MLS Number 4954482
- Acreage 5.1
- Area Rural
Have you always wanted to be an Innkeeper? There are many advantages of owning a B&B or Country Inn. The main advantage: The owner lives there literally free! Nearly all expenses such as housing (mortgage, taxes, and insurance) are paid from revenue guests pay for the privilege of staying at your inn. Much of your vehicle and food expense are also covered. Some Innkeepers choose not to draw a salary for that reason. Sounds great and it is all true but it also includes the work of managing the inn. (After all, we all know there is no free lunch.) Innkeepers are jacks of all trades they are cooks, bookkeepers, marketing experts, travel agents, handyman, and almost always charming and much more. Finding the right location is one of the keys to success. The location of the Colonial House Inn and Motel, in Weston, Vermont is a slam dunk. Weston is the home of the Vermont Country Store which takes visitors back to a bygone era where you can get lost for days. Weston is also the home of the Weston Priory, and the Weston Theater Company. Its central location in the heart of the green mountains is also proximate to many well known ski areas. Okemo, Stratton, Bromley, and Magic are all a short drive. The location doesn't get much better than this. If it is your dream to live in spectacular surroundings and be your own boss, give it your best shot! If a mortgage will be required, you will need a 20% to 30% down payment and have good credit.
Listed by Dick Palmer of Hospitality Consultants,LLC
Est. Mortgage: $/month
Federal 30-year interest rate: 6.9% last updated on 2024-02-22
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.