Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground

RV Park/Campground Details

  • Listing ID: 154978
  • Posted On: May 4, 2012
  • Updated On: Sep 11, 2015

Description

Beautiful Resort Community (not an in/out RV type park) that includes a very nice residential home for you to live. Business is unique in that it is ANNUAL LEASE ONLY WITH NO RETAIL OPERATIONS. Therefore you live a Semi-Retired lifestyle in a resort setting by the lake in the mountains in your home with steady growing income. Plenty of leisure time to do the things you want.

Down payment? Use a 401-K or IRA funds without penalty & invest in a stable income property with stable return versus the volatile stock market. Two local banks interested in financing. A great wealth building opportunity without the risk or day to day grind of working for others.

There is room for expansion if you want with waiting list. Excellent financials with strong historical cash flow that is growing.

When I think of the ideal business to own, a few things come to mind: A business that allows you to live a semi-retired life while building your wealth with strong stable cash flow-Minimal risk-Tax efficient-Little or no stress-Simple business-Minimal employees-Live where you work in a nice residential built home surrounded by a park atmosphere in the mountains next to the 9th largest lake in the US within a one days drive of 80 % of the US population-Plenty of leisure time-Customers are happy to do business with you-Excess land for growth-Limited competition-Well defined niche. Well if your checklist for a great business looks anything like mine, then this is your dream lifestyle business.

This annual lease resort park community has all the amenities that attract tenants & guests throughout the year with no advertising. The resort has 57 annual lease lots, 26 annual lease boat storage units, and two lodge buildings with 15 rooms most of which are occupied by friends and families of the community and repeat customers. Resort has a large pool, bath house, large pavilion, recreational areas and other amenities that provides for a beautiful resort style living. Owners enjoy a very nice residential home for private living with an attached office & large detached garage/maintenance building for park equipment & hobbies. Additional area recreational amenities include a lake over 100 miles long and over 100 ft deep for world class recreational boating & fishing. A newly renovated championship golf course 1.5 miles away , hiking, exploring & relaxing. Many cultural events & day trips abound in the area.

Asking price is below valuation. Property is positioned for continued cash flow growth as lease rates continue to be below market.

Location

Jamestown, Kentucky/Lake Cumberland/Cumberland Mountains

Interested in purchasing this RV park? Get pre-qualified for a loan.