Historic Cornell Inn in Lenox sold for $1.9 million
LENOX â Another historic inn has changed hands, reflecting an upsurge of interest among potential purchasers buying into the bed-and-breakfast segment of the hospitality industry. The 28-room, three-building Cornell Inn, a short distance from the downtown business center, has been sold by Tim and Nell McCaffery, owners since 2012, to Kurt Inderbitzen, who formed Cornell Inn Holdings LLC for the transaction. First listed last February by The B&B Team, Inn Consultants LLC, a hospitality consultancy and brokerage firm based in Kennebunk, Maine, and other locations, the asking price was just...
Source: berkshireeagle.com