Flowertown Bed and Breakfast

Hospitality for Sale
Sale Pending/Contingent
Catylist Listing ID: 30185181
Property Subtypes: Bed & Breakfast, Inn
Status: Pending/Contingent
Number of Units: 2 Units
Building Size (RSF): 4,536 SF
Gross Building Area: See Agent
Gross Land Area: 0.76 Acres
Sale Price: $1,099,900
Unit Price: $549,950 Per Unit
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Flowertown Bed & Breakfast
Name of Establishment: Flowertown Bed & Breakfast
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: 10.0%
Last Updated: 10/10/2018

Overview / Comments

Flowertown Bed and Breakfast was built in 1889, and Innkeepers opened Flowertown B&B in April 1997 after 4 years of interior and exterior renovations.The two-story Southern Victorian house features four elegant guest rooms with queen sized beds, private baths, fireplaces, central heat and air conditioning. Two of the rooms feature daybeds to accommodate additional guests. Each room is equipped with wireless internet access and a Keurig coffeemaker and full bathroom. Each is artfully decorated with an elegant combination of French and Southern styles, and connects to a bright and spacious sitting parlor. There is a large Southern Porch on the front and back of the house overlooking the landscaped gardens, or stroll among the fountains, a bonsai garden or the water garden complete with Japanese Koi fish. There are many benches throughout the gardens for guests' enjoyment. There is a detached cottage that is a complete efficiency with a full kitchen and bathroom. There is also a wonderful greenhouse. Parking for guests is on the right side and the owner parks on the left. The owner's bedroom suite is downstairs with a full updated bathroom which makes bedroom # 5. The detached cottage makes bedroom # 6 which is also a full efficiency. This is a very beautiful property. The cottage is usually rented for several months at a time by one tenant for $1500 a month. Rent per room is on the other room are $165 a night however you could get more. Roof is a metal roof that was painted last year. The roof color is Charleston green. The main house is 4536 sq ft and the cottage is 609 sq ft. The house was built with beautiful hearty pine wood. Wonderful hearty pine wood ceilings and door accents are just gorgeous. Zoned R-1 in town of Summerville. Keplinger has rated Summerville, SC one of the top eight places to retire.

Attachments & Media

Additional Details

Nearest MSA: Charleston-North Charleston
County: Dorchester
Submarket/Township: 63 - Summerville/Ridgeville Area
Taxing Authority: Dorchester County
Tax ID/APN: 137-10-06-007
Zoning: OTHER
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Visibility: Excellent
Largest Nearby Street: S Main St
Traffic/Vehicle Count: 14,200
Highway Access: This property fronts S Main St and is just 15 minutes to Interstate I-26
Airports: Charleston International Airport,
Area Description: Historic Downtown Summerville, SC
Nearby Attractions: Several plantations are nearby, restaurants, shopping areas and malls, historic landmarks, Historic Downtown Charleston in only 30 minutes away as well as beaches.
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Excellent
Year Built: 1889
Year Renovated: 1993
Roof Type: Other
Construction/Siding: Wood Frame, Wood Siding
Average Occupancy Rate: 100
Exterior Description: Gorgeous Southern Victorian home with beautiful detailed wood designs around entire exterior.
Total Parking Spaces: 10
Parking Type: Other
Parking Description: Parking for clients on the right side of bed and breakfast and parking for owner on the left
Laundry: Laundromat Nearby
Heat Type: Natural Gas
Heat Source: Central, Heat Pump, Other
Air Conditioning: Package Unit, Other
Internet Access: Cable, Other
Interior Description: Each room has its own thermostat for air and Wi-Fi
Zoning Description: Zoned R-1 in town in town of Summerville. Allows home business. Town of Summerville just passed and ordinance requiring all bed & breakfasts be owner occupied at all times.
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee simple
Legal Description: 137-10-06-007

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,117 65,557 119,191
Median Age: 43.17 36.13 34.69
Households: 2,416 24,682 43,965


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