Linwood Inn

Hospitality for Sale
Catylist Listing ID: 30183797
Property Subtypes: Bed & Breakfast
Number of Units: 5 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Sale Price: $1,650,000
Unit Price: $330,000 Per Unit
Property Use Type: Investment, Business
Building Name: Linwood Inn
Sale Terms: Cash to Seller
Cap Rate: 5.0%
Last Updated: 5/19/2018

Overview / Comments

Truly unique opportunity to own a quintessential Victorian estate consisting of a historically-significant 4740 sq.ft. main house with 3 guest suites, formal gardens, and 4 separate dependencies: a 441 sq.ft. guest apartment and 3 2-bedroom homes: the 1115 sq.ft. Bungalow, the 775 sq.ft. 1920s Cottage, and a 1425 sq.ft. Hay Barn. Also a pool and pool house surrounded by almost 2 acres of impeccably landscaped gardens and water features. Linwood Inn currently operates as the premier Summerville bed & breakfast, plus 4 longer-term rentals. The rental spaces come fully-furnished and appointed for a turnkey transition should you desire to continue the business. Current owners offer to stay on to advise. The property would make an ideal family home, Airbnb, or wedding and event rental space.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Dorchester
Submarket/Township: 63 - Summerville/Ridgeville Area
Tax ID/APN: 137-02-17-004
Zoning: OTHER
Year Built: 1883

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,325 48,759 113,272
Median Age: 42.88 36.84 34.98
Households: 2,527 18,444 42,026

Contact

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