$2,499,000
Beds:
2
Baths:
2
Sqft:
1,080
Sqft lot:
139,827
Acre lot:
3.21
15 Days On Market -
Courtesy of Aaron Nichols, Real Broker, LLC dmvbroker@therealbrokerage.com
Status:
Active
Property Type:
Single Family Residential
Year Built:
2015
Neighborhood:
None Available
Days On Website:
15
Description
Breathtaking Views & Superb Cash-Flow! This turnkey Blue Ridge Mountain Short-Term Rental Portfolio includes a RARE collection of SEVEN cash-flowing Cabins! All within a bc; mile stretch at the top of a scenic mountain backing up to Shenandoah National Park; each cabin showcasing panoramic Shenandoah Valley vistas that keep guests booking year-round! $450,000+ annual revenue and $300,000+ NET Operating Income! Great opportunity to self-manage; or enroll professional management to just send you the mailbox money. Cabins range from cozy 1-bedroom havens to spacious multi-bedroom retreats, all expertly positioned to maximize views and privacy. Located less than 2 hours from Washington DC and AND Richmond, these cabins serve a thriving vacation market with proven demand. Exceptional features include hiking trails, proximity to Skyline Drive, and easy access to the Shenandoah River and Luray Caverns. This portfolio presents a unique opportunity to acquire an established, high-performing STR business with immediate cash flow in one of Virginia's most desirable vacation destinations. Two additional new cabins coming in 2025 offer built-in expansion potential! Don't miss this opportunity to own your own Mountain Paradise ... a premium STR portfolio with proven financials and exceptional growth potential! List Price includes all seven cabins. Excellent 1031 Acquisition. Offering Memorandum with individual cabin details, including financials, available upon request.
Features
Bathrooms
- 2 total bathrooms
- 2 bathrooms on main level
- 2 full bathrooms
- 2 full bathrooms on main level
Bedrooms
- 2 bedrooms
- 2 bedrooms on main level
Building
- 1,080 sqft living area
- 1,080 sqft above grade (finished)
- Built in 2015
- Structure Type: Detached
- 1 levels
- Cabin/Lodge
- Frame
Cooling
- Central Air
- Electric
- Central A/C
Foundation
- Slab
Heating
- Electric
- Heat Pump(s)
Listing
- 15 days on market
- $2,314 per sqft
- Property SubType: Single Family Residential
Location
- County: Page
- Subdivision: None Available
Lot
- 139,828 sqft
- 3.21 acres
Property
- Other Structures: Above Grade,Below Grade
Schools
- School District: PAGE COUNTY PUBLIC SCHOOLS
Sewer
- On Site Septic
Taxes
- County Tax: $1,534
- County Tax Pymnt Freq: Annually
- Tax Annual Amount: $1,534
- Tax Year: 2022
Utilities
- Hot Water: Electric
Property Map
Map View
$2,499,000 - 1076 Overlook Drive, Rileyville, VA 22650
Street View
Directions
1076 Overlook Drive
Rileyville, VA 22650
County: Page
Nearby Schools
Local Sales
This content last updated on January 11, 2025 7:04AM.