Robert Frost Mountain Cabins 2430 N Branch Rd 7 Room Hotel Ripton, VT 05766 $2,699,000 ($385,571/Room) 11.69% Cap Rate
INVESTMENT HIGHLIGHTS
- 112 +/- acres surrounded by the Green Mountain National Forest- no further surrounding development beyond the property
- Large main house; a simple business model that minimizes labor & cost of goods providing a quality guest experience with high profitability
- 7 highly revenue producing cabins ; permitted and water & septic created to add 3 more cabins
EXECUTIVE SUMMARY
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!
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS Under Contract
| Price | $2,699,000 |
| Price Per Room | $385,571 |
| Sale Type | Investment |
| Cap Rate | 11.69% |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 112.00 AC |
| Building Size | 2,024 SF |
| No. Rooms | 7 |
| No. Stories | 2 |
| Year Built | 2012 |
| Parking Ratio | 3.95/1,000 SF |
| Corridor | Exterior |
| Zoning | LD R 10 Zoning District - Zoned commercial/residential. |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
- Multi-Room Suites
ABOUT 2430 N BRANCH RD , RIPTON, VT 05766
The property includes a 2,042 square foot main house that was completely renovated in 2024. The Main House has 3 bedrooms, 2 & 1/2 baths, 1 office; large living room, dining room, kitchen, laundry/mud room, 508 sq ft deck and 550 sq ft basement. Property also has and ADU/In-law apartment built in 2021 - 606 sq ft. Property contains a 3,200 sq ft 2-story timber frame recreation/work area plus a 543 sq ft Equipment storage shed. The property houses 7 cabins (750 sq ft each ) fully furnished with private baths, full kitchens two bedrooms, fireplaces and screened in porches.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 7 | $268.00 | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 522-164-10359 | Total Assessment | $945,800 |
| Land Assessment | $230,800 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $715,000 | Tax Year | 2024 |
