00 Slate Hill Rd, Mooresburg, TN 37811

$1,000,000
Property Type: Lots & Acreage Lot Size (sq. ft.): 177,725 Status: Closed
Current Price: $1,000,000 List Date: 9/16/2024 Last Modified: 12/23/2024

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.

More Information MLS# 1276616

Location, Tax & Legal Info

Area: Hawkins County - 58 City/County Code: County Total Tax: 1800

Contract Info

Auction Y/N: No Listing Price: 1250000 Current Price: $1,000,000 Status: Closed Listing Date: 2024-09-16

General Property Description

Lot Dimensions: 315 x 576 IRR Acres: 4.08 Acre Source: Tax Records Restrictions: No Property Status: N/A

Remarks & Misc

Directions: Hwy 25E to Rocky Summitt Rd to Slate Hill Rd. Public Remarks: 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.

Property Sub-Type

Commercial: 1 Lake Front: 1 Mobile Home: 1 Recreational: 1 Rural: 1

Topography

Level: 1 Partially Cleared: 1

Road Access

Public Road: 1

Road Frontage

County: 1 Paved: 1

Sale Options

Will Not Divide: 1

Improvements

Driveway: 1 Septic Installed: 1 Utilities on Site: 1

Lot Description

Irregular Lot: 1 Lake/Water Access: 1 Level: 1 Waterfront: 1

Easements

Power Line/TVA: 1 TVA Flowage Easement: 1

View

Lake View: 1 Lakefront: 1 Mountain View: 1

Documents on File

Topography Map: 1

Developmnt Potential

Commercial: 1 Multi-Family: 1 Recreational: 1

Utilities Available

Cable TV: 1 Electricity: 1

Zoning

Zoned Commercial: 1

Present Structures

Mobile Home: 1 Tenant House: 1 Other: 1

Undeveloped

No Garbage Pickup: 1 Well: 1

New Financing

Cash: 1 Conventional: 1 New Loan: 1

Showing Instructions

See Agent Instructns: 1

Location Tax Legal Info

House #: 00 Street Name: Slate Hill St Suffix: Rd State/Province: TN Zip Code: 37811 PIN #: 035 Geo Lat: 36.342301 Geo Lon: -83.222444

Status Change Info

Status Change Date: 2024-12-23 Under Contract Date: 2024-09-26 Sold Date: 2024-12-23 Sold Price: $1,000,000

Property Features

Property Sub-Type: Commercial; Lake Front; Mobile Home; Recreational; Rural Topography: Level; Partially Cleared Road Frontage: County; Paved Road Access: Public Road Sale Options: Will Not Divide Improvements: Driveway; Septic Installed; Utilities on Site Easements: Power Line/TVA; TVA Flowage Easement Lot Description: Irregular Lot; Lake/Water Access; Level; Waterfront View: Lake View; Lakefront; Mountain View Documents on File: Topography Map Developmnt Potential: Commercial; Multi-Family; Recreational Utilities Available: Cable TV; Electricity Zoning: Zoned Commercial Present Structures: Mobile Home; Tenant House; Other Undeveloped: No Garbage Pickup; Well New Financing: Cash; Conventional; New Loan Showing Instructions: See Agent Instructns
Listing Office: ReMax Real Estate Ten
Office Phone: 423-581-8881
Last Updated: December - 23 - 2024
00 Slate Hill Rd, Mooresburg, TN 37811- MLS# 1276616
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