$1,695,000
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2140 N Morgan Road Taswell, IN 47175
General Commercial
Residence
Beds
Baths
Sq. Ft.
86
Acre
Lot
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Very popular AirBNB / VRBO / Short Term Rental Property located on 86 wooded acres in Southern Indiana about 7 minutes away from Patoka Lake. With over $200,000 gross income and 1200 nights booked in the past 9 months, this property is poised to have a fantastic 2023. The property is in a secluded l...ocation and allows people to get away from everything for a few days. This property consists of: 8 Log Cabins currently being rented on a nightly basis and 8 Space Campground with water & electric 2 Older Cabins that need rehabbed Approximately $50,000 in timber on the property Development opportunity to build more cabins, tiny houses, glamping, etc on the property Great Hunting Land Perfect for a group that would like hunting ground that pays for itself or for an owner operator looking for an extra income stream. Online booking system in place for easy online management of direct bookings, Airbnb, and VRBO New furniture, mattresses, some hot tubs added, upgraded appliances, and more 3 ponds on the property, 2 creeks Trails on the property Perfect Recreational Property With Income www.WhiteOaksCabins.org for more photos Great location near Patoka Lake, Holiday World, French Lick, Marengo Cave, Hoosier National Forest, more Many Value Add Opportunities including adding RVâs to the campground rent out nightly, Owner Financing May Be Available with $300,000 down and 2 year balloon Income / Expense Details available after signing a Confidentiality Agreement
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MLS#
2022013928
Property Type
General Commercial
Lot Size
86
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