14995 Pleasant Valley Rd Logan, OH 43138
This exceptional investment opportunity presents two charming cabins nestled on a spacious 1.11-acre lot in Logan, Ohio, just minutes from the renowned Hocking Hills State Parks. Priced at $625,000, this multifamily property offers significant potential for short-term rental income. The property includes two units: Copperhead and Little Redwood. Copperhead boasts two bedrooms, one bathroom, an open-concept living area with a fireplace, a custom-made kitchen, and a private hot tub area. Little Redwood also features two bedrooms and one bathroom, a comfortable living area, and a recently refreshed exterior. Both cabins include a fire pit, perfect for enjoying the serene surroundings. A detached pole barn provides ample storage space. Built in 1980, the property sits on a substantial 48,351.6 square foot lot, offering a price per square foot of $469.92. This turnkey operation is ideal for investors seeking a profitable venture in a highly desirable tourist destination. The property's proximity to Hocking Hills State Parks ensures consistent demand for short-term rentals, making it an attractive and potentially lucrative investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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