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1076 OVERLOOK DRIVE, Rileyville, VA 22650
$2,499,000 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
2
baths
1,080
sqft
Built in
2015
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.
Features & Amenities
Interior
- A/C:
- Central A/C
- Heating:
- Y, Heat Pump(s), Electric
- Disability Feature:
- None
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Cabin/Lodge
Construction
- General:
- Frame, 1, Slab
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- PAGE COUNTY PUBLIC SCHOOLS
- County:
- PAGE
Lot
- Zoning:
- R, 17 3 86
- Current Use:
- 21
Utilities
- Water:
- Well
- Sewer:
- On Site Septic
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
Real Broker, LLC, Aaron Nichols
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Rileyville, VA
Housing
- Number of Units
- 449
- Median Home Value
- $191,218
- Median Rent
- $351
12.35% of housing units are renter occupied.
26.06% are vacant.
Commute
- Car
-
92.35%
- Public Transportation
-
0.00%
- Walk to Work
-
0.08%
- Work from Home
-
7.56%
- Other
-
0.01%
The median travel time to work is 33 minutes.
People
- Population
- 801
- Median Age
- 48.50
- Median Household Size
- 2.45
Education
- High School
-
43.31%
- Associate’s Degree
-
3.96%
- Bachelor’s Degree
-
10.17%
- Graduate Degree
-
11.15%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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