1076 OVERLOOK DR Active

Rileyville,VA 22650

$ 2499000

2 Beds

2 Baths

1080 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,080 sqft

Price per Sqft $2,313

MLS Listing ID VAPA2004304

Style Cabin

Bedrooms 2

Full Baths 2

Year Built 2015

Annual Tax Amount $1,534

Tax Year 2022

Lot Size 3.210 Acres

Acres 3.21

Property Sub-Type Detached

Property 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

Location

State VA

County Page

Area Page

Zoning R-1 Residential

Interior

Heating Electric,Heat Pump

Cooling Central AC

Building

Story 1 Story

Foundation Concrete Slab

Sewer Septic Tank

Water Individual Well

Level or Stories 1 Story

New Construction No

Others

SqFt Source Public Records

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