Sugarberry Inn Fredericksburg TX B&B For Sale
SOLD!! But don’t worry you can search for other Short Term Rentals for sale in Fredericksburg here!
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Price: $3,579,000
Address: 201 N Llano St
City: Fredericksburg TX 78624
Lot size: 0.877+/- acre
Bedrooms: 13
Baths: 13.5
Square feet: 7,233
Year Built: 2014
SUGARBERRY INN offers visitors a peaceful retreat right in the heart of downtown Fredericksburg! This established upscale B&B property is an unparalleled turn-key opportunity for anyone looking to get into the short term rental business in a serious way. Located just one block north of Main Street puts you close to shopping, dining and wine tours. This lot boasts a total of 12 units and includes 10 units built in 2014 and designed by the award winning architectural firm, Mustard Design. The additional 2 units are charming suites housed in the remodeled historic home with cellar below. Currently, the cellar is a gathering place for guest to enjoy coffee, tea or breakfast. No two cottages are alike, with each featuring very unique decor and high-end linens. Each room offers a private entrance, king size bed, coffee bar, gas fireplace, claw foot or jetted tubs, and walk in showers. Downstairs units also include private outdoor showers creating a unique experience that keeps repeat guests coming back for more! A separate office building in the historic carriage house is a welcoming spot for guest to check in and offers its own “owner’s quarters” above.
OUTSIDE: Positioned within walking distance to Main Street makes this an attractive spot for visitors to Fredericksburg. However, what really sets it apart is the peaceful tiny village feel you get while you’re on the property. Native Texas landscaping, walking paths and seating areas are nestled amongst the structures to give guest a park like setting to relax in. The outdoor fireplace is a great place for intimate weddings and other groups events while overlooking town creek below. Everyone knows parking in Fredericksburg on weekends can be a challenge. Guests love the dedicated off street parking (one space for each unit) and there is even a Tesla charging station on site!
THE BUSINESS: Pride of ownership shows from the meticulously maintained property to the impressive bookings and revenue. Just to name a few of the many achievements of Sugarberry: Ranked #3 out of 82 B&B’s listed on Trip Advisor since inception, Excellent rating on every social media review site, Featured in Cottages & Bungalows magazine, San Antonio Magazine & Austin-San Antonio Urban Home magazine, Southern Living and more…, and has a 98 out of 100 walkability rating on Trip Advisor. Year over year occupancy and revenue has continued to increase making this a very viable business model with attractive CAP rate for the savvy investor. Following the evolving businesses model of STR’s Sugarberry is moving to electronic room locks in 2020 cutting back on the need for front desk help and streamlining efficiency. The Historic 2 unit suite which is located on the corner of East Austin Street and North Llano Street is also zoned commercial meaning it could easily be converted to another use. With its charming cellar, this part of the property could be used for retail, a small restaurant or even a wine bar which could be an added attraction for guests.
Sugarberry Inn Fredericksburg TX B&B For Sale
Do you have questions about 201 N Llano St, Fredericksburg, TX? If so feel free to contact me with any questions and I will be happy to help. Email me at mike@mikestarks.com or call with any questions.
Office (830) 990-8708
Cell (830) 456-3532
You can also Search for Commercial Real Estate for sale in Fredericksburg or Fredericksburg B&B’s for sale.
