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29171770
29171772

102 Patriot Lane, Butler, PA 16001

Berkshire Hathaway HomeServices The Preferred Realty Butler
Listed by Berkshire Hathaway HomeServices The Preferred Realty Butler
$750,000
151 days on market
Updated 51 days ago

The Inn at Mt. Chestnut B&B

Details
Property Type Hospitality, Land (+2)
Sub Type Hotel, Residential
Square Footage 4,146
Units 9
Beds 9
Cap Rate 9.93%
NOI $74,457
Occupancy 33%
Tenancy Multi
Price per SqFt $181
Year Built 2001
Buildings 1
Stories 4
Acreage 10.490
Zoning Residential
Investment Type Owner/User

Hospitality | 9.93% CAP

Marketing description

Here’s your opportunity to own your own beautiful Bed and Breakfast in western Pennsylvania. Step into timeless charm with this stunning Colonial property nestled on 10 wooded acres featuring 8 spacious bedrooms, each with its own en-suite bath. This property blends historic charm with modern comfort. Each bedroom is warm and inviting, providing comfort and privacy for guests. The smartly designed layout allows for separation of the living quarters from the guest areas for privacy and security. The gorgeous kitchen offers abundant, solid cabinetry and generous counter space with bar seating. A cozy living room or dining space with gas fireplace overlooks kitchen and access to backyard. A formal dining room and additional family room on main level. First floor primary bedroom with exotic flooring has double closets, jet tub and sliding doors to outside. Laundry on 1st and 2nd floor. The grounds offer a welcoming setting with room to relax outdoors or privacy and wooded trails. Whether you’re seeking a turn-key business opportunity or a residence with abundant space, this property delivers charm, versatility, and endless potential.

Investment highlights

Financial information is estimated:

The last operational year saw highly variable occupancy depending on season and events, averaging near 33% with room rates of $89 plus tax for regular rooms and $129 plus tax for suites.

Property Taxes $6983

NOI based on estimated insurance and utility costs.

Listing Contacts

Berkshire Hathaway HomeServices The Preferred Realty Butler
Listed by Berkshire Hathaway HomeServices The Preferred Realty Butler

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$74,457.00
$6,204.75/mo

Valuation Metrics

0
DSCR
9.93%
Cap Rate
9.93%
ROI

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Additional Information

Name
Amanda Shingleton
License
rs328714
Brokerage
Berkshire Hathaway Home Services
Brokerage Phone
7242821313
Brokerage Address
1629 North Main Street Extension
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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