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20413062
20450470

Shumate Falls Rd, Glen Lyn, VA 24147

Vision Commercial Advisors, Inc.
Listed by Vision Commercial Advisors, Inc.
Unpriced
598 days on market
Updated 21 days ago

±1,515 Acres | Stunning Outdoor Resort | VA & WVA Border

Details
APN 12-5; 28-05-0006-0005-0000
Property Type Land
Sub Type Commercial, Hunting/Recreational (+1)
Acreage 1515.000
Zoning C-1, MR/C

±1,515 Acre | Stunning Outdoor Resort | Virginia & West Virginia Border

Marketing description

Vision Commercial Advisors, Inc., MR Real Estate and Bang Realty are pleased to present this rare opportunity to invest in a ±1,515-acre stunning recreational resort property located on the Virginia/West Virginia border with an income producing outdoor resort. From breathtaking mountain top views down to the easily accessible New River, this scenic property has so much to offer. Centrally located between Virginia, West Virginia, North Carolina, Ohio and Pennsylvania, this resort is within hours of population centers such as Charlotte, NC, Richmond, VA, Washington, DC, and Huntington, WV.

Effectively “a privately-owned state park,” this all-season resort opened several years ago as a campground. With 42 RV sites, 4 luxury yurts (which is a circular wood framework tent covered with canvas), and numerous wilderness campsites, this beautiful wooded property has facilities in place and can accommodate further RV/camping-oriented expansion. Approvals are in place for 23 cabins/treehouses on the Virginia side, while the West Virginia side offers an abundance of expansion opportunities. A newly paved 2 mile road provides easy, scenic access to the property off of Highway 460 along the New River.

In addition to campground/RV facilities, millions of dollars worth of infrastructure have been added to diversified streams of revenue, such as the Amish-built timber-framed wedding and corporate event venue with accommodations, sales of UTV & motorcycle trail passes, a state-of-the-art clay shooting course and 5-stand clay shooting, river outfitters, and facilities for large camping-oriented gatherings, events and festivals.

Located on one of the rare, secluded stretches of the New River unaffected by the noise of freight trains, the resort offers guests world-class fishing and world-class motorsport riding. Over 60 miles of interlocking UTV trails, and approximately 100 miles of single-track trails for dirt bike riding, horses, mountain biking and hiking offer some of the most majestic views the Appalachian Mountains have to offer. The trail systems and training courses continue to provide the ideal setting for enduro, motocross racing, training events and schools hosted by some of the world’s best riders. While investments have been made for future profitability and personnel are in place to run the variety of operations, health issues of key management have limited the time and attention required to stabilize income. This unique scenario presents a rare opportunity for an astute investor.

Investment highlights

  • Total Sites: 66 | 42 RV Sites | 15 Primitive Campsites | 5

    Wilderness Campsites | 4 Yurts

  • Various site types including: 30-AMP and 50-AMP electric, 42

    full hook-ups, pull-through and back-in

  • Utilities include: water (well), sewer (septic) and electric

    (Appalachian Power), internet

  • Site and facility features include: patio, clubhouse (“Ed’s Place”),

    table and fire ring, room for slideouts, Wi-Fi, guest reception,

    restroom and showers and a laundry facility

  • 4 luxury yurts (which is a circular wood framework tent covered

    with canvas)

  • State-of-the-art clay shooting course and 5-stand clay shooting

  • Amish-built timber-framed wedding and corporate event venue

  • World-class fishing and world-class motorsport riding

  • 60 miles of interlocking UTV trails, and approximately 100 miles

    of single-track trails for dirt bike riding, horse riding, mountain

    biking and hiking

  • Room for immediate RV site expansion, approvals are in place

    for 23 cabins/treehouses on the Virginia side, while the West

    Virginia side offers an abundance of expansion opportunities

  • Bang Realty - WV License #: WVB200300608

  • MR Real Estate Team - VA License Number: 225249180

Listing Contacts

Vision Commercial Advisors, Inc.
Listed by Vision Commercial Advisors, Inc.

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