BASECAMP151 Boutique Motel + Cottage Nelson County
Afton, VA
Offered for sale at $1,890,000
Dreaming of owning a trendy Boutique Motel in a hot tourism market? Here’s a rare opportunity to acquire a turn-key and profitable 7-unit motel plus cottage and coffee shop in the heart of Virginia’s “Brew Ridge Trail”.
Surrounded by dozens of wineries and breweries and just a short hop to Wintergreen Resort, the Blue Ridge Parkway, and Shenandoah National Park with some of the best hiking in Virginia, Basecamp151 is the go-to lodging choice for solo hikers, couples seeking a getaway to the gorgeous countryside, or larger groups such as bachelorette parties hopping around the Nelson and Albemarle wineries!
The 7-unit motel features multiple room types ranging from a full 1-bedroom apartment with kitchen, larger suites with two queen beds, and comfortable king suites. Each has its own private bathroom, a dedicated mini split, and modern furnishings. The large backyard has multiple fire pits for guests, plus a terraced front porch overlooking Rt 151.
Basecamp Cottage is a 3-bedroom, 2-bathroom house next door to the motel that is a popular weekend rental for groups with 2 king rooms and a bunk room that sleeps 3. The open floorplan features a large kitchen with a dining area plus a large front porch with Blue Ridge Mountain views.
The motel’s common area features a satellite coffee shop location of Crucible Coffee featuring gourmet coffee and light food options that is open to the public. Boasting comfy lounge furniture and a large TV, the common area is a great space for groups to gather after a long day on the trails (whether it be hiking or wineries!).
The fully remodeled property is now available for an investor to enjoy the growing returns of the existing operations, plus allow for continued growth through new revenue streams. Rare B-2 Zoning with high-visibility frontage right on popular Rt. 151 allows for a variety of expansion opportunities. Or live on-site and enjoy life in the picturesque Rockfish Valley while the business pays for all your living expenses!
2023 Figures:
$269,399.98 gross revenue
36% occupancy rate
$209.42 ADR
45% of bookings come direct through our website
Don’t miss this opportunity! Call Broker/Owner Chase Hoover for more information today.
Be sure to check out the video tour: https://www.dropbox.com/scl/fi/f7qtgc91g48u76n8pee8f/Basecamp-151.mov?rlkey=l47tvplp2iohco2xd3g5e61os&dl=0
Property Details- 10 Guest Rooms
- 9 Guest Room Baths
- Has Owner's Quarters
- Last Renovated in 2022
- Opened in 2022
- Building is 5,916 SQFT
- Lot is 1.83 Acres
- Photo Gallery
- Property Website
Financial Details- Offered for sale at $1,890,000
- Occupancy Rate: 36%
- Average Daily Rate: $210
- Annual revenue is $270,000
- Terms: More financial information can be shared with signed NDA - contact Chase for NDA chase.hoover@cottonwood.com
- Prequalify for Financing
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