SR 664 - 1.3 acres - Hocking County
Description
*No Deed Restrictions!* 2024 GROSS annual income: $38,246. This is a rare opportunity to own an investment property in a phenomenal location. Currently, there is a small 1-bedroom, 1-bathroom short-term rental cabin with its own septic system and well. In addition to the cabin, the property includes 3 billboards, 2 of which are lighted and leased. The property is located right along State Route 664, the main route to the Hocking Hills, providing exceptional visibility. It is situated 8 miles south of Logan and just 6 miles from the heart of the Hocking Hills. The setting is beautiful, featuring a mostly flat lot with plenty of room to expand and a lovely creek. There is also some 100-year floodplain at the back of the property. $28,646 GROSS annual income in 2024 for cabin rental. $9,600 GROSS annual billboard income. Total $38,246. Potential for 3rd billboard to bring in additional income.
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