• 180 CRESTMONT DRIVE, EAGLES MERE, Pennsylvania, 17731

  • $899,000
Bed & Breakfast with full service restaurant and bar is now for sale in historic Eagles Mere, Pennsylvania. Newly renovated, the Crestmont Inn has 15 guest rooms, 19 bathrooms, owners' quarters, a full service restaurant & bar, which has been serving its guests and local community for over 30 years. The Crestmont Inn is open year round and is a great investment for entrepreneurs as well as those interested in converting the inn to a personal estate. Annual revenues have increased drastically since the new owners took over operations in 2011. In 2014-2016, annual revenues were approximately 600,000 and have the potential to increase with the inn, restaurant and bar area having been newly renovated in 2015. All fixtures, furniture, inventory, and business names are included in the sales price (excluding the consigned art in the main dining area). Property also includes an on-site generator worth nearly six figures and a large water-tower which has drawn interest from national cellular companies for leasing options. Property also comes with free Comcast? service. With plenty of undeveloped land included in this 4.7 acre property, great growth and expansion is possible. CAP rate over 15! LIQUOR LICENCE INCLUDED WITH SALE!!!!!
$899,000
(215) 627 - 6005
180 CRESTMONT DRIVE
EAGLES MERE
Pennsylvania
17731
17
9
6
OTHER
Residential
SatelliteDsh
N
14,400sq.ft.
N/A X N/A
19
30Years
$15,535
PostedAugust 07, 2017