Resort Hospitality Portfolio 2 Specialty Properties Offered at $2,766,780 CAD in Snowshoe, WV

This listing is for two vacation rental properties at a ski resort in the Appellation Mountains of West Virginia. One house is a 9BR/6BA that sleeps 23 and the other home is a 5BR/4BA that sleeps 12. The two properties combined produce top line revenue of over $300,000 annually. Cap rate does NOT include Real Estate appreciation. This is a turn-key short-term rental operation that includes:
- Fee simple deed to the two developed properties, including all furnishings and linen stock.
- Transfer of our database of 400 past guests and transfer of the property management software license.
- Transfer of channel accounts linked to the property mgt software
- Transfer of the URL’s and Social Media Accounts for the properties
- Transfer of our Pricing algorithm account connected to the properties
- Assignment of our contract with our off-site communications manager who handles guest communications and coordination of contractor services
- Assignment of our contract with various contractors who perform valuable services, including cleaning, maintenance, and hot tub service providers.
- A comprehensive list of vendors for firewood, propane, plowing, pest control, appliance repair, and other services.
Owner has relocated for retirement and is now too far away to manage the properties effectively.
We already have $90k in bookings for next winter's ski season as of July 10th.