2140 N Morgan Road,Taswell, IN 47175
Taswell, IN 47175
Description
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. Owner financing may be available with 20% down payment.
Details
| MLS # | 2026010159 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1971 |
| Days On Site | 63 |
| Listing Provided By | Streamline Real Estate, LLC | Nathan Soliday |
Features
| Acreage | 86.00 |
|---|
Taxes
| Tax Annual Amount | 9022 |
|---|
Area Information
| State | IN |
|---|---|
| County | Crawford |
| City | Taswell |
| Zip Code | 47175 |
| Listing VS Median (in 47175) | |
Price: $1,395,000 low | high Med: $439,900 On site: 63 low | high Med: 36 | |
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Learn More About This Property
| State | IN |
|---|---|
| County | Crawford |
| City | Taswell |
| Zip Code | 47175 |
| Listing VS Median (in 47175) | |
Price: $1,395,000 low | high Med: $439,900 On site: 63 low | high Med: 36 | |
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