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29304241
29304242

2975 Fairway Dr, Basye, VA 22810

MC
MD 585098
CPG
AB
MD MD 3026507
CPG Realty
Listed by CPG, CPG Realty
Unpriced
135 days on market
Updated 135 days ago

Chalet High

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Net Rentable (SqFt) 86,528
Units 76
Investment Type Value Add

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

Listing Contacts

MC
MD 585098
CPG
AB
MD MD 3026507
CPG Realty
Listed by CPG, CPG Realty

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