1076 Overlook Dr, RILEYVILLE, VA 22650 (MLS # VAPA2004304)

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PRICE $2,499,000 dsIDX morgage calculator
BEDS 2
BATHS 2
HOME SIZE 1,080 sqft
LOT SIZE 3.21 ac

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

DAYS ON MARKET 17 LAST UPDATED 12/27/2024
TRACT NONE YEAR BUILT 2015
COUNTY Page STATUS Active
PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
HEAT Electric, Heat Pump
LOT 3.21 acre(s)
SEWER Septic Tank
STYLE Cabin
SUBDIVISION NONE
TAXES 1534
WATER Well, Private
ZONING R-1 Residential
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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