Historic 6-Room B&B in Galveston, TX - $2.3M - $199K Cash Flow Near Cruise Port
Executive Overview
Key Investment Highlights
- •Historic property established in 2021, top-ranked in Galveston
- •Main house with five bedrooms, dining room, bar, and full kitchen
- •Two guest houses, each with two levels featuring a bedroom, living area, and kitchen
- •Total of nine guest rooms with an average rental rate of $300 per night
- •Occupancy rate of 50% to 60% year-round, breakfast included
Situated just a few blocks from the vibrant heart of Galveston and its cruise terminals, this bed and breakfast captures the essence of 19th-century living with its lush landscape and charming gazebo. The two-story main house features five bedrooms, a dining room, a bar, and a fully-equipped kitchen, ideal for hosting guests in style and comfort.
Additional income streams include room rentals, gourmet lunch and dinner services, and vehicle parking. Guests can enjoy seamless transportation to and from the airports and cruise ships, enhancing their travel experience. The venue is also a sought-after location for special events such as weddings, birthday parties, and corporate gatherings, with approximately 70% of guests arriving before or after their cruise adventures at the Port of Galveston.