Investment Highlights
- Currently operating as a successful Airbnb, 1,166 nights booked (2024)with a 7.4 average night stay.
- Modern furnishings within a historic building, being sold fully furnished. Fully renovated from the foundation up.
- Located in downtown New Albany, IN, with access to restaurants, entertainment, and minutes from Louisville, KY.
Executive Summary
A rare business opportunity in downtown New Albany, Indiana! Step into history with this charming, 6-unit residence located in the heart of New Albany. Built circa 1870, this beautifully restored property offers timeless character paired with modern convenience. Known as the Scherer/Weigleb House, it represents a true piece of Southern Indiana's heritage. This property has proven success as a short term rental (Airbnb) as well as long-term accommodations, making it an outstanding investment opportunity. City skyline and river views make for a one-of-a-kind guest experience. Prime location is just minutes from downtown Louisville, KY, and surrounded by dining, shopping, and cultural attractions. This property is being sold fully furnished; visit www.STAYONBANK, New Albany, IN, for additional information and photos of each unit. Call listing agent for additional information; ie. financials, earnings report, etc.