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Property Description

Excellent income producing lakefront Short-Term Rental priced under recent appraisal!
Conveniently located between the Ark Encounter, Kentucky Speedway and the Bourbon Trail, this vacation rental is a home-run! Generated $38,000 in revenue in 2023 from Airbnb & VRBO bookings. Located right next to the boat ramp, this double lot property is in a prime location on Elmer Davis Lake. With all furnishings and a local cleaning person in place, you can start renting immediately or make your desired improvements to increase nightly rate for even more revenue. Owen County is a very investor-friendly county for short-term rentals with no prohibitive local government requirements or hoops to jump through. Hard to find a more profitable STR at this price point that books over 250 nights per year. In a tough economy, an affordable rental in a peaceful, unique setting close to attractions that see 1 million+ visitors per year is the winning recipe! Serious, qualified buyers welcome to schedule showings around current rental bookings. Owner is a licensed real estate agent in Kentucky.

Overview

Property Status
Sold
Date Sold
December 6, 2024
Lot Size
1 Acres
MLS ID
24018451
Property Type
Residential

Features & Amenities

Total Area
832 Sq.Ft.
View Description
Lake
Stories
2
Water Source
Public
Roof
Shingle
Parking
Driveway
Heat Type
Forced Air, Propane Tank Owned
Air Conditioning
Electric
Fireplace
Family Room, Wood Burning
Appliances
Microwave, Range, Refrigerator
Sewer
Septic Tank
Substructure
Block
Elementary School
Owen Co
Middle School
Maurice Bowling
High School
Owen Co
School District
Owen County - 15
Sales Price
$220,000

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20 Davis Lake Road

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for your interest in 20 Davis Lake Road, Owenton, KY 40359

20 Davis Lake Road
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