with a highly ranked and easy to maintain website, loyal repeat guests, great name recognition, reputation and online reviews; members of the Traverse City Convention & Visitors Bureau and seen on expedia, hotels.com and travelocity.  Private Innkeepers living room/office off extremely large country kitchen with massive center island and built-ins.  Plenty of room for expansion, any number of options for additional Innkeepers space or more revenue.

Nearly all fixtures and furnishings are negotiable for purchase, right down to the dishes, towels and cookbook.  First time the Inn has been on the market and it's priced to sell quickly, leaving financial room for personalization and expansion.  

This Inn pays it's own bills and is easy for one person to run.  You couldn't start this Inn from scratch for this price in this location; you benefit from our hard work.

Listed for $225,000


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