RV Park/Campground Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 7.0%
  • Listing ID: 1696851
  • Posted On: Jun 21, 2022
  • Updated On: Sep 20, 2022

Description

Marcus & Millichap is pleased to present Maple Hill Campground located in Jamestown,
Tennessee. Maple Hill Campground is a total of +/- 10 acres with +/-7 acres developed.
Currently, the Campground has a total of 30 RV Sites, 26 are metered for electric and
full hook up, 2 are electric and water only and 2 are electric only and dedicated space
for primitive tent camping. The property also offers a fully furnished 450 SQFT Studio
style cabin with a full kitchen and bath, a 250 SQFT bunkhouse style cabinet with a
half bath, and a 1,200 SQFT 3 Bedroom 2 Bath Rental Home. Also, a storage shed, a
garden shed, a finished 20 x 24 workshop, and a 16 x 16 Office with a half bath.
Property amenities include a laundry room with two coin operated washers and dryers
for camper use, a bathhouse comprised of four individual restrooms with showers,
an open air pavilion with a stone fire pit, and a fully furnished kitchen attached to
the pavilion by a walkway. This leaves an opportunity to increase rates by 14% and
develop the additional +/-3 acres for potentially an additional +/-10 full hook-up RV
Sites, Self-Storage Units, Storage for RVs, Boats, and Trailers. The Campground also
has a small highway frontage with potential for Commercial. Maple Hill is located near
Pickett State Park, Big Southfork National Forest, Sergeant Alvin C York State Park
and Dale Hollow Lake. All four are within a 30-minute car ride from the campground.
These attractions are great for hikers, horse riding, fishing, and anyone who enjoys
the outdoors.

Amenities

  • Laundromat
  • Storage
  • Bathhouse
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 30
Average RV Lot Rent: $425
Size: 10.0 acre(s)

Financial Information (Actual)

Gross Income: $152,409
Operating Expense: $58,562
Net Operating Income: $93,846
Expense Ratio: 38.4 %

Utility Information

Water: City
Sewer: Septic

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