Bed and Breakfasts for
Sale at
Pinehurst, NC
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North Carolina B&Bs
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PO Box 266
Brasstown, NC 28902
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Magnolia Inn
Location: Magnolia
and Chinquapin Rd
Pinehurst, NC 28374
Contact: Kay E Beran
Prudential Gouger O'neal
& Saunders Realty
105 W Illinois Ave.
Southern Pines, NC 28387
Contact Telephone: (910)
692-2635
Contact Telephone: (800)
672-2228
Contact Fax: (910)
692-9793
Contact Email: beran@prudentialpinehurst.com
URL: http://www.kayberan.com/magnolia.html
Owner(s): Ned and
Jan Darby
Business Established:
1991
Affiliation: n/a
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Description: Pinehurst,
NC - Home of the world famous Pinehurst Resort and site of the US Open
2005 on Pinehurst #2 Golf Course. Historic Magnolia Inn located in the
center of Village of Pinehurst with 11 Bedrooms/Restaurant/Pub & Golf
Package businesses. More than a B & B, The Magnolia Inn is the
centerpiece of the Village with an established business and serious potential
for more revenue opportunities. Fully furnished in period pieces.
This turn of the century building, built in 1985, has a large, wraparound
porch for outside dining and a picturesque pool off the pub area for additional
outside dining and events. Great for private parties, weddings and
family reunions. Unique opportunity to purchase this property with 2005
US Open bookings in place.
Site: Located on the
corner of Magnolia Road and Chinquapin Road, two blocks from the Pinehurst
Hotel and in the center of the business district of Pinehurst with .457
acres. Site provides for a circular drive to front of Inn, front gardens,
rear and side off-street parking and a fenced patio/pool area. Less than
1 mile from the Pinehurst CC facilities and world-famous Pinehurst #2 GC.
Surrounded by quaint residences and shopping.
Structure: Three-story,
Victorian-style building with clapboard siding. On Historic Registry therefore
exterior details and construction must be preserved. Large wraparound
porch on first level and additional porches for upper level. 75 seat
dining room. Hardwood floors, working fireplaces, center staircase with
access to upper levels, basement for storage and full kitchen on main level.
Wood shingle roof. Excellent condition.
Offering: The Magnolia
Inn is offered for sale complete with building, furnishings and business
for $2,250,000. Business is secured for the 2005 US Open - all rooms rented,
private facilities booked plus additional opportunities for revenue open
for Pub and Restaurant - great income for new owners.
For operations and revenue
details owners require a letter of confidentiality and financial qualification.
See www.TheMagnoliaInn.com
for room rates, package information and facility information.
Financial information:
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Occupancy: n/a
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Average daily rate (ADR): n/a
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Income from room sales: n/a
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Property Taxes: n/a
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Personal Property Taxes: n/a
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Electricity: n/a
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Water and Sewer: n/a
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Natural Gas: n/a
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Insurance: n/a
Total Major Utilities, Taxes,
& Insurance: n/a |
Special Note:
n/a
Contacting the
Property: BB-4-Sale.com does not act as a broker or agent for these
properties.
We do not maintain any additional
information other than what is contained in the listing.
For additional information,
please call the contact person or owner(s).
©2000, 2001, 2002,
2003, 2004, 2005 BB-4-Sale.com-This information is believed to be correct,
but should not be relied
upon.
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