The Lodges at Sunset Village
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The Lodges at Sunset Village
2 Properties Offered at £11,736,750 in Multiple Locations
Investment Highlights
- Four Season Vacation Destination
- Lake frontage
- Development ready
- Ski Resort Views
- Lake Views
Executive Summary
The Lodges at Sunset Village is a rare turnkey investment opportunity to acquire a highly profitable vacation rental portfolio in Deep Creek Lake. Deep Creek Lake is all-season tourism destination with the largest lake in Maryland during the summer months and WISP ski resort in the winter months. This has been the best nightly accommodation property in the Deep Creek Lake area for over a decade.
The portfolio is zoned CR2 and consists of two separate properties totaling 12 acres with 35 suites in 28 cabins (both single unit and duplexes) overlooking WISP Resort and Deep Creek Lake. 5 of these cabins are located lakefront with the largest dock suitable for events. 46 approved pad sites are in phase one expanding condominium. The properties have been approved for up to 325 hotel suites with utilities, roadways and SHA entrance already built and available for further development growth. Owner financing possibility.
The portfolio is zoned CR2 and consists of two separate properties totaling 12 acres with 35 suites in 28 cabins (both single unit and duplexes) overlooking WISP Resort and Deep Creek Lake. 5 of these cabins are located lakefront with the largest dock suitable for events. 46 approved pad sites are in phase one expanding condominium. The properties have been approved for up to 325 hotel suites with utilities, roadways and SHA entrance already built and available for further development growth. Owner financing possibility.
Property Facts
| Price | £11,736,750 | Number of Properties | 2 |
| Price / SF | £562.00 / SF | Individually For Sale | 0 |
| Net Initial Yield | 6.50% | Total Building Size | 20,884 SF |
| Sale Type | Investment or Owner User | Total Land Area | 15.85 AC |
| Status | Active |
| Price | £11,736,750 |
| Price / SF | £562.00 / SF |
| Net Initial Yield | 6.50% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 20,884 SF |
| Total Land Area | 15.85 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
The Lodges at Sunset Village
23900 Garrett Hwy, Mc Henry, MD 21541 |
Hospitality | 20,884 SF | 2019 | - |
| 1417 Deep Creek Dr, mchenry, MD 21541 | Land | 0.50 AC | - | - |
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The Lodges at Sunset Village
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