Rosemont Inn Bed and Breakfast
Prime 8-key turnkey boutique hotel with strong historic charm and excellent growth potential.
Marketing description
The Rosemont Inn Bed and Breakfast was created from an Italianate Victorian brick mansion, originally built in 1860. It has been lovingly restored and converted into an 8 room B&B over the last 20 years. Each room has its own ensuite bath and unique, contemporary décor that is consistent with the overall style of the Inn.
All rental rooms are elegantly furnished, including king or queen beds, superb wifi connections, and all of the other amenities that today’s travelers expectrequire from luxury accommodations.
Property is in the city center of Utica, NY on the main artery of Genesee Street. It also features several common sitting areas and a bright, open breakfast room with a commercial style kitchen for breakfast service. All of these areas are also tastefully furnished and in harmony with this historic building and neighborhood.
Investment highlights
Owners have focused on restoring the business as well over the last several years as renovations have been completed. Occupancy and ADR have increased to a sustainable, profitable level, but there is still room to grow, particularly with the addition of weddings and/or other events. Financials available on request, after execution of an NDA.
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