Giles County Virginia B&B for Sale
There are very few hospitality properties that feel as connected to the natural world as Virginia’s Inn at Riverbend, a Giles County Virginia B&B for sale. The Inn is at the heart of active Giles County, Virginia’s Mountain Playground, an outdoor destination that provides guests and owners direct access to the New River and the Appalachian Mountains. Other guests might choose the Inn as a site for intimate weddings or events, with the sprawling multi-level deck and regenerating river and mountain views as their backdrop. Relaxation and wellness are woven into the very fibers of the Inn’s purpose-built facility and extend to all who experience this special and very marketable brand of hospitality.
Truly, Inn at Riverbend seems to have all the features future Innkeepers and guests desire. Starting with the facility, we can tell you the Inn at Riverbend was purpose-built in 2003. All systems are modern and efficient. The seven guest rooms are spacious, attractive, and well furnished. All take advantage of the setting to provide views of the mountains and the New River. The kitchen, laundry, storage, and maintenance spaces are well planned and functional. Public areas are both spacious and well-appointed. Unlike many B&B’s the guests make full use of the common areas. A separate, but adjacent owners’ home provides icing on the cake for new owners.
The purpose-built Giles County Virginia B&B leaves nothing for new owners to desire. Highlights include:
- 7 superior guestrooms all with mountain and river views
- All rooms with access to expansive decks and whirlpool tubs/shower or soaking tub/shower combinations
- 2-bedroom owners’ home with office, open plan living room/kitchen, private deck, and a two-bay garage. Bedrooms are spacious (14’ x 16’)
- Inn and owner’s cottage purpose-built in 2003
- 5 +/- acres
- Solid revenue history and profitability with 10.7% Cap Rate in 2020!
- Member of Select Registry: Distinguished Inns of North America
- Idyllic country setting draws from Washington, DC, metro area, Roanoke, Virginia, Raleigh, North Carolina, and beyond
The success of the Inn at Riverbend is tied to its superior physical plant, which includes a separate owner’s cottage.
The Inn at Riverbend has 7 superior rooms. All have spa or soaking tubs and high-quality appointments. Public areas are extensive, consisting of two large meeting rooms. One is on the main floor and provides space for guests to gather as well as serving as the dining room of the Inn. A wrap-around porch is accessible from the rooms and provides outstanding views from every room. An attractive kitchen provides for functions and occasional dinners. (Virginia does not require Inn’s to have a fully commercial kitchen if they are serving 18 guests or fewer.)
Perhaps the premier feature of the Inn at Riverbend for future Innkeepers is a separate owner residence. While just yards from the Inn and connected by a walkway, it is situated to provide maximum privacy for the Innkeepers. This special treat has two bedrooms, a small kitchen and living area, office space for uninterrupted administrative duties, and a two-bay garage.
The Inn’s destination location in Virginia’s Mountain Playground is reachable and highly active.
The Inn at Riverbend enjoys a reachable location just off Route 460 between Blacksburg, Virginia, and Interstate 81, and Princeton, West Virginia, along Interstate 77. Roanoke Airport is less than an hour away. The Inn is within easy driving distance of several metro areas. Primary feeder markets include Washington, DC metro area, Virginia Beach, Roanoke, and Raleigh, North Carolina.
Opportunity exists in the expansion of the Inn’s wellness programs, hosting intimate weddings and events, and the possibility of adding an additional guest unit to the property which will have an immediate positive impact on the Inn’s top and bottom line.
We are proud to present this special Giles County Virginia B&B for sale at $1,545,000.00.
FMI: Eben Viens, 802-380-7312