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    FOR SALE
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    2 S Court St Luray, VA 22835

    11,000 SF Built 1933
    Property ID
    US87-1196754
    2 S Court St, Luray, VA 22835 For Sale 1 / 18
    Contact for pricing 11,000 SF
    2 S Court St, Luray, VA 22835
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    Property summary
    AI-generated overview

    Uncover the potential of this exceptional hospitality investment opportunity! This 11,000 square foot property, built in 1933 and meticulously renovated in 2015, presents 12 boutique rooms designed for the discerning limited-service investor for apartments, Air BnB, or hotel. Strategically located in the vibrant Luray area, this building is zoned B1, offering a prime location for leveraging its proximity to key attractions. The property's timeless architecture and modern amenities make it a compelling choice for investors seeking to capitalize on the dynamic hospitality market. Don't miss the chance to acquire this meticulously maintained property, poised to deliver exceptional returns in the thriving Luray market. Additional lot on Main St is included in the price.

    Property profile
    Verified
    Property type Hotels
    Year built 1933
    Total area 11,000 SF
    UPID US87-1196754
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
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