5024 LEEDS MANOR ROAD, Hume, VA 22639
Fully furnished event property with a saltwater pool and accommodations for large groups.
Property Features for 5024 LEEDS MANOR ROAD
General Information
Additional Details
Taxes and HOA fees
Amenities
Building Details
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Investment Insights
Based on property information with market context.
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 |
Alternative Uses
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Location Intelligence
Trade Area within ½ mile
Demographics for 22639, VA
Market
Vacancy Rate% for Multifamily in South region