20 Davis Lake Rd, Owenton, Kentucky, United States | Homes For Sale at GLOBAL LISTINGS

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Home For Sale

$250,000

20 Davis Lake Rd
Owenton, Kentucky, United States

3bd 1.5ba

Listed By: Realtyww Info

Listed On: 09/06/2024

Listing ID: GL11330013 View More Details

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 and 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.

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Listed by: Jessica Noto