2430 N Branch Rd - Hospitality FOR SALE


Ripton, VT 05766
$2,699,000 USD
802-279-4333
2430 N Branch Rd, Ripton, VT for Sale
$2,699,000 USD
Hospitality - FOR SALE
1/5
null | 11.69% Cap Rate

2430 N Branch Rd
Ripton, VT 05766


HIGHLIGHTS

  • 112 +/- acres surrounded by the Green Mountain National Forest- no further surrounding development beyond the property
  • 7 highly revenue producing cabins ; permitted and water & septic created to add 3 more cabins
  • Large main house; a simple business model that minimizes labor & cost of goods providing a quality guest experience with high profitability

OVERVIEW

This 112 +/- acre property is located in the heart of the Green Mountain National Forest in central Vermont. The property houses a main residence, some out buildings and 7 revenue producing cabins. With over a 70% occupancy year round, these cabins generate a terrific cash flow for the property. This property generates a very attractive 11.69% Cap Rate!

FOR SALE DETAILS

PRICE

$2,699,000 USD

PRICE/SF

$1,333 USD /SF

# OF ROOMS

7

PRICE/ROOM

$385,571 {currency}

CAP RATE

11.69%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Robert Frost Mountain Cabins

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

2012

PARKING SPACES

8

LAND DETAILS

LAND ACRES

112 AC

LAND SF

4,878,720 SF

ZONING

LD R 10 Zoning District

APN/PARCEL ID

522-164-10359

ASK ABOUT THIS PROPERTY

Tim PiperHearthside GroupMore Info
802-279-4333

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Tim PiperHearthside GroupMore Info
802-279-4333

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