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Historic Wedding Venue
For Sale
$2,295,000

5024 LEEDS MANOR ROAD, Hume, VA 22639

Fully furnished event property with a saltwater pool and accommodations for large groups.

Property Size5,102 SF
Days on Market316

Property Features for 5024 LEEDS MANOR ROAD

General Information

Standard status Active
Size 5,102 SF
Property subtype Special Purpose

Additional Details

Furnished Yes

Taxes and HOA fees

Annual Taxes $8,762

Amenities

saltwater pool

Building Details

Building Size 5,102 SF
Year Built 1787
Listing Agency: TMG INC
Listed By: Anna M Greves · License #0225041953
Source: Barnesrealestatecompany
Added: Sep 25, 2025 Changed: Aug 5 Last Checked: Aug 5 at 5:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TMG INC

Investment Insights

Based on property information with market context.

Built in 1787, this historic property operates as a wedding and reception venue with furnished accommodations for large groups and medium-size meetings. The improvements include upscale king-size beds, sofas, dining furnishings, top-of-the-line appliances, and a saltwater pool. The property was fully renovated by the present owner and is positioned for event, hospitality, and short-term rental use.

The venue is located at 5024 Leeds Manor Road in Hume, Virginia, near Virginia wineries and Shenandoah National Park. The setting also supports weddings, receptions, family reunions, weekend stays, and other group events. Historical significance is a central physical and operating feature: the property was originally built as a tavern, was used during the Civil War, and is listed on the National Historical Registry.

Key Highlights

  • 1787‑built property listed on the National Historical Registry
  • Established wedding and reception venue with furnished group accommodations
  • Fully renovated by the present owner

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $150.0k $29.40
− Vacancy −$7.8k −$1.53
EGI $142.2k $27.87
− OpEx −$64.0k −$12.54
NOI $78.2k $15.33
5,102 SF · lease $29.40/SF/yr · vacancy 5.20% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.12M
$977.6K – $1.30M (±1% cap)
NOI $78,209 @ 7.0% cap · market cap 3.41%
Second Best
Hotel Hospitality
$669.0K
$585.4K – $780.6K (±1% cap)
NOI $46,833 @ 7.0% cap · market cap 2.04%
Theoretical Best
Specialty Retail
$2.83M
$2.48M – $3.31M (±1% cap)
NOI $198,366 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Barbee's X-ing Hotel & Motel Alpha Pools Inc General Contractor

Suggested Use

Top Pick Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 22639, VA

664
Population
288
Households
2.3
Avg Household Size
53
Median Age
27%
College-Educated
70%
High-School Grad
32.7 sq mi
ZIP Area
20
Density / Sq Mi
$81,890
Median Household Income
$62,083
Median Earnings
$477,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Wedding venue - Fully furnished event property with a saltwater pool and accommodations for large groups.
Where is this wedding venue located?
The property is located at 5024 LEEDS MANOR ROAD Hume, VA.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: 1787‑built property listed on the National Historical Registry; Established wedding and reception venue with furnished group accommodations; Fully renovated by the present owner
More about this property
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