1802 House Bed and Breakfast Inn 15 Locke St 6 Room Bed and Breakfast Kennebunkport, ME 04046 $2,600,000 ($433,333/Room) 8.92% Cap Rate

Location, location, location! This beautiful bed and breakfast is fully furnished, has an excellent reputation and is turn-key state-of-the-art lodging business. 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 parlour, with both back and front porches make this an ideal business venue. It is a lovely half mile walk to downtown Kennebunkport. Gorgeous 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, private screened porch, laundry room and large full basement. 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 tourist-visited towns. A new whole house gas powered generator makes this year round property immune from bad weather or power outages. 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.