$400,000
$525,000
23.8%For more information regarding the value of a property, please contact us for a free consultation.
1.23 Acres Lot
SOLD DATE : 04/21/2023
Key Details
Sold Price $400,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 256516
Sold Date 04/21/23
Originating Board Great Smoky Mountains Association of REALTORS®
Year Built 2008
Annual Tax Amount $821
Tax Year 2022
Lot Size 1.230 Acres
Acres 1.23
Property Description
If you are searching for your next great income producing investment property, this well established campground in the Great Smoky Mountains is a MUST see! The campground sits along Cosby Creek which flows right out of the Smoky Mountains, this portion of the creek provides a rushing waterfall on site to walk along or sit on, as well as a wonderful swimming hole on those hot summer days. The water has options for everyone- waist deep, ankle deep and about 6 feet deep just over the waterfall edge. Cosby creek is stocked with rainbow trout so its wonderful for fishing as well. With less than 1 minute from Foothills Parkway entrance and just 10 from Cosby Park entrance the Great Smoky Mountains are right outside your door. This campground has 1.23 acres with 10 established sites. 4 RV sites, 2 fully furnished tiny cabins, 2 semi rustic tiny cabins, and 2 semi primitive style cabins. This property also has a bath house equipped with a tub, 2 sinks along with a W/D. There is a pavilion that is currently used by campers to gather and grill, play games and just enjoy the company. There is a shared hot tub on the pavilion for your guests to really enjoy after a long day of hiking and exploring everything the area has to offer. There is 8 septic approvals, utility water and electric already in place. Current owners use xfinity high speed internet and have perfect cell signal. This property is also unrestricted, which makes this awesome campground even more of a rare find! Just a short yet very scenic approx. 30 minute drive over to Gatlinburg, Pigeon Forge, Sevierville and Dollywood. If you are looking to build your investment portfolio, this campground has been fully updated, is performing amazingly and is ready for its new owners to take it over with reservations already on the books for 2023. Due to this being an active operating campground and out of respect for current guests, hours for showings are restricted and must be scheduled. Please call agent to schedule your showing.
Location
State TN
County Cocke
Zoning Other
Direction From Newport; take Cosby Hwy (US 321) approx. 6.5 miles, at the stop sign turn right, and then immediately left onto Cosby Hwy (US 321). In 4.7 miles the campground is on the right, right before Jones Cove Rd. Address is GPS friendly.
Rooms
Basement None
Interior
Heating Other
Cooling Other
Exterior
Exterior Feature Lighting
Garage On Site
Utilities Available Cable Available, Electricity Connected, High Speed Internet Available, Internet Available, Sewer Connected, Water Connected
Waterfront No
Road Frontage State Road
Parking Type On Site
Building
Building Description Other, Recreation Facilities,Restrooms,Storage
Sewer Septic Tank
Structure Type Other
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, Special Funding
Listing Terms 1031 Exchange, Cash, Conventional, Special Funding
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