$2,499,000
- Beds
- 2
- Baths
- 2.0
- sq ft
- 1,080
1076 Overlook Dr, Rileyville, VA 22650
1076 Overlook Dr
RILEYVILLE, VA 22650
- 7 days on market
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.
Details
Property type
Single Family Residence
Lot size
3.21 acres
Price per sq ft
$2,314
Year built
2015
Annual property taxes
$1,534
HOA
No
Price History
12/27/2024
Bright #VAPA2004304
Listed
$2,499,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
School district:
PAGE COUNTY PUBLIC SCHOOLS
Status: Active
Tomo last checked: 01/03/2025 at 2:25 AM
Listing updated: 12/27/2024 at 5:39 PM
Listed by: Aaron Nichols, Real Broker, LLC Phone #: (855) 450-0442
MLS: Bright #VAPA2004304
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