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5088 Highway 38 Olin, IA 52320 Land - Residential

New - 11 Hours Ago
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Description

Located just outside Olin, Iowa, this 12-acre m/l campground offers a great combination of recreational enjoyment and investment potential. Conveniently situated along Highway 38 and directly adjacent to the Wapsipinicon River, the property provides easy access for campers with opportunities for boating, kayaking, fishing, swimming, and wading. A large sandbar along the river creates an ideal gathering spot for enjoying the water and the outdoors, while scenic views overlooking the river add to the property's appeal. The campground features 19 electrical hook-up sites plus additional satellite electrical plug-in locations, providing plenty of space for RV campers. A full-hook-up site sits on the front of the property for an owner-operator, and a large open green space offers room for tent camping, recreation, and additional possibilities for future improvements. This area would be great for an outdoor event with a band, with spectators overlooking the river. For the outdoor enthusiast, the property could also serve as a hunting and recreational farm. The open ground provides excellent opportunities for food plots to pull in deer from the surrounding tracts of timber, and direct river frontage makes this property a natural travel corridor for deer and other wildlife. Whether you're looking to continue operating the campground or expand its recreational offerings, the established infrastructure, river frontage, and convenient location offer great versatility.

Property Highlights

Property Type: Land - Residential
Total Acres: 12.22 Acres

General Information

County: Jones
Listed By:
Whitetail Properties Real Estate, LLC 217-285-9000
No Coast MLS
$275,000
Est. $1,856/mo
New to the Market Active
LOT SIZE 12.220 acres MLS#6341584
STATUS PROPERTY TYPELand - Residential

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5088 Highway 38, Olin, IA 52320.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $275,000$275,000$275,000
Down Payment $55,000$9,625$68,750
Monthly Mortgage Amount $1,373$1,685$1,713
Taxes $383$383$383
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$121$0
Monthly Estimated Total $1,856$2,289$2,196

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