Contact Information

RV Park/Campground Details

  • Price: $1,450,000
  • Cap Rate: 9.0%
  • Property ID: 1159688
  • Posted On: Nov 28, 2019
  • Updated On: Nov 28, 2019

Property Description

Homey atmosphere,The golf capital of Tennessee.
# 3051
$1,450,000 price / $350,000, 2019 gross / $136,500.00 NOI
Founder’s and President’s awards!
Between 2 exits!
Nashville 100-miles away or Knoxville 60-miles
away, Chattanooga 75 miles
south of the Cumberland, that magic triangle that blends woods and waters of
numerous national and state parks with a quality vacation environment atop one
of the coolest places some 2000 feet above sea-level on the Cumberland
Plateau.
- 22 Acres. (25 acres that can be purchased next door.)
- 60 Sites ( doing this kind of gross with 60 sites)
- Pool .
- 2 Fishing ponds.
- 2 Dog parks.
- Recreation room.
- Game room.
- Playground.
- Cabins.deluxe cabins, rustic cabins, apartments,
- Cottages .
- Log lodge.
- Motel/suite accommodations
- Homestead house.
- Closed December through March.
- Propane, gifts, local crafts,jams and jellies, collectibles;
- Laundry
- Wi-Fi
- 3 pavilions.
Owner’s Residence: 36x80 and it 2,880 sq. ft. It has been converted to 3
apartments. (There are other accommodations that can be used for the owner’s home.)

Amenities

  • Laundromat
  • Pool
  • Club House
  • Storage
  • Manager Office
  • Bathhouse
  • Store
  • Wifi
  • Fitness Center
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 60
Size: 22.0 acre(s)

Financial Information

Gross Income $350,000
Operating Expense $2,135,000
Net Operating Income $1,365,000
Expense Ratio 610.0 %
Debt Info

Utility Information

Water: Well
Sewer: Septic

Video

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