Remarks

Basecamp151 is a trendy boutique motel in one of Virginia’s hottest tourism destinations. This is a fantastic opportunity for an investor seeking a unique, turn-key portfolio addition or for an owner-operator to move on-site and run their own boutique lodging facility. The property consists of two parcels, a 7-unit motel with a common area and coffee shop, and a separate 3-bedroom cottage. Located right on Nelson 151 “Brew Ridge Trail” in the middle of some of Virginia’s best breweries, wineries, wedding venues, and hiking. Guests love the contact-free self-check-in option with WiFi smart locks, lush memory foam bedding, and the large backyard with fire pits. Rare B-1 zoning on Rt. 151. 2023 figures (first full year in operation): $270k gross revenue, 36% occupancy, $209 ADR, 45% direct bookings. Highly rated with a 4.91 Airbnb Superhost rating (190+ reviews), and 4.8 Google rating (50+ reviews). The sky is the limit on this great property, reach out today before it’s too late!

Details

MLS#: 658136
Price: $1,890,000

Style: Building
Sq Ft: 5916

Tax Fee: 3166