$1,000,000
$1,250,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
4.08 Acres Lot
SOLD DATE : 12/23/2024
Key Details
Sold Price $1,000,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1276616
Sold Date 12/23/24
Originating Board East Tennessee REALTORS® MLS
Lot Size 4.080 Acres
Acres 4.08
Lot Dimensions 315 x 576 IRR
Property Description
This Cherokee Lakefront campground in Mooresburg, TN spans 4.08 acres across two parcels, offering an exceptional income-generating opportunity. The property features 24 fully rented campsites, all under year leases, with no full-time residents—these sites are reserved exclusively for vacation and weekend use. Additionally, the campground includes four remodeled mobile homes, each on year leases except for one on a month-to-month basis.
There's plenty of room for expansion for additional sites. Campers enjoy the convenience of on-site boat storage, which provides an extra revenue stream, while the existing infrastructure—including eight or nine septic systems and a shared well—ensures smooth operation.
The current owners are willing to offer consulting assistance for a couple of months after the sale to help with a seamless transition. This campground offers a rare chance to own a fully functioning, lakefront investment property with steady income and room for growth.
Location
State TN
County Hawkins County - 58
Area 4.08
Zoning Zoned Commercial
Exterior
View Mountain View, Lakefront
Topography [object Array]
Improvements Driveway, Utilities on Site, Septic Installed
Road Frontage , County, Paved
Garage No
Building
Lot Description Irregular Lot
Faces Hwy 25E to Rocky Summitt Rd to Slate Hill Rd.
Others
Restrictions No
Tax ID 035
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "