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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 1 LAST UPDATED 12/27/2024
TRACT None YEAR BUILT 2015
COMMUNITY 244 - Page COUNTY Page
STATUS Active PROPERTY TYPE(S) Single Family

SCHOOLS
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

0
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*Estimate only

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Listed with Real Broker LLC

All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing

Last Updated: 12/28/24 4:57 AM PST

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