870 Shipyard Rd Shenandoah, VA 22849
- Residential income homes
- 3,432 SF
- 3.71 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 870 Shipyard Rd
- Lot size
- 3.71 lot acres
- Property size
- 3,432 SF
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents two fully renovated, Class A Airbnbs situated on a 3.71-acre riverfront lot in Shenandoah, VA (zip code 22849, address 870 Shipyard Rd). Boasting a combined 3,432 square feet, the property includes six bedrooms across two units, each featuring welcoming interiors and spacious outdoor areas complete with hot tubs. Located along the scenic South Fork of the Shenandoah River, this property offers direct water access, perfect for fishing and kayaking. Breathtaking views and proximity to hiking trails, national parks, and local attractions ensure consistent bookings and a proven track record of short-term rental success. The property includes five tax map parcels and presents further income potential through the completion of an unfinished cottage and garage. This turnkey operation is ideal for expanding an investment portfolio or establishing a distinctive retreat experience. The asking price is $1,100,000 and is eligible for a 1031 exchange.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shenandoah
- County
- Page
- State
- Virginia
- Longitude
- -78.634345
- Latitude
- 38.505317
