Property Description

The Grande Dame of Jerome, now available with Seller Carry at a jaw-dropping low price because theres a twist. Seller insists on financing with 10% down at zero interest. Ill tell you why later, but first Im going to tell you about this stunning home and guest home and grounds. Currently (and for decades under the same owner) operating as the world famous Surgeons House Bed and Breakfast. 5 Suites each with its own bath, which makes it 5 Master Suites PLUS theres a studio under the Chauffeurs Quarters plus a half bath in the common area. Magical lush grounds, trees and flowers and koi for good luck. Search The Surgeons House, Jerome AZ to see the magic.Look at the pictures and then come back to here, where Ill explain the twist. Click on MORE. Attached in documents is a Memorandum Of Understanding, which basically agrees that you buy The Surgeons House with all of the furnishings except for the Sellers personal family possessions and her clothes and jewelry and car. You get it all - including the Registered business name, the website, the client/customer list, the recipes, the fabulous furniture, the forks and spoons, everything. The twist is that the Seller stays after close of escrow under a Life Tenancy agreement until she leaves in one way or another. Heres what it will look like: After close of escrow you own the property - title is in your name. You will pay Andrea 1/120th of the original balance of the note every month. (There is no interest, so with all payments being totally principal youre going to chip away at what you owe her pretty quickly. Its figured at 10 years.) During this time you are not involved with the BnB or the property - you are completely hands off. You do have the right to come stay to inspect your investment. When Andrea is done she notifies you, you pay her the balance of the note and shes all yours.

Property Features

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