23095 Buena Vista Rd - Apartments FOR SALE


Rockbridge, OH 43149
$3,499,999 USD
614-561-1972
23095 Buena Vista Rd, Rockbridge, OH for Sale
$3,499,999 USD
Apartments - FOR SALE
1/56
null | Request Cap Rate

23095 Buena Vista Rd
Rockbridge, OH 43149


HIGHLIGHTS

  • Indoor Pool
  • Short and Long Term rentals: Cabins, townhomes, manor, cape code.

OVERVIEW

Rare opportunity to acquire an established hospitality portfolio in the heart of Hocking Hills combining diversified revenue streams, proven operating history, and future upside. Deer Run Manor consists of four established short-term rental accommodations and seven long-term rental units on approximately 25 acres, creating a unique investment opportunity rarely available in today's market. The STR portfolio includes the flagship Deer Run Manor, a luxury 5-bedroom, 5.5-bath lodge with a private indoor pool accommodating up to 16 guests. Additional rentals include Gray Manor (1BR/1.5BA, sleeps 6), Brown Manor (1BR/1.5BA, sleeps 6), and the Red A-Frame (2BR/1BA, sleeps 6). Each unit is part of an established rental operation benefiting from Hocking Hills' year-round tourism. Complementing the STR business are seven long-term rental units providing stable monthly cash flow and reducing dependence on seasonal vacation rentals. The LTR portfolio includes two three-unit townhome buildings (six 3-bedroom units) plus a separately rented farmhouse. Several units are below current market rents, providing immediate value-add potential through future rent increases. The property also offers multiple additional building sites, creating opportunities to expand the STR portfolio or further develop the property, subject to applicable approvals. Unlike many Hocking Hills offerings that rely solely on vacation rentals, Deer Run Manor provides diversified income through both hospitality and residential rentals, offering greater stability and long-term growth potential. Whether your strategy is maximizing cash flow, expanding operations, or building long-term equity, this turnkey investment delivers proven performance with significant upside. Historical financials, operating information, and additional investment details are available to qualified buyers upon request.

FOR SALE DETAILS

PRICE

$3,499,999 USD

PRICE/SF

$292 USD /SF

# OF UNITS

11

PRICE/UNIT

$318,182

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Deer Run Manor Cabins

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1995

PARKING SPACES

-

LAND DETAILS

LAND ACRES

23.42 AC

LAND SF

1,020,175 SF

ZONING

-

APN/PARCEL ID

05-000275.0101

ASK ABOUT THIS PROPERTY

Thomas KnechtRe/Max ApexMore Info
614-561-1972

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Thomas KnechtRe/Max ApexMore Info
614-561-1972

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.