Invest in your Dream
Invest in your Future


Own this luxury Bed & Breakfast Inn
In
Asheville, North Carolina’s
Montford Historic District



Tired of the Corporate commute?
IRAs and 401k values gone down?
Always wanted to own your own business?
This could be the time to make your move.


Consider:
Putting your investments to work in the place where you work.
Consider:
Taking advantage of Tax Rates and Capital Gains Rates that may never be lower.
Consider:
Cutting your commuting time to 2 minutes a day.
Consider:
Enjoying life in one of America’s premier arts and tourism towns, nestled in the Blue Ridge Mtns.

Consider Abbington Green Bed & Breakfast Inn

Asking $1,825,000 USD
Contact email: info@abbingtongreen.com
www.abbingtongreen.com/invest


Five Reasons Why Abbington Green is an
Excellent Opportunity for You


1. “Sound Business Development Opportunities” means, unlike many others, the inn not only produces substantial income now, but also provides plenty of opportunity for continued, smart growth in the future.

* Substantial current A.D.R. with balanced occupancy allows flexible future growth
* Inn’s configuration provides opportunity for even greater income production

2. “Meticulously Developed Property” means large investment in infrastructure and outdoor spaces created award-winning results and has kept pace with changing trends. And, it’s not just been done; it’s been done right.
* New plumbing and electric systems; newer roofs
* 8 stylish marble/tile guest baths, 8 whirlpools
* 11 working fireplaces
* Extensive, prize-winning English gardens

3. “Enviable Reputation” means over 20 years of ownership continuity as a well managed inn has created a respected, highly rated business that is recommended by guests and the Community.
* AAA Three Diamonds each year since 1993
* Very highly ranked at TripAdvisor and other sites
* Founding Member Asheville Legendary Inns+ Asheville B&B Assoc.
* Member Better Business Bureau for over 12yrs.

4. “Spacious Innkeepers’ Living Area” means currently a large and comfortable private space to relax and call your own.
* Over 1800 sq. ft.; windows in all directions
* 2 spacious bedrooms; 2 full baths
* Large family room; private, covered balcony
* Great storage


5. “Outstanding Location” means the Montford District, named North Carolina’s “Best Old-House Neighborhood” by “This Old House” magazine, most sought after by upscale travelers and convenient to all of Asheville.
* Last walkable, residential district to Downtown
* Less than 3 miles to Biltmore Estate
* 5½ miles to Blue Ridge Parkway
* 2½ miles to Grove Park Inn’s golf course and spa


Property Description

Abbington Green Bed & Breakfast Inn, in Asheville, North Carolina is a large historic, Colonial Revival-style home and carriage house. Built in the early 20th century and located in the Montford Historic District, the house was designed by British architect Richard Sharp Smith, on-site supervising architect for Biltmore Estate, 1890-1895. A full set of floor plans for this house, each page signed by Richard Sharp Smith, is located at the Asheville Historic Archives.

For renovating and converting the house into an eight unit Bed and Breakfast, the owner won the prestigious “Griffin Award” for excellence in Historic Preservation. The inn has an English theme and is tastefully furnished and decorated with reminders of the British Isles. The property includes extensive award-winning English gardens: “Best Gardens” in Buncombe County.

Location:
Montford Historic District on National Register of Historic Places.
Residential neighborhood on the north side of Downtown Asheville.
“Walkable” neighborhood contiguous to Downtown.

Lot:
Purchased 1907 as building plot by David Latourette Jackson
Size: 0.60 acres.
Extensive, mature, award-winning English gardens Frontage on Cumberland Circle
Off-street parking for 12 vehicles

Buildings:
2 structures : Main House and Carriage House
Total current living space: approx. 6996 sq. ft.
Total walk-out ground floor : approx. 2095 sq. ft (appr.1000 sq. ft.) currently temperature-controlled) + greenhouse.
Covered porches/balconies; decks; veranda: approx. 1466 sq. ft.
Total rooms: 21 (excluding walk-out ground level spaces)
Total Guest Units: 8 (including 9 guest bedrooms)
Number Baths: 10 full/2 half
Working fireplaces: 9 (natural gas); 2 (electric)

Main House:
Completed 1909; total renovation 1993 + updates (latest 2013)
Architect: Known provenance with existing Individually-signed floor plans
Richard Sharp Smith, Supervising on-site architect for Biltmore House construction, 1890-1895.
Three stories with 12’x52’attic crawl space plus walk-out ground floor beneath half of the structure; porches; decks; veranda; covered balcony.

Total living space: approx. 5403 sq. ft.
Walk-out ground floor: approx. 1015 sq. ft. under rear half of structure plus large crawl space under front of structure
Original attached greenhouse: approx. 80 sq. ft.
Covered porches (3) plus decks (2); covered balcony(1): approx.1166 sq. ft

Exterior:
Siding: Original clapboard; cedar shakes
Original: Chippendale-style double entry door surround with side-lights; porch/balcony railings; Doric columns; dentil banding; 6-, 9-, and 12-over-1 windows; diamond pane windows; French doors; beadboard soffits and beadboard back porch ceiling; chimney brickwork design.
Roof: fiberglass 40 yr.-rated, architectural shingle (2002)

Interior:
Total rooms: 13 Total number baths: 7.5
Total working fireplaces with original mantels: 6 (natural gas)
Total electric fireplaces: 2
Original moldings; plaster and lath construction throughout
Floors: Original Hardwood(main),Heart Pine (2nd&3rd floors)
Original: Brass lighting fixtures: 11; “pocket” doors: 1 set
Heating: Natural gas/ hot water radiators
Water heating: 1 Natural gas: 40 gal. for 1st floor; 4 Electric: 2 @80 gal. for 2nd floor, 1 @ 40 gal. and 1@ 25 gal 3rd floor
Electric service: 400 amp
Water filtration: whole-house water filter

First floor:
Ceiling ht: 9’8”:
Foyer; Parlor; Living Room; Dining Room;
Kitchen/laundry; Pella sliding doors; granite counters; custom-finished oak cabinets; LED under-counter and toe-kick lighting; LED recessed ceiling lighting; Adura flooring; upright freezer with icemaker; commercial refrigerator; 5-burner JennAir stainless steel gas cooktop;Bosch 4.2 cu. ft. electric/convection double ovens; microwave; Bosch stainless steel dishwasher with sani-cycle; stainless steel sink w/ Moen pullout faucet; drinking water/ice filtration system; stainless steel double sink w/ Kohler pull-out faucet; stainless steel sink/stove backsplash; 4.8 cu. ft. Electrolux front- loading washer; 8.0 cu. ft. Electrolux dryer.

Half-bath (pedestal sink/Moen fixtures; Kohler chair-height toilet);
3 working fireplaces: natural gas/ all original mantels.
Furnished covered porches/decks

Second floor:
Ceiling ht: 8’9”:
5 Guest Bedrooms: 5 king beds
5 Baths :5 Sanijet pipeless whirlpools with showers; 4 pedestal sinks; 1 cherry wood vanity and shelves with drop-in sink; Moen/American Standard sink/tub/shower fixtures; 5 chair-height toilets;
5 working fireplaces: 3 gas w/original mantels; 2 electric.
Furnished covered veranda.

Third floor:
Ceiling ht: 8’3”:
2 Bedrooms; Living room;
2 full Baths (pedestal sinks; all Moen shower/tub/ sink fixtures, 1 with Kohler chair-height toilet);
10’x 5’ covered balcony w/ original French doors;
12’x 52’ attic crawl space (central air adaptable); storage; rough-plumbing for kitchenette;

(Entire floor: possible future reconfigure to large, luxury Guest Suite.)

Walk-out Ground Floor:
Storage; Work area; 2nd Laundry with Kenmore front-loading washer and Whirlpool Duet dryer; Walk-in 80 sq. ft. Greenhouse; 3 Water heaters:( 2 80-gal. electric for 2nd floor + 1 40-gal. gas for first floor only); gas heat boiler; 400 amp electric service; cable booster.

(Possible future reconfigure: to include Innkeeper Living space + bath.)

Carriage House:
Circa 1920; total renovation 2001 + updates (latest 2013)

Two-storey area (approx. 3/4 of total building, plus 28’x18’ attic crawl space) plus one-storey area and temperature-controlled walk-out ground floor.

Total living space: approx. 1593 sq. ft.
Walk-out ground floor, temperature-controlled, under entire structure: approx. 1000 sq. ft.
Covered porches, covered balcony (3): approx. 300 sq. ft.

Exterior:
Siding: clapboard “German siding”; 3 sets custom-made faux Carriage doors with 6 Pella windows (4 awning-style; 2 fixed)
Roof: fiberglass 40 yr.-rated shingle (1998)

Interior:
3 Guest suite units each with private entry & porch/covered balcony: including 4 Bedrooms: 4 king beds; 2 Sitting rooms
Total number baths: 3.5 (2 Sanijet pipeless double whirlpool /overhead shower; pedestal sinks; 1 Kohler wp + Kohler sink; 4-head body-spray shower system plus hand-held shower; all Moen shower/tub fixtures; 4 chair-height toilets; Cable TV in full baths; Hi-Def cable in all suites)
Full guest kitchen: 1 (includes 4-burner gas stove; full-size refrig.; microwave; coffeemaker; coffee bean grinder; blender; crystal; china; tableware; table linens)
Total working fireplaces: 3 (natural gas)
Heating/cooling: 2 Forced air/electric heat pump
Water heating: 3 Natural gas, commercial, vented (one per suite)
Electric service: 100 amp
Water Filtration: Whole house water filter

Inventory:

Offered “turn-key”: furnished to carry out the Inn’s British theme.
Some examples include:
Antique and reproduction furniture;
5 four-poster cherry/mahogany bedframes;
3 headboards;
9 premium king mattresses/box springs;
5 custom, ceiling mounted “half-tester” bed surrounds;
23 complete custom window treatments;
30+ rugs; 120+ lighting fixtures;
bed and bath linens;
30+ Mirrors;
110+ matted/framed pictures/photographs (some signed originals);
110+ pieces outdoor/porch furniture and many other accessories.
Crystal, dishware, cookware, tableware, appliances and equipment.
See full inventory for complete listings.


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An Asheville Legendary Bed and Breakfast Inn
Abbington Green Bed & Breakfast Inn | 46 & 48 Cumberland Circle | Asheville, NC 28801
Phone:
(828) 251-2454 | Fax: (828) 251-2872 | Toll free: 1-800-251-2454
Office open 9:30 a.m. to 7:00 p.m. Eastern | E-mail: info@abbingtongreen.com

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