Established Business for 25 years! 80-90% Occupancy; 8.8% Cap Rate!

Asking Price$1,300,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$223,315

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Established Business for 25 years! 80-90% Occupancy; 8.8% Cap Rate!


Asking Price$1,300,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$223,315

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
5 Mountain Cabins on 11+ acres in Hot Springs NC
Nestled in the mountains of Madison County, these meticulously-maintained cabins are located a short drive to Marshall, Mars Hill, Asheville, Weaverville, and Tennessee. This established nightly rental business boasts an occupancy of over 85% for 2025 and 80%+ of bookings are direct (vs. Airbnb/3rd party). The existing staff is local and long tenured and wishes to stay on with new buyer. The property has five adorable log cabins on 11.44 acres and very low property taxes. All cabins have one bedroom and one bath, a fireplace, and a gas grill. Private covered deck with hot tub in every unit allows guests to soak in the mountain views. Commerical washer/dryers are housed in utility building added in 2025. High speed internet + TV/streaming is readily available for guests. Visitors can enjoy solitude and hike trails in nearby Pisgah National Forest and Appalachian Trail. This is a rare turnkey business opportunity with over 20 years of documented bookings. Website and all future bookings convey. Latest survey obtained in 2020. Each cabin has its own septic system. Come to Hot Springs to start living your short-term rental dream today! Explore more: https://listings.wncrealestatephotography.com/sites/rdvnyman/unbranded
About the Business
Years in Operation
21
Employees
3 Full-time
Facilities & Assets
Nestled in the mountains of Madison County, these meticulously-maintained cabins are located a short drive to Marshall, Asheville, and Tennessee. This established nightly rental business boasts an occupancy of over 85% for 2025 and 80%+ of bookings are direct (vs. Airbnb/3rd party). Existing staff is local and long tenured and wishes to stay on with new buyer. The property has five log cabins on 11.44 acres and low property taxes. All cabins have one bedroom and one bath, a fireplace, and gas grill. Private covered deck with hot tub in every unit. Commerical washer/dryers are housed in utility building added in 2025. High speed internet + TV/streaming available. Visitors enjoy solitude and hike trails in nearby Pisgah National Forest and Appalachian Trail. This is a rare turnkey business opportunity with over 20 years of documented bookings. Website and all future bookings convey. Each cabin has its own septic system. Start living your short-term rental dream today!
Website
https://listings.wncrealestatephotography.com/sites/rdvnyman/unbranded
Opportunities for Growth
With the property boasting over 11 acres, there is room to grow!
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
2,085
Listing Info
ID
2493977
Listing Views
Business Location

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Business Listed by: Clarissa Marshall

Listing ID: 2493977 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.