$1,000,000
$1,250,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
177,724 SqFt
SOLD DATE : 12/23/2024
Key Details
Sold Price $1,000,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Square Footage 177,724 sqft
Price per Sqft $5
Subdivision Not In Subdivision
MLS Listing ID 9971232
Sold Date 12/23/24
HOA Y/N No
Originating Board Tennessee/Virginia Regional MLS
Lot Size 4.080 Acres
Acres 4.08
Lot Dimensions 315 x 574 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
Community Not In Subdivision
Area 4.08
Zoning Commercial
Direction Hwy 25E to Rocky Summitt Rd to Slate Hill Rd.
Rooms
Other Rooms Outbuilding, Shed(s)
Exterior
Utilities Available Cable Available, Electricity Connected
Waterfront Description Lake Privileges,Lake Front
View Mountain(s), Water
Street Surface Paved
Road Frontage 2 Lane Road
Building
Lot Description Level, See Remarks
Sewer Septic Tank
Water Well
New Construction No
Schools
Elementary Schools Mooresburg
Middle Schools Rogersville
High Schools Cherokee
Others
Senior Community No
Tax ID 035
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Bought with Amy Shrader • REMAX Real Estate Ten of Morristown
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