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    227 Lovers Lane

    Elizabethton, TN 37643
    • $899,000
    • STATUS: Active
    • ON SITE: 8 days
    • MLS #: 9914167
    $899,000
    • 0
      BEDS
    • 2.98
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2014
    County:
    Area:

    School Ratings & Info

    Description

    This is a dream investment on one of the best trout fishing rivers east of the Mississippi! Own your own campground right on the Watauga River and make money while you enjoy the lakes, mountains, rivers and the breathtaking scenery of North East Tennessee. This camp ground stays full year-round with 35 full-service RV sites. There is an office that also houses 2 full bath rooms and a coin laundry facility. There is a 2-story building that contains a 1-bedroom apartment upstairs that rents for $800 per month! Downstairs is a large common area with a pool table, large tv and vending machines for the campers to use. With less than a 5% vacancy rate and lots renting for $500.00 per month this thing makes money! All sites have their own electric meters, water hook up, sewage hook up and parking. This campground was laid out very well, has low operating costs and fantastic income!! Although set up as a campground, most of the campers have been there long term... most several years!! This section of the Watauga river's water level is controlled by TVA and is below the Watauga Dam and Watauga Lake (one of the top 10 cleanest lakes in the country). This is called a ''tail water'' below the dam and the water remains very cold all year long so the fish thrive! Buyer/Buyers Agent to verify all info.

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    © 2020 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2020-10-20T23:59:58.507.
    www.house2homesearch.com/homes/110930814
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    227 Lovers Lane Elizabethton, TN 37643

    • Price: $899,000
    • Status: Active
    • MLS #: 9914167
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.98
    Acres
    2014
    Built
    Neighborhood:
    Carter
    County:
    Carter
    Area:
    Carter
    Property Description
    This is a dream investment on one of the best trout fishing rivers east of the Mississippi! Own your own campground right on the Watauga River and make money while you enjoy the lakes, mountains, rivers and the breathtaking scenery of North East Tennessee. This camp ground stays full year-round with 35 full-service RV sites. There is an office that also houses 2 full bath rooms and a coin laundry facility. There is a 2-story building that contains a 1-bedroom apartment upstairs that rents for $800 per month! Downstairs is a large common area with a pool table, large tv and vending machines for the campers to use. With less than a 5% vacancy rate and lots renting for $500.00 per month this thing makes money! All sites have their own electric meters, water hook up, sewage hook up and parking. This campground was laid out very well, has low operating costs and fantastic income!! Although set up as a campground, most of the campers have been there long term... most several years!! This section of the Watauga river's water level is controlled by TVA and is below the Watauga Dam and Watauga Lake (one of the top 10 cleanest lakes in the country). This is called a ''tail water'' below the dam and the water remains very cold all year long so the fish thrive! Buyer/Buyers Agent to verify all info.
    Exterior Features

    Exterior Finish Metal Siding Lot Size 2.98 ACRE Road Access County Road Roof AsphaltMetal

    Interior Features

    Ac Central AirHeat Pump Heating CentralElectric Total Sqft Finished 0.00 Total Sqft Unfinished 0.00

    Property Features

    Annual Lease Amount 0.00 Auction No Business Type OtherSee Remarks City Taxes 0.00 Complex Ind Park Camp Renfro County Taxes 2204.23 Development Status OtherSee Remarks Easements Power Line Electric Service Single Phase Existing Finance None Financing CashConventional Foreclosure No Info Available Perc Test Other Equipment Additional Building(S)Cable TvFree StandingLighting-OtherPole SignSecurity System Property Condition Above Average Restrictions Flood PlainRight Of Way Sale Includes Fee Simple Sewer Private Sewer Short Sale No Water Public Zoning Commercial

    Listing information © 2020 Tennessee/Virginia Regional MLS.
    Listing provided courtesy of Linda Lefler of Coldwell Banker/Security Real Estate.



    © 2020 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2020-10-20T23:59:58.507.
     
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