Breckenridge RV Resort and Campground

Hospitality for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30475310
Property Subtypes: Resort
Number of Units: 41 Units
Building Size (RSF): 256 SF
Gross Building Area: See Agent
Gross Land Area: 10.50 Acres
Sale Price: $495,000
Unit Price: $12,073.17 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 10.93%
Last Updated: 8/26/2019

Overview / Comments

Breckenridge RV Resort in Crossville currently has 41 RV parking/camping spaces and is in the process of acquiring 3 additional spaces from individual owners. There is room to expand within the approximate 10.5-acre park. Twenty-four (24) spaces have full hook-ups with electric, water and septic and seventeen (17) have electric and water connections, no septic. Situated on the beautiful Cumberland Plateau, all sites are partially or fully shaded under oak trees. The park has a coin laundry room, recreation room, bathhouse with showers/restrooms, covered pavilion picnic area, free Wi-Fi, 30 & 50 Amp sites and onsite management office with copy & fax service. Reciprocal campground affiliations include Coast to Coast Resorts, Resorts Parks International (RPI) and Adventure Outdoor Resort (AOR). These affiliations drive business to Breckenridge. The onsite resort manager will consider working for new owner. Showings/meetings by appointment only.

Acreage and square footage per public record, not guaranteed and should be verified.

Attachments & Media

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $1,000 (Annual)
Gross Operating Income $100,961 (Annual)
Net Operating Income $54,084 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Crossville
County: Cumberland
Tax ID/APN: 184E I 067.00
Zoning: NO ZONING
Site Description: Level
Area Description: From I-40 and Crossville, follow Hwy 127 south and follow signs to Breckenridge RV Resort.
Total Number of Buildings: 2
Property Condition: Good
Year Built: 1974

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,797 5,062
Median Age: 47.53 47.71
Households: 759 2,141
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