For Sale
$1,890,000

7847 Rockfish Valley HwyAfton, VA 22920

Turn-key, profitable motel in Virginia's wine country.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional turn-key boutique motel, located at 7847 Rockfish Valley Hwy in Afton, Virginia (zip code 22920), presents a lucrative investment opportunity. The property boasts two buildings totaling 5,916 square feet on a 1.83-acre lot, featuring a 7-unit motel with a common area and coffee shop, plus a separate 3-bedroom cottage. Built in 1958 and extensively renovated in 2022, this property benefits from rare B1 zoning on Route 151, placing it in the heart of Nelson County's thriving tourism scene, near breweries, wineries, wedding venues, and hiking trails. The motel offers guests a convenient contact-free self-check-in system with WiFi smart locks, comfortable memory foam bedding, and a spacious backyard with fire pits. Financial performance for 2023 (its first full year of operation) shows a gross revenue of $270,000, a 36% occupancy rate, an average daily rate (ADR) of $209, and 45% direct bookings. The property enjoys high ratings, with a 4.91 Airbnb Superhost rating (based on 190+ reviews) and a 4.8 Google rating (based on 50+ reviews). This is a unique opportunity for an investor seeking a profitable addition to their portfolio or for an owner-operator looking to manage their own lodging establishment. The asking price is $1,890,000.

Highlights

  • Turn-key boutique motel in Afton, VA (22920) with strong revenue potential.
  • Two buildings totaling 5,916 sq ft on a 1.83-acre lot, including a 7-unit motel with a common area and coffee shop, plus a 3-bedroom cottage.
  • Extensive renovations completed in 2022; rare B1 zoning on Route 151 in a prime tourism location.
  • 2023 gross revenue of $270,000, 36% occupancy, $209 ADR, and 45% direct bookings.
  • High guest ratings: 4.91 Airbnb Superhost (190+ reviews) and 4.8 Google rating (50+ reviews).
  • Asking price: $1,890,000.

Property Details for 7847 Rockfish Valley Hwy

Property type
Hospitality properties, Motels
Square Feet
5,916 SF
Year Built/Renovated
1958/2022
Buildings
2
Stories
1
Lot Size (sq. ft)
79,715 SF

Location Insight

City
Afton
County
Nelson
State
Virginia
Latitude
37.949252734133
Longitude
-78.835407643901
7847 Rockfish Valley Hwy, Afton, Virginia

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7847 Rockfish Valley Hwy
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