
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 & electric2 Older Cabins that need rehabbed Approximately $50,000 in timber on the propertyDevelopment 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 VRBONew furniture, mattresses, some hot tubs added, upgraded appliances, and more3 ponds on the property, 2 creeks Trails on the propertyPerfect Recreational Property With Incomewww.WhiteOaksCabins.org for more photosGreat location near Patoka Lake, Holiday World, French Lick, Marengo Cave, Hoosier National Forest, moreMany Value Add Opportunities including adding RVs to the campground rent out nightly, Owner Financing May Be Available with $300,000 down and 2 year balloonIncome / Expense Details available after signing a Confidentiality Agreement
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86ACRES
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01/2 BATHS
School Ratings & Info
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 & electric2 Older Cabins that need rehabbed Approximately $50,000 in timber on the propertyDevelopment 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 VRBONew furniture, mattresses, some hot tubs added, upgraded appliances, and more3 ponds on the property, 2 creeks Trails on the propertyPerfect Recreational Property With Incomewww.WhiteOaksCabins.org for more photosGreat location near Patoka Lake, Holiday World, French Lick, Marengo Cave, Hoosier National Forest, moreMany Value Add Opportunities including adding RVs to the campground rent out nightly, Owner Financing May Be Available with $300,000 down and 2 year balloonIncome / Expense Details available after signing a Confidentiality Agreement
© 2023 Southern Indiana Realtors Association. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or TRU Real Estate Services. Data last updated: 2023-02-08T00:04:26.063.