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Residential Land For Sale

Picture of Residential Land For Sale in Mooresburg, Tennessee, United States

$1,250,000

00 Slate Hill Road
Mooresburg, Tennessee, United States

4 acres

Listed By: Homes & Land Magazine

Listed On: 10/15/2024

Listing ID: GL11963679 View More Details

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 residentsmdash;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#039;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 infrastructuremdash;including eight or nine septic systems and a shared wellmdash;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.
Source: The World Property Journal

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