JULY 23, 2014
Full Circle Ranch Bed & Breakfast Inn in Cave Creek sold
PHOENIX – Carrick Sears, Senior Investment Advisor in the Phoenix office of Sperry Van Ness, negotiated the $700,000 sale of Full Circle Ranch Bed & Breakfast Inn located at 40205 N. 26th St. in Cave Creek.
The buyers, Tom and Debby Kinsella, desired to relocate from Denver to the Southwest and chose Phoenix. When the couple decided to semi-retire, the thought of opening a bed and breakfast seemed like a perfect fit.
The Kinsellas purchased the 2 casitas and 4 guest rooms known as Full Circle Ranch Bed & Breakfast Inn. This site is a one-of-a-kind oasis located in the Sonoran Desert and conveniently located just north of Phoenix, 20 minutes from Carefree and borders Scottsdale, Arizona. This +/- 4,372 square foot property is near art galleries, fine wine selections, and several fine dining restaurants.
Raul Siqueiros, a residential realtor from Berkshire Hathaway, approached Sears and told him he had a buyer for a bed and breakfast and desired some commercial expertise. They agreed to work on it together and split the commission accordingly. Given the three-month long escrow, and complexities involved, having two brokers on the deal was helpful.
Tom Kinsella said, “We are both excited at this opportunity and are taking advantage of the slow summer booking season to "spruce" up the property and will be greeting guests at the Full Circle Ranch B&B in the second week of September and already have a wedding booked on the property in late October."
To learn more about the Bed & Breakfast, visit www.fullcircleranchaz.com.