Remarks

Turn-Key Lake Shafer Resort – Prime Location and Strong Revenue … Turn Your Investment Dreams Into Reality. Located across the street from Indiana Beach, in Monticello, Indiana, the Dockside Lake Resort offers 12 charming cottages/units with exceptional cash flow and endless potential. Each rental unit has been thoughtfully updated with metal roofing, modern flooring, refreshed kitchens, upgraded appliances, A/C units, and stylish furniture … all designed for comfort and longevity for visiting guests. Enjoy the newly installed 33x16 pool … complete with updated mechanicals, a sleek metal fence, and expanded concrete walkways and patios creating a welcoming outdoor space for those seeking a quaint and charming spot. The 54 feet of prime Lake Shafer frontage provides breathtaking main lake views, multiple piers, and a durable steel seawall for added security. With year-round units ensuring consistent income, this low-maintenance resort features vinyl siding and fresh exterior enhancements. In addition, bonus living areas attached to the office could easily be converted into an additional rental unit or private owner/manager quarters. This is your chance to acquire a fully operational, high-performing lakefront property with room to grow. The Dockside Lake Resort is a fantastic place to turn your investment dreams into reality.

Details

MLS#: 202521899
Price: $1,099,900

Style: Hotel/Motel,Resort
Baths Full: 12
Year Built: 1940

County: White County
Subdivision: Untalulti
Lot Size: .663
Tax Fee: 4144.16