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A1053 - Angels Rest Hiker's Haven 204 Douglas Ln 5 Room Hostel Pearisburg, VA 24134 $200,000 ($40,000/Room)



Investment Highlights
- Close to Appalachian & Allegheny Trails
- Income Producing
- Restaurants Nearby
Executive Summary
Auction Property: List price may not reflect final sales price. Tract 2 in this Sealed Bid Auction presents a unique & established hospitality opportunity with Angels Rest Hiker's Haven, a well-known hostel & campground serving travelers, outdoor enthusiasts, & hikers. This versatile property offers a collection of functional structures & guest accommodations designed to support high visitor turnover & a comfortable guest experience. Its close proximity to the Appalachian & Allegheny Trails makes this the ideal resting spot for adventure seekers. The property includes a 140 SF check-in office (Shoffice), a 952 sq. ft. mobile home (The Rest) with two rentable guest rooms, a 576 SF bunkhouse outfitted with 14 beds to accommodate larger hiking groups or budget-minded travelers, guests can also stay in the charming 140 SF Relax Shack - a cozy rentable cabin alternative. Outdoor accommodations include 5 RV sites with 30-amp electric hookups (there is an additional 30-amp hookup that has been used as an EV Charging Station) and approximately 30 tent sites (RV Dump Station onsite). There is also a Bathhouse complete with 3 Full Bathrooms, Kitchenette, & Laundry Room. Well-known among hikers & travelers, this property is ready for continued operation and growth. See website/documents for additional information & don't miss the chance to own this established, income-producing lodging & campground in this sealed bid auction.
Property Facts Under Contract
| Price | $200,000 | Building Size | 2,208 SF |
| Price Per Room | $40,000 | No. Rooms | 5 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1966 |
| Property Subtype | Hostel | Parking Ratio | 3.25/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 4.77 AC | ||
| Zoning | AR-1 - See Special Use Permit in Documents. | ||
| Price | $200,000 |
| Price Per Room | $40,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hostel |
| Building Class | C |
| Lot Size | 4.77 AC |
| Building Size | 2,208 SF |
| No. Rooms | 5 |
| No. Stories | 1 |
| Year Built | 1966 |
| Parking Ratio | 3.25/1,000 SF |
| Corridor | Exterior |
| Zoning | AR-1 - See Special Use Permit in Documents. |
Amenities
- Shuttle Service
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 5 | $67.00 | - |
1 1
Property Taxes
| Parcel Number | 40D-7-2 | Improvements Assessment | $19,200 |
| Land Assessment | $35,000 | Total Assessment | $54,200 |
Property Taxes
Parcel Number
40D-7-2
Land Assessment
$35,000
Improvements Assessment
$19,200
Total Assessment
$54,200
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A1053 - Angels Rest Hiker's Haven | 204 Douglas Ln
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