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Just a couple of miles from downtown Lexington, Virginia sits a marvelous hospitality property with great business and lifestyle potential.
The Cottages of Lexington is comprised of three upscale rustic cottages on a private, 39 acre parcel of land with stunning views of the Alleghenies.
Lexington is an historic town which is home to Washington and Lee University, Virginia Military Institute, and the Virginia Equestrian Center,
among other attractions, all set in a gorgeous corner of Virginia near the intersection of I-81 (N/S) and I-64 West. Each of the
three cottages is designed with guest comfort in mind. Two, which measure about 675 SF, are open great rooms with combined kitchen, living, and sleeping areas
with double whirlpool and separate full baths. The third cottage of about 750 SF has a living/dining/kitchen area, bedroom, bath, and separate double Jacuzzi room.
All three have front porches, private side or rear decks, are fully equipped, have wood burning fireplaces, telephones, satellite TV, and grills.
The property
is complemented by a spacious barn/garage with an overabundance of storage. The intent of the owners was to build their retirement home on a private
interior site with dramatic mountain views, but they are opting instead to leave that opportunity to a future owner.
Priced largely on asset value,
the Cottages of Lexington generate a solid revenue with minimal labor and overhead, allowing for free time to pursue other interests and a high margin lodging
income from the three cottages. $775,000. Contact
Peter Scherman for details.
Photos by Peter Scherman, Glendower Photography.
Click on thumbnails for larger image.
Cottage 1
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Cottage 1
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Cottage 1
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Cottage 2
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Cottage 2
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Cottage 2
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Cottage 2
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Cottage 3
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Cottage 3
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Cottage 3
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The Innkeeper's Resource™
The B&B Team, Inc.
Inn Consultants and Brokers Since 1993
With Offices in Virginia and Maine
PETER
SCHERMAN ~
P.O. Box 399 ~ Scottsville, VA
24590 ~ 434-286-4600
~ bbteam@bbteam.com
RICK WOLF ~
35 Western Avenue ~ Kennebunk,
ME 04043 ~ 207-967-1995
~ rick@bbteam.com
www.bbteam.com
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