San Juan Inn Bed & Breakfast

Value: $745,000
Loans: $237,000
Equity: $508,000

Have: 9 Bdrm/7.5 Ba. Victorian B & B circa 1873. Includes two garden suites w/jacuzzi, woodstove, community jacuzzi, laundry, Mgrs. apt., kitchen, period furnishings, parlour w/island & harbor view, daily continental breakfast.

Location: 50 Spring Street, Friday Harbor, Washington, 98250, 1/2 block to all transport, harbor & ferry. Two blocks from "Can Add".

Loans: $237,000 @ 8.57% Key Bank

Benefits needed by client: Consolidate with "Can Add", free-up time for other business; exchange for less management investment.

Client capable of: Flexibility, creativity, financibility.

Can add: Tucker House B & B, Cape San Juan home, Whittier (Calif.) home. Equity: $354K, $110K, $60K.

Remarks: Best of 172 islands w/over 350 rooms avail. near agricultural countryside. Visit museums, parks, gift shops, restaurants or cruise, kayak, scuba, tide pools and only U.S. whale watch point. High season Aprill to October. Completely restored w/boardwalk, lush gardens & wood stoves, day & nite mgr., 2 part-timers. Room rates from $60 to $195.

$188,700

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