Description
Turnkey Inn Investment in Thriving College Town " Harrisonburg, VA.Seize this rare opportunity to own a beautifully renovated, fully operational inn just 1.5 miles from downtown Harrisonburg. With seven rentable accommodations and an innkeepers apartment, this 9,456 sq. ft. property offers revenue and room for growth. Listing includes an historic Main House, 3 private cottages, a 3 car garage and a Special Use permit for continued hospitality operations. Property Highlights: Cap Rate: 5%"6%; 7 Rentable Units + Innkeepers Apartment + 3 Car Garage; Main House Reopened in May 2023 After Extensive Renovations; $185K+ in Upgrades Completed since 2023 " Fully refreshed & ready to go; Prime Location " Close to James Madison University, Bridgewater College, and Eastern Mennonite University; Business Legacy " 26 years as a successful, family-owned business; Turnkey yet customizable " make it your own and scale up!This is a fantastic investment opportunity for those looking to operate a thriving hospitality business in a vibrant college town. Whether you continue its legacy or bring your own vision, the hard work has been done " now it's time to capitalize on the growth.Inquire today for financials and a private tour. Owner/Agent
-
0BEDS
-
1.64ACRES
-
0BATHS
-
01/2 BATHS
School Information
Description
Turnkey Inn Investment in Thriving College Town " Harrisonburg, VA.Seize this rare opportunity to own a beautifully renovated, fully operational inn just 1.5 miles from downtown Harrisonburg. With seven rentable accommodations and an innkeepers apartment, this 9,456 sq. ft. property offers revenue and room for growth. Listing includes an historic Main House, 3 private cottages, a 3 car garage and a Special Use permit for continued hospitality operations. Property Highlights: Cap Rate: 5%"6%; 7 Rentable Units + Innkeepers Apartment + 3 Car Garage; Main House Reopened in May 2023 After Extensive Renovations; $185K+ in Upgrades Completed since 2023 " Fully refreshed & ready to go; Prime Location " Close to James Madison University, Bridgewater College, and Eastern Mennonite University; Business Legacy " 26 years as a successful, family-owned business; Turnkey yet customizable " make it your own and scale up!This is a fantastic investment opportunity for those looking to operate a thriving hospitality business in a vibrant college town. Whether you continue its legacy or bring your own vision, the hard work has been done " now it's time to capitalize on the growth.Inquire today for financials and a private tour. Owner/Agent
©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-05-24T21:55:10.987.