Stanley, VA 145k Grossing Cabin

This is it look not further for a great investment opportunity. This six-figure revenue-producing rental lodge on the Blue Ridge Mountains in the historic Shenandoah Valley located near Luray, Luray Caverns, Shenandoah National Park, and the legendary Shenandoah River has it all. This lodge produced $145,788.67 in rental revenue for 2021 and has been in business since 2009. This does NOT include cleaning fees, taxes, or any other additional fees. It is strictly rental revenue. Lodge is in the process of being stained and sealed. This spacious property is an active listing on VRBO with an excellent review status of 4.7 Stars. For reviews and additional information regarding upcoming booking please visit VRBO and search” Gameroom Blue Ridge Mountain Views Hot Tub Luray ” or Property # 4695679ha. The three bedrooms, three bath lodge has massive deck space, a soaring ceiling in the family room area with a huge fireplace, entertainment area, and many recent updates. Included within the updates are the kitchen counters, some furniture, and other items to keep the cabin well maintained for short-term rentals such as new landscaping and new stain on the exterior of all the house. The property is easily accessed without steep roads and just minutes from downtown Luray. Please note this property price is reflective of a residential unit and not short-term rental. Should the purchaser like to continue utilizing this property as a Short-Term Rental the purchaser will agree to pay $150,000 for the business use, furnishings, and digital media. If property is purchased without purchasing the business, restriction will be placed on the deed at settlement to not allow new owners to operate this lodge as a short-term rental for a period of two years. This property will not last long.

https://www.vrbo.com/4695679ha

Listed by:

Nina Fox 540-860-8710

Funkhouser Real Estate Group

Source: Bright MLS,MLS#: VAPA2001326

See more details for 259 Log Home Pl, Stanley, VA 22851 on Zillow

Facts and features

• Single family residence
• 3 bedrooms
• 3 bathrooms
• Built in 2009
• Heat pump, propane – owned
• Central a/c, electric
• Open parking
• $6 annually HOA fee
• 3.16 Acres
• $184 price/sqft

Interior details

Bedrooms and bathrooms

• Bedrooms: 3
• Bathrooms: 3
• Full bathrooms: 3
• Main level bathrooms: 2
• Main level bedrooms: 2

Basement

• Area: 2440

Basement

• Basement: Walkout Level

Heating

• Heating features: Heat Pump, Propane – Owned

Cooling

• Cooling features: Central A/C, Electric

Appliances

• Appliances included: Propane Water Heater

Other interior features

• Total interior livable area: 4,880 sqft
• Finished area above ground: 2,440
• Finished area below ground: 2,440
• Virtual tour: View virtual tour

Property details

Parking

• Parking features: Driveway
• Has uncovered spaces: Yes

Accessibility

• Accessibility features: Accessible Doors

Property

• Levels: Two
• Stories: 2
• Pool features: None

Lot

• Lot size: 3.16 Acres

Other property information

• Additional structures included: Above Grade, Below Grade
• Parcel number: 59 1 2A
• Zoning: R
• Special conditions: Standard

Construction details

Type and style

• Home type: SingleFamily
• Architectural style: Cabin/Lodge,Log Home
• Property subType: Single Family Residence

Material information

• Construction materials: Log
• Foundation: Block

Condition

• New construction: No
• Year built: 2009

Utilities / Green Energy Details

Utility

• Sewer information: On Site Septic
• Water information: Well-Shared

Community and Neighborhood Details

Location

• Region: Stanley
• Subdivision: Battle Creek Forest

HOA and financial details

HOA

• Has HOA: Yes
• HOA fee: $6 annually

Other financial information

• Annual tax amount: $2,334
• Buyer agency compensation: % Of Gross2.5

Other

Other facts

• Listing Agreement: Exclusive Right To Sell
• Ownership: Fee Simple