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    Property profile & analytics
    OFF-MARKET Estimated value $825,000
    Hotels

    7847 Rockfish Vly Hwy, Afton, VA 22920-3203

    4,620 SF 1 ac lot Built 1958
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US87-2854638
    Property summary
    AI-generated overview

    Nestled on 1.83 acres along the scenic Nelson 151 Brew Ridge Trail in Afton, Virginia, this exceptional property presents a unique investment opportunity. The turnkey operation comprises a trendy 7-unit boutique motel and a separate 3-bedroom cottage, totaling 5,916 square feet. The motel boasts a common area and coffee shop, offering guests a convenient and welcoming atmosphere. Guests enjoy amenities such as contact-free self-check-in with WiFi smart locks and comfortable memory foam bedding. The expansive backyard features fire pits, providing a relaxing outdoor space. The property benefits from highly desirable B-1 zoning on Route 151, placing it in the heart of Virginia's thriving wine, brewery, wedding, and hiking scene. Financial performance in 2023 (its first full year of operation) demonstrates strong potential, with $270,000 in gross revenue, a 36% occupancy rate, an average daily rate (ADR) of $209, and 45% direct bookings. The property enjoys excellent online reviews, boasting a 4.91 Airbnb Superhost rating (based on 190+ reviews) and a 4.8 Google rating (50+ reviews). This established business offers immediate income generation and significant upside potential for growth. The prime location and high demand for lodging in this popular tourist destination make this a truly exceptional investment opportunity. The property is offered at $1,890,000.

    Property profile
    Verified
    Property type Hotels
    Use group HOTEL/MOTEL
    Year built 1958
    Construction FRAME
    Total area 4,620 SF
    Lot 1 ac (43,560 SF)
    APN 12 A 143
    UPID US87-2854638
    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
    Current use
    Occupant on record · Public records
    • Basecamp151 Hotel & Motel
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $870k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $825k
    Owner & transaction history
    Basecamp 151 LLC · 4 yrs held
    Basecamp 151 LLC
    since 2022
    Last sale
    $800,000
    5 recorded transactions
    2023
    2022
    $800,000
    2021
    2020
    2010
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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