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The Springfield House

General
Price: 
$675,000
Contact Owner(s): 
Bill Speakman
Contact Phone Number: 
814-466-6290
City: 
Boalsburg
Region: 
North Central
State: 
Pennsylvania
Business Information
Business Description: 

Six bedroom B&B in an Historic Village, just 4 miles from Penn State University. Perfect location with shops and restaurants in walking distance. University Events booked a year in advance. Business has grown from $62,000 in 2013 to $96,000 in 2016 and prospects for continued growth are excellent. 5 Star TripAdvisor and B&B.com ratings with excellent repeat business.

Years in Business: 
28
Rates: 
$110-$135
Occupancy Rate: 
44.4%
Average Daily Rate: 
145
Gross Revenue: 
96,000
Revenue per Room: 
64
Property Information
Property Description: 

1833 Federal Farmhouse style Inn in a civil war era village close to Penn State and other attractions. Completely renovated in 2005, including wiring, plumbing, roof, windows, etc.  Rooms with 1800’s charm but modern amenities including in-suite baths, Flat Screen HDTV, WiFi. Some with electric fireplaces. Completely furnished turn-key operation includes award winning website management systems, professional photo library, customer histories, etc.

Guest Rooms: 
6
Common Rooms: 
3
Private Baths: 
6
Shared Baths: 
0
Year Built: 
1833
Year Remodeled: 
2005
Square Footage: 
4,700
Realtor
Realtor: 
Mick Trombley or Frank Sovino
Realtor Phone: 
814-861-3000