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Tara Point 1 Tara Point

11 Room Hotel Grafton, IL 62037 £2,274,789 (£206,799/Room)

Executive Summary

Welcome to this fabulous bed and breakfast opportunity overlooking the confluence of the Mississippi and Illinois Rivers. Nestled amongst the lush greenery and limestone bluffs that tower above the quaint river town of Grafton, IL. Its stunning views and tranquil atmosphere offer plenty of potential for growth and development. Tara Point has long been the destination of its repeat customers since 1991. In addition, the business is well known for providing its guests with extraordinary service and unparalleled attention to detail, thus insuring their loyal customers a relaxing and memorable stay. Guests can enjoy the amenities of the Inn while staying in one of the Riverside rooms or Delta Queen suite. Additionally, Tara Point offers eight guest cottage suites. Tara Point has been recognized by an industry publication for having the “Best Sunset View” of over 8,500 B & B’s in North America. All guests are in awe of the views their accommodation provides.

Property Facts

Price £2,274,789
Price Per Room £206,799
Sale Type Investment
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 16.56 AC
Building Size 7,345 SF
No. Rooms 11
Number of Floors 1
Year Built 1990
Parking Ratio 3.33/1,000 SF
Corridor Exterior

Amenities

  • Patio
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 9 £162.37 -
Guest Room 2 £148.25 -
  • Listing ID: 29949982

  • Date on Market: 02/11/2023

  • Last Updated:

  • Address: 1 Tara Point, Grafton, IL 62037

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