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2140 Morgan Rd Taswell, IN 47175

For Sale
$1,695,000

Southern Indiana lodging & recreation, high income potential.

Description

Added:
Feb 3, 2025
Days on Market:
306
This exceptional 86-acre property in Taswell, Indiana, presents a lucrative investment opportunity. Currently operating as a highly successful short-term rental complex, it boasts eight log cabins generating over $200,000 in gross income within the past nine months, with over 1200 nights booked. The property's secluded location, approximately seven minutes from Patoka Lake, offers guests a tranquil escape. In addition to the eight established rental cabins, the property includes eight campsites with water and electric hookups, and two older cabins requiring rehabilitation. An estimated $50,000 worth of timber is also present on the land. Three ponds and two creeks enhance the natural beauty, complemented by established trails throughout the property. The existing online booking system simplifies management of direct bookings, Airbnb, and VRBO listings. Recent upgrades include new furniture, mattresses, some hot tubs, upgraded appliances, and more. This property's versatility extends beyond its current use

Property Features for 2140 Morgan Rd

General Information

Property type
Other commercial real estate
Lot Size
3,746,160 SF

Property Profile Insight Report Location Intelligence

Current Use by Public Records

White Oaks Cabins ... Log Cabins

Map

City
Taswell
County
Crawford
State
Indiana
Longitude
-86.53009
Latitude
38.36684

FAQs

What type of property is this?
Commercial real estate - Southern Indiana lodging & recreation, high income potential.
Where is this commercial real estate located?
The property is located at 2140 Morgan Rd Taswell, IN.
What is the asking price?
The asking price for this property is $1,695,000.
More about this property
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