π° $47.8K Revenue on This $305K Shenandoah Valley STR
ποΈ $305K for a turnkey historic schoolhouse with ~15.7% gross rental yield, 71% occupancy, mountain views + a private hot tub.
ποΈ $47.8K Revenue on a $305K Shenandoah Valley STR With 71% Occupancy
π° Cross Junction, VA β’ $305K β’ $47.8K Trailing Revenue β’ ~15.7% Gross Rental Yield β’ 71% Occupancy β’ 2 Private Acres β’ Panoramic Mountain Views β’ Hot Tub β’ Turnkey Historic Schoolhouse
π© Interested?

π° Nearly $48K in Revenue From an 800 Sq Ft Romantic Getaway
You don't need seven bedrooms and a $1M+ purchase price to put up interesting STR numbers.
This 800-square-foot historic schoolhouse generated approximately:
$47,800 in Gross Rental Revenue Over the Past Year
And importantly, that figure excludes cleaning income.
At the $305K asking price, that works out to approximately a:
15.7% Gross Revenue-to-Price Ratio
The property also operated at a strong 71% occupancy rate, giving a buyer demonstrated rental history rather than a revenue projection.
And the product itself is easy to understand: a renovated historic schoolhouse on two private acres with panoramic mountain views, a private hot tub and fire pit, designed specifically as a romantic Shenandoah Valley escape.
π‘ The Asset
1098 Reynolds Rd, Cross Junction, VA 22625
π° Price: $305,000
π΅ Trailing 12-Month Gross Revenue: $47,800
π Gross Revenue / Price: ~15.7%
π’ Price / Trailing Gross Revenue: ~6.4x
π Occupancy: 71%
π‘ 1 Bedroom / 1 Bathroom
π 800 Sq Ft
π² 2 Private Acres
ποΈ Panoramic Mountain Views
β¨οΈ Private Hot Tub
π₯ Outdoor Fire Pit
π« Historic Schoolhouse
π οΈ Renovated in 2022
π§ New Well + Septic System in 2022
ποΈ Fully Furnished + Turnkey
π° The Investment Case
The numbers are particularly interesting given the relatively approachable acquisition price.
At $47,800 in trailing gross revenue on a $305K asking price, the property is priced at approximately 6.4x trailing gross revenue.
That's a ~15.7% gross revenue-to-price ratioβnot a cap rate, since operating expenses aren't included.
But the 71% occupancy rate adds another useful data point.
This isn't a property that generated its revenue from a handful of unusually expensive peak-season stays. It's demonstrating consistent booking demand for its specific guest experience.
And because the reported $47,800 figure excludes cleaning income, it provides a cleaner look at the actual accommodation revenue generated by the property.
π« A Historic Schoolhouse Is the Amenity
In an STR market full of cabins and traditional vacation homes, sometimes the property itself can be the differentiator.
This one is a historic schoolhouse transformed into a romantic getaway.
Rather than trying to compete on bedroom count, the concept targets couples looking for something memorable: a character-filled historic property surrounded by nature with mountain views, privacy, a hot tub and a fire pit.
That's a straightforward guest experience to marketβand one that photographs differently from a conventional one-bedroom home.
β¨οΈ Built Around the Couples-Getaway Experience
The amenities here aren't complicated.
They're focused on what the target guest is likely coming for.
Wake up surrounded by panoramic mountain views.
Spend the day exploring wineries, hiking trails or the surrounding Shenandoah Valley.
Come back and soak in the private hot tub under the stars.
Then finish the night around the outdoor fire pit.
The home sits on approximately two private acres, giving guests enough separation and privacy to make the property feel like an actual escape.
π οΈ Major Infrastructure Already Updated
Another appealing piece of the story is what's already been done behind the scenes.
The property was thoughtfully renovated in 2022, including several major improvements:
π§ New Well
π½ New Septic System
β¨οΈ Private Hot Tub
π οΈ Renovated Living Space
For an investor, those infrastructure upgrades can be just as important as the guest-facing amenitiesβespecially when buying an older, character-driven property.
And because the home is being sold fully furnished and turnkey, a buyer isn't starting with an empty historic building and trying to create the STR concept from scratch.
π The Investment Story
π° $305K Purchase Price
π΅ $47.8K Trailing Gross Revenue
π ~15.7% Gross Revenue / Price
π’ ~6.4x Trailing Gross Revenue
π 71% Occupancy
ποΈ Panoramic Mountain Views
π² 2 Private Acres
β¨οΈ Private Hot Tub
π₯ Fire Pit
π« Historic Schoolhouse
π οΈ Renovated in 2022
π Fully Furnished + Turnkey
The thesis: acquire a proven, differentiated couples STR for $305K that's already producing nearly $48K in annual gross revenue with 71% occupancyβand has the infrastructure, furnishings and guest experience already in place.
πΈ Financing
At a $305K acquisition price with $47,800 in trailing rental revenue, this could be worth evaluating with lenders that understand vacation rentals and STR income.
Depending on the borrower, property and lender requirements, potential structures can include DSCR, conventional investment, portfolio and other STR-focused financing options.
If you're trying to determine what your down payment could look like, whether the property's historical rental revenue can help it qualify, or which loan structure makes the most sense for your situation, our STR lending partner can help walk you through the options.
π‘ Want Help Buying the Right STR?
Finding a property is only one part of building a successful STR. We partner with a team that helps investors with the whole process: market selection, property search, underwriting, design, amenities and operations.
They can help with:
π Market Selection β identify markets that fit your budget and investment goals.
π Property Search β find strong STR opportunities without spending hours combing through listings.
π Deal Underwriting β analyze individual properties and realistic revenue potential before you buy.
π¨ Design + Furnishing β create an STR designed to stand out against competing rentals.
π₯ Revenue-Driving Amenities β determine which investments could meaningfully improve bookings and nightly rates.
βοΈ Launch + Operations β help put the systems in place to operate and optimize the property after closing.
In order to work with them, they typically require having around $150,000 available for your down payment, furnishing, design, and revenue-driving amenities so you're positioned for success from day one.
To date, they've helped investors acquire 375+ properties, generating $60M+ in rental revenue with $25M+ in estimated tax savings.
Whether you need help figuring out where to buy, which property to choose, what it could generate, or how to design and amenity it to compete at the top of its market, they can help throughout the process.
π° Thinking About Selling Your STR?
Already own a short-term rental and thinking about selling?
The Offer Sheet can put your property directly in front of an audience of active STR investors who are specifically looking for vacation rentals, including properties with proven revenue histories.
Whether your property is listed publicly or you want to explore an off-market sale, we can help get it in front of potential buyers.
Have a strong-performing Airbnb, unique vacation rental, or turnkey STR you may consider selling? Send it our way.
π― Why This One Stands Out
π° $47.8K Proven Trailing Revenue
At $305K, that's approximately a 15.7% gross revenue-to-price ratio.
π 71% Occupancy
The property has demonstrated consistent guest demand rather than relying solely on projected performance.
π« A Differentiated STR Concept
A historic schoolhouse gives guests something more memorable than another conventional one-bedroom cabin.
ποΈ Mountain Views + Privacy
Two private acres and panoramic views help create the secluded getaway experience.
β¨οΈ Couples-Friendly Amenities
A private hot tub and fire pit reinforce the romantic-retreat positioning.
π οΈ Major 2022 Updates
The renovation included a new well and septic system, while the property comes fully furnished and turnkey.
β‘ Bottom Line
$305K. $47.8K Revenue. 71% Occupancy. ~15.7% Gross Yield.
This is a good example of how a smaller STR with the right concept can still put up meaningful numbers.
For $305K, you're getting a fully furnished historic schoolhouse that generated approximately $47,800 over the past year excluding cleaning income, with 71% occupancy.
At roughly 6.4x trailing gross revenue, the numbers already have a demonstrated track record.
But what makes the property especially interesting is the combination of low acquisition basis, differentiated historic character, panoramic mountain views, two private acres and a hot tub-driven couples experience.
You don't need to figure out what this property should become.
Guests are already booking it.
π© Interested in This Property?






