List Price: $1,350,000 | $967 per sq.ft. Commercial
Space type Business w/ Real Estate,Lodging
Date Listed Friday Aug 9, 2024 | MLS# 5008986


Address: 3722 Route 14S Randolph VT
Listed by Curtis Trousdale Preferred Properties Off: 802-862-9106
Description:
Fantastic income opportunity! This 109+/- acre parcel has 7 subdivided lots and is run as a cabin and tiny home AirBnB community. Currently 4 park model cabins, 1 tiny home, 1 yurt and 2 camp platforms producing a gross of about $156,000 per year (2024 estimate). Two undeveloped lots, one with a 2- bedroom septic permit and the other with soils showing substantial additional capacity. If these and the yurt lot had single park models, gross income may be well over $200,000 per year. Over 4000' of excellent roads, driveways, water lines, ECFiber, and DSL lines. Community enjoys a shared open recreation area, 0.5+/- acre pond, 22 acres of conserved land and lots of wooded uplands. Would be a great place for a retirement home on the upper lot with long distance views while managing the AirBnB community. Installed septic sites have not been maxed out, so there is room for organic growth on the existing systems. Currently owner managed and they are willing to teach new owners the ins and outs of the property. Up to date state and town permits, fully surveyed, utility drawings, and the engineer who designed everything is sill working and available for expansion. Future owner may take advantage of further subdivision. Future owner may also sell the lots independently. So much potential for expansion of cabins, campers, building lot or excellent just as it is.
Building Type : Business | Development | Hospitality | Investment | Land | Opportunity | Vacant Land

Misc : Furniture Included | Smoke/Heat Detectors

Sale Includes : Land/Building/Business

Features
Income
Net Income| 125042
Gross Income| 139048
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 2019
Price Per SQ.FT. 967.05 No. of Units: 5
Building Size : 1396
Building Type: Business | Development | Hospitality | Investment | Land | Opportunity | Vacant Land

ExteriorRoof: Corrugated | Metal

Interior

Land Information

Lot size: 109 acres
Zoned: Rural Ag
Surveyed: Yes
SurveyedBy: American Survey
Flood Zone: No
Garage And Parking: Driveway | On-Site
No. of Docks | 0.

UtilitiesHeating: Electric | Heat Pump
Cooling: Mini Split
Electric: On-Site | Underground
Utilities: Underground Utilities | Other
AC % | 100.

Additional Information
Docs Available : Access Permit | Aerials | Deed | Septic Design | State Wastewater Permit | Survey | Tax Map | Town Approvals | Town Permit
Easement - Yes
ROW Length: 1000
ROW Width: 50
Row For Other Parcel: N
Taxes $6,814
Assesed Value Not Reported
Schools

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