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Magnolia Manor & Chapel 1424 E Main St 6 Room Bed and Breakfast Humboldt, TN 38343 $2,767,616 CAD ($461,269 CAD/Room) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Architectural beauty inside and out.
- Restaurant (available for events), speakeasy, outdoor venue, secondary building with 2,267 sq ft.
- 130 year old chapel that seats 207 people and has great acoustics.
EXECUTIVE SUMMARY
The main building of this venue is a former church, built in 1895 and recently renovated to accommodate overnight guests, serve meals, and host weddings and other events. This turn-key property has 6 large guest rooms, each 16 x 24, an even larger on-site owner's suite, a wedding chapel that seats 207, a restaurant, a speakeasy, outdoor venue space and a second building that represents potential income. In addition to the 7 bedrooms and 7 full bathrooms, it has 5 half baths, a reading room, and a massage room. The manor is a popular stop for visitors from across the country, as well as being a favorite hangout for locals who enjoy its exquisite atmosphere, historical architecture and fine dining. Located in the heart of downtown, this hidden gem has been Select Registry Inspected and is ready for you to make a move. View the property's webpage at magnoliamanorand chapel.com.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $2,767,616 CAD | Lot Size | 0.53 AC |
| Price Per Room | $461,269 CAD | Building Size | 9,205 SF |
| Sale Type | Investment | No. Rooms | 6 |
| Cap Rate | 8% | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1895/2019 |
| Property Subtype | Bed and Breakfast | Corridor | Interior |
| Building Class | B | Opportunity Zone |
Yes
|
| Zoning | B3 - Central Business | ||
| Price | $2,767,616 CAD |
| Price Per Room | $461,269 CAD |
| Sale Type | Investment |
| Cap Rate | 8% |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | B |
| Lot Size | 0.53 AC |
| Building Size | 9,205 SF |
| No. Rooms | 6 |
| No. Stories | 3 |
| Year Built/Renovated | 1895/2019 |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | B3 - Central Business |
AMENITIES
- Restaurant
- High Speed Internet Access
- Patio
- Bed & Breakfast
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 6 | $282.44 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 170H-R-007.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $389,921 CAD |
PROPERTY TAXES
Parcel Number
170H-R-007.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$389,921 CAD
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Presented by
Heritage Real Estate, Inc
Magnolia Manor & Chapel | 1424 E Main St
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