1076 OVERLOOK DRIVE, Rileyville, VA 22650

  • $2,499,000
1076 OVERLOOK DRIVE, Rileyville, VA 22650
Active
1076 OVERLOOK DRIVE, Rileyville, VA 22650
1076 OVERLOOK DRIVE, Rileyville, VA 22650
  • $2,499,000

Overview

Property ID: VAPA2004304
  • Residential
  • Property Type
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 2015
  • Year Built
  • VAPA2004304
  • MLS#

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 ¼ 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.

  • Address 1076 OVERLOOK DRIVE
  • City Rileyville
  • State VA
  • Zip/Postal Code 22650
  • Area NONE AVAILABLE
  • Country US

Details

Updated on December 27, 2024 at 10:34 pm
  • Property ID: VAPA2004304
  • Price: $2,499,000
  • Land Area: 3.21 Acres
  • Bedrooms: 2
  • Bathrooms: 2
  • Garage Size: x x
  • Year Built: 2015
  • Property Type: Residential
  • Property Status: Active
  • MLS#: VAPA2004304

Additional details

  • Sewer: On Site Septic
  • Cooling: Central A/C
  • Heating: Heat Pump(s)
  • County: PAGE-VA
  • Property Type: Residential
  • Architectural Style: Cabin/Lodge

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