RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Listing ID: 2251980
- Posted On: Mar 26, 2023
- Updated On: Apr 27, 2023
Description
2.5 Acre RV Park with 4 active full-hookup sites on unrestricted property (no zoning!), ready to be developed into a larger 23-30 site campground.
1702 Pleasant Rd, Evensville, TN 37332
Rental rates in the $500-$600/mo range. Close to TVA Watts Bar facility. Ideal for seasonal workers and people moving to the area.
New septic system for up to 5 RV pads in place.
Full 20/30/50amp power, water, sewer hookups for 4 RV pads.
Full site soil study in hand. Preliminary engineering design for 23-30 RV pad campground with additional septic drafted and available.
Existing pads are turn-key with existing rental leases, service providers (trash/mowing/repair), marketing, and online listings. 4 monthly leases grossing $2,075/mo currently active.
Recent upgrades include frost-free spigots with shut off valves at each site, main water line back-flow preventer, soil study for new septic system, and development engineering design drafted.
Details on existing campground found here:
https://www.independencepropertyrentals.com/campgrounds/pleasant-dale-campground/
Location
Located in a peaceful, quiet, setting conveniently located 15 minutes from Watts Bar TVA facility, 15 minutes from historic Dayton, TN, and about 55 minutes outside of Chattanooga, TN. Located off a paved county road surrounded by small farms and backing up to dense woodlands. PDC provides residents and visitors an ideal place to stay with their RV while working in or enjoying the region.
Park Information
| Number of RV Lots: | 4 |
| Year Built: | 2022 |
| Average RV Lot Rent: | $525 |
| Size: | 2.5 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $25,200 |
| Operating Expense: | $13,902 |
| Net Operating Income: | $11,298 |
| Expense Ratio: | 55.2 % |
Utility Information
| Water: | City |
| Sewer: | Septic |