Business Opportunity- RV Campground close to the Smokies!

Undisclosed Address, Sevierville, TN 37862
Hospitality for Sale
Catylist Listing ID: 30456299
Number of Units: 31 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 6.42 Acres
Sale Price: $3,150,000
Unit Price: $101,612.90 Per Unit
Property Use Type: Investment, Business
Name of Establishment: Withheld
Franchise Parent Name: N/A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/8/2019

Overview / Comments

Excellent business opportunity located in the shadows of the Smoky Mountain National Park. This unique business is a full service RV park and campground equipped with 29 RV sites, 3 cozy cottages and 1 cabin, all on 6.42 acres. To increase RV/Camper capacity, already installed at each site is an additional 50 amp breaker, water/sewer hookup, cable, and WIFI. With the ever growing RV market, more people are opting for the camping/RV experience over traditional lodging in part to get much closer to nature. The setting with for this fantastic campground offers consumers a unique experience being close to Sevierville, Pigeon Forge, and Gatlinburg all with a relaxing and soothing river setting. Offered with the property is a Check in office for you to welcome your guests to their Smoky Mountain Retreat, laundry facility, kayak, and tubing area. Eagle watching telescope area, Pavilion for entertainment, Mountain Water Hole Feature, and area for recreational games such as Corn Hole. There is an additional tract that conveys with the sale for Phase 2 to potentially add an additional 15 RV spots. (Confidentiality Agreement required prior to release financial figures.)

Attachments & Media

Additional Details

Taxing Authority: Sevierville
Tax ID/APN: 078050N C 00300
Zoning: C3
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Newport Highway and Pittman Center Rd
Property Visibility: Excellent
Largest Nearby Street: Newport Highway/ US411
Highway Access: US411
Site Description: River Frontage Setting
Total Number of Buildings: 7
Property Condition: Excellent
Year Built: 2018
Construction/Siding: Other
Water Recreation: Other
Total Parking Spaces: 29
Parking Type: Surface
Parking Description: Parking for RV's and Vehicles
Sprinklers: None
Laundry: Shared
Heat Type: Electricity
Internet Access: Other
Zoning Description: C-3 (Intermediate Commercial) District. It is the intent of this district to establish a commercial area that encourages compatible commercial uses. The regulations are intended to reduce traffic congestion and maintain the characteristics of the community. In order to achieve the intent of the C-3 Intermediate Commercial District, site plans shall include: the proposed location of all structures, off-street parking provisions, location of all points of ingress and egress, location and size of all utilities, landscaping features, easements, and any other plans deemed pertinent. Prior to issuance of the building permit, the site plans shall be reviewed and approved by the Planning Commission to determine if they are in keeping with the comprehensive planning program of the City of Sevierville, Tennessee. In order to achieve the intent of this district, as shown on the Zoning Map of the City of Sevierville, Tennessee, the following uses are permitted: 706.1. Any use permitted in the R-3 Residential District except mobile home parks; 706.2. Any use permitted in the C-1 District, with the exception of a small distillery; and, any use permitted in the C-2 District; 706.3. Wholesale business, warehouses, storage yard and buildings and similar uses. For the purposes of this ordinance, a large distillery shall not be deemed to be a “similar use”. 706.4. Auto and mobile home sales; 706.5. Auto repair garages and similar operations; 706.6. Hospitals upon approval of a site plan by the planning commission. 706.7. Funeral homes 706.8. Gasoline service stations provided that all structures shall be placed not less than twenty (20) feet from all property lines. Points of ingress and egress shall be not less than fifteen (15) feet from intersection of street lines.
In Flood Plain?: Yes
Water Service: Municipal
Sewer Type: Municipal

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