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241 Oak St - Opportunity!

241 Oak St South Haven, MI 49090
Price:
$2,750,000
Address:
241 Oak St
City:
South Haven
State:
MI
Zip:
49090
Bathrooms:
10

The Victoria Resort Bed & Breakfast, positioned near Lake Michigan, offers 10 B&B rooms, 7 unique cottages, and Family & Master suites inside of the Resort House. #1 Five Star Property on both Google and Trip Advisor for five consecutive years in South Haven, while also being the only B&B open 12 months of the year. The Victoria Resort Bed & Breakfast has had tremendous growth in terms of performance metrics when analyzing data from 2019 to 2022. One would assume that Occupancy and Rev PAR would have had a major impact from the COVID-19 Pandemic, but on the contrary this Property had little to no impact, showing relatively consistent Occupancy and ADR that aligned with prior year performance. Proving that this property is resilient in even the most unprecedented market conditions. As the B&B attracts a broadly diverse set of guests it has shown to outperform the submarket in metrics such as ADR and Rev PAR. Still available at ListedBuy!

Extra Information for 241 Oak St South Haven, MI 49090
  • Seller Type: By Owner
  • Category: Single-Family Houses
  • Square Feet: 7978
  • Conditions: Resale
  • Listed Date: Jun 14, 2023

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