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2140 N Morgan Rd - White Oaks Cabins 12,000 SF Specialty Building Offered at $1,495,000 in Taswell, IN 47175
INVESTMENT HIGHLIGHTS
- Popular and Unique AirBNB / VRBO / Short Term Rental Property located on 86 wooded acres in Southern Indiana about 7 minutes away from Patoka Lake.
- 1 small fishing pond on the property and 2 landscape ponds, 2 creeks Trails on the property, large activity game barn.
- 8 Log Cabins currently being rented nightly and an 8 Space Campground with water & electric. 2 Older Cabins that can be repaired for 10 total cabin.
- Owner Financing Available!!
EXECUTIVE SUMMARY
Very popular and unique AirBNB / VRBO / Short Term Rental Property located on 86 wooded acres in Southern Indiana about 7 minutes away from Patoka Lake. The property is in a secluded location 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. There are 2 Older Cabins that that can be repaired and eventually rented as well for a total of 10 cabins. Plenty of value add opportunities including building more cabins, tiny houses, glamping, and possibly adding RV’s to the campground rent out nightly. etc on the property. Online booking system in place for easy online management of direct bookings, Airbnb, and VRBO. 1 small fishing pond on the property and 2 landscape ponds, 2 creeks Trails on the property, large activity game barn. Property generates nearly $175,000+ in gross income per year. Perfect Recreational Property With Income. Go to www.BestPatokaLakeCabins.com for more photos. Great location near Patoka Lake, Holiday World, French Lick, Marengo Cave, Hoosier National Forest, more Contract may be available with 25% down / 3 year term; Details to be negotiated. Income/Expense Details available after signing a Confidentiality Agreement. Timber was last cut around 2018 or so.
PROPERTY FACTS
| Price | $1,495,000 | Lot Size | 86.50 AC |
| Price Per SF | $124.58 | Building Size | 12,000 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1971 |
| Property Subtype | Trailer/Camper Park | Parking Ratio | 2.78/1,000 SF |
| Building Class | C | ||
| Zoning | 410 COM MOTELS/TOURIST CA - Commercial Pt Nw Nw 9-2-1w 34a Pt Sw Sw 4-2-1w 10a | ||
| Price | $1,495,000 |
| Price Per SF | $124.58 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 86.50 AC |
| Building Size | 12,000 SF |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 2.78/1,000 SF |
| Zoning | 410 COM MOTELS/TOURIST CA - Commercial Pt Nw Nw 9-2-1w 34a Pt Sw Sw 4-2-1w 10a |
AMENITIES
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Presented by
Streamline Real Estate, LLC
2140 N Morgan Rd - White Oaks Cabins
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