Vita Huset Extended Stay – Newport, VT
April 27, 2020
Newport, VT Offered for sale at $299,000
Turn-key business generates $48k+ income. Whole-house renovation in 2014. Vita Huset, “The White House,” offers comfortable extended-stay apartment accommodations for vacationing and business travelers alike.
This 1880’s home has been divided into four discreet apartments. Owner lives in one and rents the others to travelers staying four days or longer. The longer guests stay, the better the rate, including monthly. No permanent tenants.
After traveling in Sweden and discovering Swedish roots, I fell in love with the “lagom” of the Swedish Gustavian style. Each apartment has this bright and serene feel and is designed with guests’ comfort in mind. Vita Huset’s downtown location is a short walk to Newport’s restaurants, shopping, and the beautiful Lake Memphremagog. The Canadian border is only 6 miles to the north. The inn is just 5 minutes from I-91, connecting it to the major population centers to the south and east. 2H from Montreal. 3.5H from Boston. 1.75H from Burlington. Sherbrooke, QC .75H.
Guests are treated to refinished floors, Oriental rugs, abundant lighting through windows restored to their century-old beauty, and open-air porches shaded by a historic red oak tree (the second largest on record in Vermont and the reason I fell in love with this house!) All apartments are currently self-catering, equipped with basic kitchens. Linens are provided. Free Wifi and on-site parking is available, in addition to a common, complimentary laundry room in the basement.
Newly installed, high-efficiency propane boiler.
Since owner lives on site, you will be available to assist guests and make suggestions, helping travelers make the most of their time visiting the Northeast Kingdom of Vermont.
Restored two-story carriage house with loft and two bays, one with auto. door opener.
Full basement with ample, dry storage and mechanicals. Sealed with foam insulation.
Vita Huset invites guests for a minimum stay of four days (four to seven days are at the same weekly rate). Monthly rates/seasonal rentals (for summer fun and skiing at Jay Peak Resort) may be negotiable.
- Offered for sale at $299,000
- Occupancy Rate: 90%
- Average Daily Rate: $50
- Annual revenue is $48,000