$250,000
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20 Davis Lake Road Owenton, KY 40359
Single Family
Residence
3
Beds
2
Baths
832
Sq. Ft.
1
Acre
Lot
Property Activity
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Excellent income producing lakefront Short-Term Rental priced under recent appraisal!Conveniently located between the Ark Encounter, Kentucky Speedway and the Bourbon Trail, this vacation rental is a home-run! Generated $38,000 in revenue in 2023 from Airbnb & VRBO bookings. Located right next to th...e boat ramp, this double lot property is in a prime location on Elmer Davis Lake. With all furnishings and a local cleaning person in place, you can start renting immediately or make your desired improvements to increase nightly rate for even more revenue. Owen County is a very investor-friendly county for short-term rentals with no prohibitive local government requirements or hoops to jump through. Hard to find a more profitable STR at this price point that books over 250 nights per year. In a tough economy, an affordable rental in a peaceful, unique setting close to attractions that see 1 million+ visitors per year is the winning recipe! Serious, qualified buyers welcome to schedule showings around current rental bookings. Owner is a licensed real estate agent in Kentucky.
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MLS#
24018451
Property Type
Single Family
Bedrooms
3
Bathrooms
1 Full/1 Half
Square Feet
832
sq. ft
Lot Size
1
Sewer
Holding Tank
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