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Surgeon's House Bed & Breakfast 100 Hill St 4 Room Bed and Breakfast Jerome, AZ 86331 $2,396,992 CAD ($599,248 CAD/Room)



Executive Summary
https://www.flexmls.com/share/Dq3Hg/100-HILL-ST-Jerome-AZ-86331
The Grande Dame of Jerome, now available with Seller Carry at a jaw-dropping discount price because there's a twist. Seller insists on financing with 10% down at zero interest. I'll tell you why later, but first I'm going to tell you about this stunning home and guest home and grounds. Currently (and for decades under the same owner) operating as the world famous Surgeon's House Bed and Breakfast. 5 Suites each with its own bath, which makes it 5 Master Suites PLUS there's a full studio under the Chauffeur's Quarters plus a half bath in the common area. Magical lush grounds, trees and flowers and koi for good luck. Search The Surgeon's House, Jerome AZ to see the magic. Look at the pictures and then come back to here, where I'll explain the twist.
Attached is a Memorandum Of Understanding, which basically agrees that you buy The Surgeon's House with all of the furnishings except for the Seller's personal family possessions and her clothes and jewelry and car. You get it all - including the Registered business name, the website, the client/customer list, the recipes, the fabulous furniture, the forks and spoons, everything. The twist is that the Seller stays after close of escrow under a Life Tenancy agreement until she leaves in one way or another. Here's what it will look like: After close of escrow you own the property - title is in your name. You will pay Andrea $10,750 every month until you've paid it off. (There is no interest, so with all payments being totally principal you're going to chip away at what you owe her pretty quickly.) During this time you are not involved with the BnB or the property or the income from the property - you are completely "hands off." We will negotiate the right for you to come stay to inspect your investment, say a couple of times a year. When Andrea is done she or her heirs notify you, you pay the balance of the note and she's all yours.
The Grande Dame of Jerome, now available with Seller Carry at a jaw-dropping discount price because there's a twist. Seller insists on financing with 10% down at zero interest. I'll tell you why later, but first I'm going to tell you about this stunning home and guest home and grounds. Currently (and for decades under the same owner) operating as the world famous Surgeon's House Bed and Breakfast. 5 Suites each with its own bath, which makes it 5 Master Suites PLUS there's a full studio under the Chauffeur's Quarters plus a half bath in the common area. Magical lush grounds, trees and flowers and koi for good luck. Search The Surgeon's House, Jerome AZ to see the magic. Look at the pictures and then come back to here, where I'll explain the twist.
Attached is a Memorandum Of Understanding, which basically agrees that you buy The Surgeon's House with all of the furnishings except for the Seller's personal family possessions and her clothes and jewelry and car. You get it all - including the Registered business name, the website, the client/customer list, the recipes, the fabulous furniture, the forks and spoons, everything. The twist is that the Seller stays after close of escrow under a Life Tenancy agreement until she leaves in one way or another. Here's what it will look like: After close of escrow you own the property - title is in your name. You will pay Andrea $10,750 every month until you've paid it off. (There is no interest, so with all payments being totally principal you're going to chip away at what you owe her pretty quickly.) During this time you are not involved with the BnB or the property or the income from the property - you are completely "hands off." We will negotiate the right for you to come stay to inspect your investment, say a couple of times a year. When Andrea is done she or her heirs notify you, you pay the balance of the note and she's all yours.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $2,396,992 CAD | Building Size | 4,400 SF |
| Price Per Room | $599,248 CAD | No. Rooms | 4 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1924 |
| Property Subtype | Bed and Breakfast | Tenancy | Single |
| Building Class | B | Parking Ratio | 0.45/1,000 SF |
| Lot Size | 0.46 AC | Corridor | Interior |
| Price | $2,396,992 CAD |
| Price Per Room | $599,248 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | B |
| Lot Size | 0.46 AC |
| Building Size | 4,400 SF |
| No. Rooms | 4 |
| No. Stories | 2 |
| Year Built | 1924 |
| Tenancy | Single |
| Parking Ratio | 0.45/1,000 SF |
| Corridor | Interior |
Amenities
- Room Service
- High Speed Internet Access
- Patio
- Bed & Breakfast
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 4 | $417.76 CAD | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 401-07-189 | Improvements Assessment | $1,164,708 CAD |
| Land Assessment | $106,815 CAD | Total Assessment | $1,271,524 CAD |
Property Taxes
Parcel Number
401-07-189
Land Assessment
$106,815 CAD
Improvements Assessment
$1,164,708 CAD
Total Assessment
$1,271,524 CAD
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Videos
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Presented by
Realty ONE Group Mountain Desert
Surgeon's House Bed & Breakfast | 100 Hill St
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