West End Inn in Portland, Maine – yummy paint colors!
The right paint can make or break a room. The colors here are beautiful shades of vibrant sherbet in orange, lemon and raspberry. You should see the inn from the neighborhood at night, the orange is just gorgeous! The inn is on the market by the way, anyone interested? Contact me 🙂
$40k PRICE REDUCTION – a great buy
Now offered at $450,000
Lakeshore Inn Bed & Breakfast
Very spacious, 5 bedrooms, 5 1/2 baths, detached 2 car garage, huge eat-in kitchen and fantastic views of Lake Chickawaukie pictured below. Perfect as a B&B, a private residence or family vacation home. Sellers are motivated. A very good opportunity perfectly situated just minutes between the year round mid-coast villages of Camden and Rockland…
$40k PRICE REDUCTION – a great buy
Now offered at $450,000
Lakeshore Inn Bed & Breakfast
Very spacious, 5 bedrooms, 5 1/2 baths, detached 2 car garage, huge eat-in kitchen and fantastic views of Lake Chickawaukie pictured below. Perfect as a B&B, a private residence or family vacation home. Sellers are motivated. A very good opportunity perfectly situated just minutes between the year round mid-coast villages of Camden and Rockland…
How does this relate to innkeeping?
I recently came across this clipping while I was going through some files and clearly remember why. Twenty plus years ago I snipped this from a Washington Post when it reminded me of someone I knew whose father made good money and all he did was save; but by his attitude it was evident he did not enjoy everyday life. And at 21, we aren’t always focused on being smart with our money, but I recall thinking this quote said it all. And I was determined to use money wisely, but enjoy using it, unlike my friend’s father. So here I am, living a dream in Maine as an innkeeper myself. And because I get it, I am able to help buyers and sellers as they hand over their job as innkeeper to another. I think I’ve used my money pretty wisely.
What better way these days to use our money and make it work for us? Buying an inn or a B&B provides an enjoyable job (both a use and an advantage); it serves as an investment (both a use and an advantage); it buys a home (again, both a use and an advantage); and clearly it buys a lifestyle (you guessed it…both a use and an advantage).
What many first time B&B buyers don’t realize is that if they’re looking at a property with good business value, they may easily qualify for far more than they would for a private home where your salary is used as the basis for loan qualification. And banks love to lend for successful business purchases, naturally it minimizes their risk. So just because your current salary may not qualify you for a purchase of a million dollar property, the gross revenue and potential of that property does play a significant role. Yes, you need the downpayment, but for a less risky purchase, the bank is often willing to be creative to benefit both the buyer and the bank. Contact a Maine bank to discuss the options – the first step doesn’t cost you anything.
give it some thought – you just might get it…
How does this relate to innkeeping?
I recently came across this clipping while I was going through some files and clearly remember why. Twenty plus years ago I snipped this from a Washington Post when it reminded me of someone I knew whose father made good money and all he did was save; but by his attitude it was evident he did not enjoy everyday life. And at 21, we aren’t always focused on being smart with our money, but I recall thinking this quote said it all. And I was determined to use money wisely, but enjoy using it, unlike my friend’s father. So here I am, living a dream in Maine as an innkeeper myself. And because I get it, I am able to help buyers and sellers as they hand over their job as innkeeper to another. I think I’ve used my money pretty wisely.
What better way these days to use our money and make it work for us? Buying an inn or a B&B provides an enjoyable job (both a use and an advantage); it serves as an investment (both a use and an advantage); it buys a home (again, both a use and an advantage); and clearly it buys a lifestyle (you guessed it…both a use and an advantage).
What many first time B&B buyers don’t realize is that if they’re looking at a property with good business value, they may easily qualify for far more than they would for a private home where your salary is used as the basis for loan qualification. And banks love to lend for successful business purchases, naturally it minimizes their risk. So just because your current salary may not qualify you for a purchase of a million dollar property, the gross revenue and potential of that property does play a significant role. Yes, you need the downpayment, but for a less risky purchase, the bank is often willing to be creative to benefit both the buyer and the bank. Contact a Maine bank to discuss the options – the first step doesn’t cost you anything.
give it some thought – you just might get it…
How does this relate to innkeeping?
I recently came across this clipping while I was going through some files and clearly remember why. Twenty plus years ago I snipped this from a Washington Post when it reminded me of someone I knew whose father made good money and all he did was save; but by his attitude it was evident he did not enjoy everyday life. And at 21, we aren’t always focused on being smart with our money, but I recall thinking this quote said it all. And I was determined to use money wisely, but enjoy using it, unlike my friend’s father. So here I am, living a dream in Maine as an innkeeper myself. And because I get it, I am able to help buyers and sellers as they hand over their job as innkeeper to another. I think I’ve used my money pretty wisely.
What better way these days to use our money and make it work for us? Buying an inn or a B&B provides an enjoyable job (both a use and an advantage); it serves as an investment (both a use and an advantage); it buys a home (again, both a use and an advantage); and clearly it buys a lifestyle (you guessed it…both a use and an advantage).
What many first time B&B buyers don’t realize is that if they’re looking at a property with good business value, they may easily qualify for far more than they would for a private home where your salary is used as the basis for loan qualification. And banks love to lend for successful business purchases, naturally it minimizes their risk. So just because your current salary may not qualify you for a purchase of a million dollar property, the gross revenue and potential of that property does play a significant role. Yes, you need the downpayment, but for a less risky purchase, the bank is often willing to be creative to benefit both the buyer and the bank. Contact a Maine bank to discuss the options – the first step doesn’t cost you anything.
give it some thought – you just might get it…
Was $489,000, now $450,000 – a wonderful opportunity to buy a 4 room B&B or 5 bedroom personal residence in Rockland, Maine from motivated sellers
The Lakeshore Inn – just 3 miles to downtown Rockland, 6 miles to Camden and situated across from Lake Chickawaukie with deeded lake access. 5 bedrooms, 5 1/2 baths, huge common guest spaces, 3 fireplaces, very spacious and private owner’s quarters with fabulous kitchen, lots of windows, large screened hot tub, charming brick courtyard with potting shed, private entrance, detached garage (could be converted into great living space), all on a large wooded lot. The property is also fully sprinklered which is an obvious benefit for the owners and for their property insurance rates. Virtual Tour Property Photos
Just make an offer, you might find yourself with a great deal on the table…
The Sellers listed the property with me just a couple of months ago and family circumstances on the West coast are requiring their attention sooner than they anticipated. This is an opportunity for a buyer to obtain a low interest rate and a great deal on a very well maintained property. Everything is in place for new buyers to continue to market and grow the business; the potential in this area is real. It’s worth a look!
I'm a Realtor with The B&B Team and experienced innkeeper selling Maine Bed and Breakfasts, Inns, Recreational Properties and the Maine Lifestyle. 
