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    Monticello, IN
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    Monticello, IN Short Term Rental Properties for Sale

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    Reynolds, IN Burnettsville, IN Monon, IN
    Waterfront Multifamily Resort Opportunity
    $4,500,000

    Waterfront Multifamily Resort Opportunity

    4983 E Indiana Beach Rd, Monticello, IN 47960

    55-unit waterfront multifamily asset near Indiana Beach.

    • Waterfront property on Lake Shafer adjacent to Indiana Beach, offering strong seasonal tourism and recreational demand.
    • Significant recent capital improvements, including ground‑up construction of 38 units and complete renovation of 17 units, minimizing deferred maintenance.
    • In‑place income of $47,000 per month with 80% occupancy, providing immediate cash flow and a stabilized investment.
    • Short‑term rental (STR) optionality provides potential for higher yields, supported by flexible unit layouts and strong tourism demand.
    • Dock expansion potential with approvals in place to increase from 12 to 36 docks, creating additional revenue streams.
    Updated: Feb 19
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Monticello, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    New Buffalo Multi-Unit Investment
    $249,000
    0.23 Acres

    New Buffalo Multi-Unit Investment

    Multi-unit property near downtown New Buffalo's beach and amenities.

    5 N Eagle Street, New Buffalo, MI 49117
    View details
    Multi-Unit Building Near Beach
    $249,000
    0.23 Acres

    Multi-Unit Building Near Beach

    Three-unit building near beach, shops, and restaurants.

    5 N Eagle St, New Buffalo, MI 49117
    View details
    65-Acre Campground with Event Center
    $3,150,000
    65.00 Acres

    65-Acre Campground with Event Center

    Campground featuring a 9-hole golf course, event center, and more.

    625 N State 75 Road, Flora, IN 46929
    View details
    65-Acre Campground with Event Center
    $3,150,000
    65.00 Acres

    65-Acre Campground with Event Center

    65-acre campground featuring diverse recreational amenities and event facilities.

    625 N State 75 Road, Flora, IN 46929
    View details

    Monticello, IN Short Term Rental Properties Investment Opportunities Market Analysis

    Explore 1 short term rental properties for sale in Monticello, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $4,500,000.

    Sale prices for short term rental properties in Monticello, IN start at $4,500,000, averaging $4,500,000, and reaching up to $4,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Apartment buildings 1
    Duplexes 1
    Short term rental properties 1

    Demographics Overview

    Population 15K
    Population Growth (5Y) +5.2%
    Median Household Income $61,087
    College Educated 24.1%

    High-Yield Neighborhoods for Strategic Investment

    Identify Monticello submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    47960 $4.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.66%
    Property Tax per SF $33.92 per sq ft
    Tax Rate vs County Average 0.25 pp above county avg
    Average Loan-to-Value 65.0%

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