Olle Hotel in Flatonia For Sale

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Listing Description


Property Overview: The historic Olle Hotel is a beautifully restored and fully furnished hotel with a great reputation and guest list.  The Olle Hotel has a Texas Historic Marker and is located in Flatonia's National Historic District.  The hotel offers 12 bedrooms and 13 bathrooms along with a private owner's cottage on site called the Olle Cottage (589 sf).

Property Description:  The hotel has retained it's long leaf pine floors, historic doors, lead glass windows and trim.  The hotel has a large front porch, 5 guest rooms downstairs with bathrooms, a public bathroom, a den, living room, kitchen, and a breakfast room.  Upstairs there are 7 bedrooms with bathrooms and a second porch.  There is a guest cottage in the rear currently used for lodging, but could be an owner's quarters.  The hotel has two commercial washers and two commercial dryers along with 3 household washers and 3 household dryers.

Business Description:  The historic Olle Hotel is located in a peacefull small Texas town, walking distance to a bistro restaurant, wine haus, and theater.  Close to famous Painted Churches, Shiner Brewery, several wineries, along with many local festivals and events within 30 miles. Business has potential to increase revenue by accepting walk up traffic and extending the season. The Olle Hotel has been featured in 5 magazines and two travel books.  The Olle has 5 star ratings on travel sites and has a high percentage of repeat guests.



Listing Information


Innkeeper: Dennis and Kathryn Geesaman

Address: 218 South Market

PO Box:

City:Flatonia

State:Texas

Postal Code: 78941

Country: USA

Toll Free:

Phone: 361-772-0310

Cell: 361-772-8093

Fax:


E-mail: Send Message


Property Information


Sale Price:795,000.00$

Square Ft: 5,936 sf

Lot Size in Acres: 0.258 acres

Parking Spots: 15+

Year Built: 1899

Last Renovation: 2004

Years as Inn: 17

Guest Rooms: 12

Guest Bathrooms: 13

Owners Quarters: Yes

Restaurant: No

Pool: No

Furniture Included?: Yes

Sale or Lease?: For Sale

Avg. Annual Income: $120,000.00

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