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5116 East Indiana Beach Road
Monticello, IN 47960
Asking Price
$649K
Cap Rate
5.55%
Asset Type
Hotel Hospitality
Class
Class B
What's Special
Multi property resort <p></p><p>Comprised of five separate buildings, seven rental units, and a spacious main living quarters, this property provides a distinctive blend of investment potential and operational flexibility. Whether your vision includes short-term vacation rentals, extended-stay accommodations, seasonal lodging, workforce housing, or a combination of income strategies.</p>
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NOI
$80,000
Cap Rate
12.33%
DSCR
2.08
Strong
Cash-on-Cash
21.30%
Monthly Payment
$3,210.898
Annual Cash Flow
$41,469.225
