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$ 3,499,999
Est. payment /mo
New
23095 Buena Vista Road Rockbridge, OH 43149
23.57 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226027282
Year Built 1986
Annual Tax Amount $7,588
Lot Size 23.570 Acres
Lot Dimensions 23.57
Property Sub-Type Mixed Use
Source Columbus and Central Ohio Regional MLS
Property Description
Rare opportunity to acquire an established hospitality portfolio in the heart of Hocking Hills combining diversified revenue streams, proven operating history, and future upside. Deer Run Manor consists of four established short-term rental accommodations and seven long-term rental units on approximately 25 acres, creating a unique investment opportunity rarely available in today's market.
The STR portfolio includes the flagship Deer Run Manor, a luxury 5-bedroom, 5.5-bath lodge with a private indoor pool accommodating up to 16 guests. Additional rentals include Gray Manor (1BR/1.5BA, sleeps 6), Brown Manor (1BR/1.5BA, sleeps 6), and the Red A-Frame (2BR/1BA, sleeps 6). Each unit is part of an established rental operation benefiting from Hocking Hills' year-round tourism.
Complementing the STR business are seven long-term rental units providing stable monthly cash flow and reducing dependence on seasonal vacation rentals. The LTR portfolio includes two three-unit townhome buildings (six 3-bedroom units) plus a separately rented farmhouse. Several units are below current market rents, providing immediate value-add potential through future rent increases.
The property also offers multiple additional building sites, creating opportunities to expand the STR portfolio or further develop the property, subject to applicable approvals.
Unlike many Hocking Hills offerings that rely solely on vacation rentals, Deer Run Manor provides diversified income through both hospitality and residential rentals, offering greater stability and long-term growth potential. Whether your strategy is maximizing cash flow, expanding operations, or building long-term equity, this turnkey investment delivers proven performance with significant upside.
Historical financials, operating information, and additional investment details are available to qualified buyers upon request.
The STR portfolio includes the flagship Deer Run Manor, a luxury 5-bedroom, 5.5-bath lodge with a private indoor pool accommodating up to 16 guests. Additional rentals include Gray Manor (1BR/1.5BA, sleeps 6), Brown Manor (1BR/1.5BA, sleeps 6), and the Red A-Frame (2BR/1BA, sleeps 6). Each unit is part of an established rental operation benefiting from Hocking Hills' year-round tourism.
Complementing the STR business are seven long-term rental units providing stable monthly cash flow and reducing dependence on seasonal vacation rentals. The LTR portfolio includes two three-unit townhome buildings (six 3-bedroom units) plus a separately rented farmhouse. Several units are below current market rents, providing immediate value-add potential through future rent increases.
The property also offers multiple additional building sites, creating opportunities to expand the STR portfolio or further develop the property, subject to applicable approvals.
Unlike many Hocking Hills offerings that rely solely on vacation rentals, Deer Run Manor provides diversified income through both hospitality and residential rentals, offering greater stability and long-term growth potential. Whether your strategy is maximizing cash flow, expanding operations, or building long-term equity, this turnkey investment delivers proven performance with significant upside.
Historical financials, operating information, and additional investment details are available to qualified buyers upon request.
Location
State OH
County Hocking
Area 23.57
Rooms
Other Rooms None
Dining Room No
Interior
Cooling Central Air
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Logan Hocking Lsd 3701 Hoc Co.
School District Logan Hocking Lsd 3701 Hoc Co.
Others
Tax ID 05-000275.0101
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Dylan J Knecht RE/MAX Revealty