Technical
Financial
Distress signals
Property profile

2140 Morgan Rd Taswell, IN 47175

OFF-MARKET
Commercial real estate
Property ID
US31-1543474
86 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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 profile

Verified
Property type Commercial real estate
Lot 86 ac (3,746,160 SF)
UPID US31-1543474

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor

Location

2140 Morgan Rd Taswell, IN 47175
Taswell metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2140 Morgan Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message