Residential Land with Home for Sale in Rileyville, Virginia
1076 Overlook Dr Rileyville, VA 22650
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 1/4 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.
Location
- Street Address
- 1076 Overlook Dr
- County
- Page County
- School District
- Page County Public Schools
- Elevation
- 1,650 feet
Property details
- MLS Number
- TREND VAPA2004304
- Date Posted
Property taxes
- Recent
- $1,534
Detailed attributes
Listing
- Type
- Residential
- Subtype
- Cabin
Structure
- Cooling
- Central A/C
- Heating
- Heat Pump
Interior
- Rooms
- Bathroom x 2, Bedroom x 2
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Dec 27, 2024 | New listing | $2,499,000 | — | TREND |