1076 Overlook DR Active Save Request In-Person Tour Request Virtual Tour
Rileyville,VA 22650
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,080 sqft
Price per Sqft $2,313
MLS Listing ID 2432280
Style Bungalow,Cottage
Bedrooms 2
Full Baths 2
Construction Status Actual
HOA Y/N No
Year Built 2015
Annual Tax Amount $1,533
Tax Year 2024
Lot Size 3.210 Acres
Acres 3.21
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! 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.
Location
State VA
County Page
Area 244 - Page
Rooms
Basement Full
Interior
Heating Electric,Heat Pump
Cooling Heat Pump
Flooring Wood
Exterior
Exterior Feature Deck,Hot Tub/Spa,Porch
Fence None
Pool None
Roof Type Composition,Shingle
Porch Rear Porch,Deck,Porch
Garage No
Building
Lot Description Wooded
Story 1
Sewer Septic Tank
Water Well
Architectural Style Bungalow,Cottage
Level or Stories One
Structure Type Drywall,Frame,Vinyl Siding,Wood Siding
New Construction No
Construction Status Actual
Schools
Elementary Schools Springfield
Middle Schools Luray
High Schools Luray
Others
Tax ID 17-3-86
Ownership Corporate
Special Listing Condition Corporate Listing