Rare opportunity to own and operate an enchanting 9-unit motor court bed and breakfast situated on a large 1-acre in-town parcel in Nevada City, rated by Sunset Magazine as the number one Best Value Town in the Western US. The property consists of 10 separate buildings containing nine 1-bdrm & studio cottages, a gorgeous 2bd/2ba innkeeper/owner's unit, 7 carport garages, laundry and circular drive surrounding a delightful courtyard. Piety Hill has earned an Excellent (4.5) rating from Trip Advisor. Huge upside potential by way of excess land area for developing more units and/or repurposing the entire property into apartments, condos or affordable housing. Unbeatable location within easy walking distance to both Downtown and the fashionable 7-Hills Business District. This offering is turnkey including FF&E, operating software, etc. SALE PENDING, BUT SELLER MAY ACCEPT BACKUP OFFER SUBJECT TO 2-DAY 'FIRST RIGHT OF REFUSAL' BY EXISTING BUYER.
|--||New Value: $1,260,000|
|5/8/2020 7:44:47 PM||New Value: Contingent|
|9/3/2019 3:45:00 PM|