- Strong In-Place Income: Current full occupancy generates approximately $8,600 per month, with additional upside potential from the unused event space.
- Flexible Layout: 9 total bedrooms offering multiple private and shared bath configurations:
- 3 units – 1 bed / 1 private bath
- 2 units – 1 bed / shared bath between
- 4 units – 1 bed sharing 1 full bath and 1 half bath
- High Average Household Income: Located in an area with an exceptional median household income of $122,000, the Candleberry Inn benefits from a demographic profile well above both state and national averages.
- Spacious Facility: Approximately ±7,000 square feet of total building area.
- Turnkey Operation: Fully furnished and currently operated as month-to-month rentals, providing immediate cash flow and flexibility for new ownership.
- Zoning: R-1 Residential, allowing for a variety of potential uses subject to local approval.
- Value-Add Potential: Opportunity to activate and monetize the on-site event space to enhance revenue.