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Tara Point 1 Tara Point 11 Room Hotel Grafton, IL 62037 $3,735,153 CAD ($339,559 CAD/Room)
EXECUTIVE SUMMARY
Welcome to this fabulous bed and breakfast opportunity overlooking the confluence of the Mississippi and Illinois Rivers. Nestled amongst the lush greenery and limestone bluffs that tower above the quaint river town of Grafton, IL. Its stunning views and tranquil atmosphere offer plenty of potential for growth and development. Tara Point has long been the destination of its repeat customers since 1991. In addition, the business is well known for providing its guests with extraordinary service and unparalleled attention to detail, thus insuring their loyal customers a relaxing and memorable stay. Guests can enjoy the amenities of the Inn while staying in one of the Riverside rooms or Delta Queen suite. Additionally, Tara Point offers eight guest cottage suites. Tara Point has been recognized by an industry publication for having the “Best Sunset View” of over 8,500 B & B’s in North America. All guests are in awe of the views their accommodation provides.
PROPERTY FACTS
| Price | $3,735,153 CAD | Lot Size | 16.56 AC |
| Price Per Room | $339,559 CAD | Building Size | 7,345 SF |
| Sale Type | Investment | No. Rooms | 11 |
| Sale Condition | Business Value Included | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1990 |
| Property Subtype | Hotel | Parking Ratio | 3.33/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Price | $3,735,153 CAD |
| Price Per Room | $339,559 CAD |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 16.56 AC |
| Building Size | 7,345 SF |
| No. Rooms | 11 |
| No. Stories | 1 |
| Year Built | 1990 |
| Parking Ratio | 3.33/1,000 SF |
| Corridor | Exterior |
AMENITIES
- Patio
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 9 | $286.36 CAD | - |
| Guest Room | 2 | $261.46 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 08-079-044-00 | Improvements Assessment | $636,906 CAD |
| Land Assessment | $66,174 CAD | Total Assessment | $703,080 CAD |
PROPERTY TAXES
Parcel Number
08-079-044-00
Land Assessment
$66,174 CAD
Improvements Assessment
$636,906 CAD
Total Assessment
$703,080 CAD
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