20 DAVIS LAKE RD
OWENTON, KY 40359
$250,000
3 Beds
2 Baths
832 Sq Ft
Status Active
MLS# 24018451
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.
Details for 20 DAVIS LAKE RD
$300 / Sq Ft
0 parking spaces
Electric
Forced Air, Propane Tank Owned
34 Days on website