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5Blue Door CottagesLakefront Vacation Resort in Monticello, Indiana
Blue Door CottagesLakefront Vacation Resort in Monticello, Indiana

Monticello, IN

Marcus & Millichap is pleased to offer Blue Door Cottages. Blue Door Cottages are located in Monticello, Indiana with frontage along Lake Shafer, just three miles north of Indiana Beach Boardwalk Resort. The property consists of nine rental cottages and 13 rental units. Blue Door Cottages currently operates as a seasonal business from May to October with a heavy concentration of bookings between Memorial Day and Labor Day. Blue Door Cottages can accommodate 65 guests, making it popular with the family reunion crowd. The cottages were completely renovated (including all new electric and plumbing) in 2008. They contain full kitchens or kitchenettes and are completely furnished. Monticello, Indiana is a premier vacation destination in the Midwest, welcoming over 750,000 visitors each year. Blue Door Cottages are on Lake Shafer, which offers public beaches, boating, fishing, dinner cruises and is home to Indiana Beach Boardwalk Resort, which was acquired by Apex Parks Group in 2016. The park was built in 1926 and has grown to include over 30 rides including six roller coasters and a water park. According to Don Hurd, Apex's new marketing director, “We want to really polish up the jewel that we have here on the shores of Lake Shafer,” Since purchasing the Indiana Beach Boardwalk Resort, Apex has poured millions of dollars into restoring the 90 year old park. A qualified new investor has the option of obtaining a new first mortgage with attractive loan terms through the current lender. Don't miss this opportunity to own the premier lakefront resort on Lake Shafer.

Lake Front RV Park w 23 Acres
Lake Front RV Park w 23 Acres

Indiana Beach, IN

Rental Income / Development opportunity too expand income

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