Brian Etheridge - Commercial Real Estate Showcase

Brian Etheridge Property Listings
Carolina Mountain Sales
1550 Hendersonville Rd
Suite 210
Asheville, NC 28803


DetailMap
235 Pearson Drive - Wright Inn & Carriage House

Asheville, NC 28801 - Central Asheville Submarket


Property Type:Hospitality Number of Rooms:11 Status:Existing Year Built:1899
Stories:3 Building Size:6,000 SF Land Area:1.04 AC (45,302 SF)
For Sale Price:$2,350,000 Price/Room:$213,636 Cap Rate:-

Parking:-


The Wright Inn and Carriage House, listed on the National Register of Historic Places, and located in Asheville’s extremely sought after Montford Historic District. The inn, which is a fine example of Asheville’s architectural past, features ten guest rooms on four floors; the quaint Carriage House offers three bedrooms. The property is situated on a well landscaped corner acre lot in a district filled with tree-lined streets, wonderful homes and is only a few blocks from Asheville’s thriving, eclectic downtown.

The Wright Inn has all the “Wright Stuff” to continue to post terrific revenue and occupancy figures and the business still has room to grow. The Biltmore Estate, Blue Ridge Parkway and Chimney Rock Park are just a few of the area attractions that make this inn a very desirable, destination property. Current owners have gone to great lengths to strengthen the future of the inn by improving the web site, increasing on-line room sales and maintaining the entire property in a pristine manner.

This is indeed a terrific opportunity to own a strong revenue producing inn, a lovely part of Asheville’s past and a rewarding investment for the future. The Wright Inn and Carriage House, being sold “Completely Turn-key,” is offered at $2,450,000. Please email or phone for more detailed information about this wonderful property. Please visit the inn’s web site at www.wrightinn.com.

The Inn offers comfortable living quarters, accessible from the Garden level or offered, for sale separately, is the owner’s personal, renovated residence located next to the inn.

Sale Notes:
The 1899 Wright Inn is a turn of the century, historic 11BR/11BA established B&B in the historic Montford district in downtown Asheville. The property encompasses a caretakers quarters, separate 3BR/2BA/1055SF carriage house & separate 3BR/1.5BA/1890SF owners residence all located on over an acre of award-winning, pristine, park-like grounds. Over 500, 5-star reviews on TripAdvisor. Property receives special tax exemptions.

Carolina Mountain Sales
Brian Etheridge
(828) 277-5551




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