Six fully furnished luxury log cabins and restaurant for sale in beautiful Canaan Valley, WV. Cabin rentals include four luxurious honeymoon cabins and two family cabins (three bedroom/two bath). All cabins have an outdoor hot tub with privacy fence, gas log fireplace and spectacular mountain views. Honeymoon cabins feature showers for two plus heated floors and towel warmers in the bathrooms. Year round occupancy rate of 58% with an average room rate of $205/night. Rental revenue of $43,000/cabin/year. Cabin sales have increased every single year since starting with three cabins in 2002.
Located two miles south of Canaan Valley Resort and four miles south of Timberline Resort. Both resorts offer skiing, snowboarding, inter-tubing, hiking, biking, etc. Located two miles from riding stables, twelve miles from Blackwater Falls State Park, and nineteen from Seneca Rocks.
Sales price of $1.50 million. The real estate was recently appraised for $1.70 million. A copy of the June 2013 appraisal is available upon request.
Sales prices includes six cabins with all furnishings, restaurant with all furnishings, website - goldenanchorcabins.com, business records, equipment and equipment shed (Polaris Ranger with snow plow and cinder spreader, Scag mower, F350 and trailer) all located on 6.63 acres of prime real estate.
Restaurant is within walking distance of the cabins and seats up to 100 inside and 45 outside on a covered deck (May-Oct). The restaurant is located in what was once an old barn. Competent, capable staff in place. The restaurant currently serves dinner only. Stable restaurant sales of $300,000.00/year.
The cabins and restaurant were built by and are currently operated by a couple looking to retire / move onto another project. They currently live within walking distance of the property and their three bedroom/two bath home is available for sale for an additional $150,000.00.
Profitable fun business in one the most scenic areas on the East Coast.
- Built in 2002
- 10 years as B&B
- Last renovation in 2009
- For Sale By Owner
- 6 Guest Rooms
- 8 Guest Bathrooms
- Lot size: 6.63 acres
- 30 Parking Spots
- Has a restaraunt
- For Sale By Owner
- 58% annual. occ. rate
- $205.00 avg daily rate
- $560,000 gross revenue
- $260,000 room revenue
- $300,000 rest. revenue
18 Nautical Way Dryfork, WV 26263