Chalet High
Multifamily | 76 Units
Marketing description
CPG Realty, LLC, as exclusive representative of the Seller, is pleased to present Chalet High, a 76-unit residential community located within the Bryce Resort in Basye, Virginia. The Property represents a unique opportunity to acquire an established community of townhomes and single-family homes, previously operated as a timeshare vacation rental facility, now offered fee simple and unencumbered by leases. The Property offers exceptional flexibility for a range of investment strategies, including repositioning as a short-term or long-term rental portfolio, individual unit sales, or a mixed disposition model. Chalet High offers an exceptional opportunity to acquire a large, contiguous portfolio of resort-area residential units with a wide range of redevelopment or investment paths. Whether repositioned as a short-term rental operation, a long-term rental community, or redeveloped for individual resale, the Property combines scale, flexibility, and location within one of Virginia’s most recognized mountain resort destinations.
Investment highlights
• 76 total units including 69 townhomes and 7 single-family homes
• Clubhouse with indoor pool and community amenities
• 5 additional vacant lots for potential expansion or resale
• Fee simple ownership, free and clear of timeshare or lease obligations
• Located within Bryce Resort, adjacent to golf, ski, and recreation amenities
• Multiple investment strategies: short-term rental, long-term rental, or resale
• Approximately 115 miles from Washington, D.C., easily accessible via I-81
• Strong demand for resort-area rental housing and vacation properties
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