RV Park/Campground Details
- Cap Rate: 15.0% (Pro Forma)
- Listing ID: 4830563
- Posted On: Mar 20, 2024
- Updated On: Oct 21, 2024
Description
Exceptionally rare 4 acre lot on the Watts Bar Lake. Tailored for boating enthusiasts and
adventure seekers. Delight in the unique features of this property which include a dock
with the convenience of 24 hour gas pump, boat slips (30 covered & 30 uncovered) for
lease and a convenient bilge pump for servicing boats. A dock restaurant (approximately
1846 square feet) complimented by holding a beer licenses. At this restaurant you can
almost always experience live entertainment at dinner on Friday and Saturdays during
peak season. A 2 bed/2 bath house (1800 square feet) with an inviting front porch. As
well as an additional building (approximately 3180 square feet) featuring 3 studio
apartments with rental potential, a laundry room, and a versatile storage area with the
potential for transformation into a game room. The property also offers 46-48 RV Camper
lots. The current owner has a 99 year lease with the TVA and he has leased it so far for 7 years.
The property is zoned Commercial. Seize the opportunity to make this your next business
adventure.
Please reference: WWW.BAYSIDETN.COM to explore this property further.
Any Questions: Please contact TK Stanford at 404 406 1359 (Primary Contact)
Go To: Loopnet and type in address for more information & photos
Location
134 BAYSIDE DRIVE,
TEN MILE, TENN.
GO TO: https://www.baysidetn.com/
Amenities
- Laundromat
- Boat Access
Park Information
| Number of RV Lots: | 48 |
| Year Built: | 1970 |
| Average RV Lot Rent: | $500 |
| Size: | 4.0 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $454,000 |
| Debt Info: | NA |
Utility Information
| Water: | City |
| Sewer: | Septic |