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Description
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 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
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 RV’s 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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Listing Agent: Nathan Soliday Courtesy of: Brixton Realty, LLC Listing information provided courtesy of the Southern Indiana Realtors Association. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 3rd February, 2023 3:53 AM (UTC)