1802 House Bed and Breakfast Inn 15 Locke St 6 Room Bed and Breakfast Kennebunkport, ME 04046 $2,350,000 ($391,667/Room) 11.91% Cap Rate

Location, location, location! Kennebunkport is one of New England's most stunning and consistently sought after real estate and hospitality towns. This beautiful home and bed and breakfast offers many options for investors and lodging professionals alike. Run it as a bed and breakfast or turn it into simply lodging alone, use it s a family getaway for part of the year and a bed and breakfast for another part of the year. The property comes fully furnished, in excellent condition with many new capital investments. The new generator allows owners to go south for the winter and return to home for warmer months without the worry of freezing weather. Listed as "number one" in Tripadvisor this business has an excellent reputation and is turn-key state-of-the-art lodging operation. This well established, extremely reputable bed and breakfast sits at the foot of the famous Cape Arundel Golf Course with views of the rolling hills where U.S. presidents have played golf. Six beautifully appointed guest rooms all with en suite baths, a six tabled guest dining room and an entrance parlor, with both back and front porches make this an ideal business venue. It is a lovely half mile walk to downtown Kennebunkport. World renown beaches, shopping, hiking trails, restaurants and art galleries abound in this quintessential Maine coastal town. The owner's quarters are second to none boasting an extra four bedrooms, three and a half bathrooms, a living and dining room, a bar/kitchen, two person jacuzzi-tub, and private screened porch or the opportunity to turn this unit into two large units if a new owner deems. The laundry room and large full basement offer plenty of storage space. This is a three-quarter acre lot sits in a quiet residential neighborhood just minutes from the hustle and bustle of one of Maine's most-visited tourist towns. Mature landscaping, fourteen parking spaces, full owner's quarter basement, a full new roof and many other upgrades make this turn-key business a true gem. Known for excellence in service, exquisite breakfasts, and top-notch ratings, this b and b is one of a kind in "Vacationland's" most desirable tourist destinations. It is an excellent property for those looking to invest in solid real estate.