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29287726
29287713

2140 Morgan Rd, Taswell, IN 47175

NS
IN RB14029073
Streamline Real Estate
Listed by Streamline Real Estate
$1,395,000
137 days on market
Updated 42 days ago

10 Cabin Resort Near Patoka Lake on 86 Wooded Acres

Details
APN 13-06-09-100-001.000-009
Property Type Hospitality, Special Purpose
Sub Type Hotel, Motel
Year Built 1971, 1985, 1995, 2000, 2001, 2002
Buildings 10
Stories 2
Acreage 86.000
Zoning Com Motels/tourist cabins
Ownership Streamline Properties LLC

Hospitality

Marketing description

White Oaks Cabins is a well-established short-term rental property located on approximately 86 wooded acres in Southern Indiana, just 7 minutes from Patoka Lake. The secluded setting makes it a popular destination for guests seeking privacy, nature, and recreational getaways.

The property currently includes:

  • 8 income-producing log cabins rented nightly through direct bookings, Airbnb, and VRBO
  • 8-site campground with water and electric hookups
  • 2 additional older cabins that can be renovated and added back into service, bringing the total to 10 cabins

Significant value-add and expansion opportunities exist, including additional cabins, tiny homes, glamping units, or expanded RV accommodations.

Amenities and land features include:

  • Online booking and management system in place.
  • Small fishing pond, two landscaped ponds, and two creeks.
  • Trails throughout the property.
  • Large activity and game barn.

The property generates approximately $175,000+ in annual gross income and offers a strong foundation for STR portfolio expansion. Timber on the property was last harvested around 2018.

Conveniently located near major attractions including Patoka Lake, Holiday World, French Lick, Marengo Cave, and Hoosier National Forest.

Owner financing may be available (approximately 25% down with a 3-year term, terms negotiable).

Additional income and expense details are available upon execution of a Confidentiality Agreement.

For more photos and details, visit www.BestPatokaLakeCabins.com.

Investment highlights

  • Popular and Unique AirBNB / VRBO / Short Term Rental Property located on 86 wooded acres in Southern Indiana about 7 minutes away from Patoka Lake.
  • 1 small fishing pond on the property and 2 landscape ponds, 2 creeks Trails on the property, large activity game barn.
  • 8 Log Cabins currently being rented nightly and an 8 Space Campground with water & electric. 2 Older Cabins that can be repaired for 10 total cabin.
  • Owner Financing Available!!!

Listing Contacts

NS
IN RB14029073
Streamline Real Estate
Listed by Streamline Real Estate

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Additional Information

Name
Nathan Soliday
License
RB14029073
Brokerage
Streamline Real Estate
Brokerage Phone
812-620-0046
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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