
Listed by Exit Realty Southern
$649,900
24A River Rd Road
Details
APN 00405779
Property Type Multifamily
Sub Type Apartment Building, Single Family Rental Portfolio
Square Footage 4,658
Cap Rate 4.50%
NOI $28,950
Year Built 2011
Buildings 1
Acreage 0.560
Multifamily | 4.50% CAP
Marketing description
Currently operating as a high-end, successful, part-time Airbnb as well as the owner’s personal vacation home, the property comfortably sleeps twelve and is on target to earn $58,000 for 2026. The seller is transferring the active Airbnb business along with all appliances, furnishings and equipment, offering a turn-key opportunity to own your own cash flowing luxury lake home! Originally built in 2011 and fully renovated in 2018, this home exudes modern luxury. Expansive windows frame breathtaking river views and fill the soft, neutral interior with natural light. The main living areas feature cathedral ceilings with triple-stack crown molding, creating a warm, inviting open-concept atmosphere. Each of the three bedrooms includes its own private en-suite bathroom for exceptional comfort and privacy. Outdoor living is unmatched with 100 feet of river frontage and multiple areas for relaxation and entertaining, including a scenic balcony and over 2,000 sq. ft. of covered space beneath the home—perfect for large gatherings. Spend your summers on the private pier or fish from the newly decked wharf. Additional amenities include two 50-amp RV hookups, ample storage and a second private wharf at the back of the property. Exterior of home was recently painted for a fresh new Coastal look. Financials are based on the past 12-months, forecast income is based on a 30% increase in the last quarter due to new dynamic pricing program implemented in Feb 2026. P&L available with signed NDA and proof of funds.
Listing Contacts

Listed by Exit Realty Southern
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$28,950.00
$2,412.50/mo
Valuation Metrics
0
DSCR
4.45%
Cap Rate
4.45%
ROI
Map
Zoning
RES ResidentialSingle FamilyResidential
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View all 14 uses
View all 14 uses Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics
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