1076 Overlook Drive, Rileyville, VA 22650 (MLS # 2432280)
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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! Established rental portfolio website included. 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! Excellent 1031 Acquisition. Offering Memorandum with individual cabin details, including financials, available upon request.
| DAYS ON MARKET | 6 | LAST UPDATED | 12/27/2024 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 2015 |
| COMMUNITY | 244 - Page | COUNTY | Page |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Springfield |
|---|---|
| Jr. High School | Luray |
| High School | Luray |
| ADDITIONAL DETAILS | |
| AIR | Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 244 - Page |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Frame, Vinyl Siding, Wood Siding |
| HEAT | Electric, Heat Pump |
| LOT | 3.21 acre(s) |
| LOT DESCRIPTION | Wooded |
| POOL DESCRIPTION | None |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | Bungalow, Cottage |
| SUBDIVISION | None |
| TAXES | 1533.74 |
| WATER | Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Last Updated: 1/2/25 7:09 AM PST
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