118 Stables Dr - Specialty FOR SALE


Townsend, TN 37882
$35,400,000 USD
770-933-8585
118 Stables Dr, Townsend, TN for Sale
$35,400,000 USD
Specialty - FOR SALE
1/4
null | Request Cap Rate

118 Stables Dr
Townsend, TN 37882


HIGHLIGHTS

  • Upside opportunities - developing new tiny home sites, new RV sites, adding additional amenities, and creating operational and advertising synergies.
  • Strong cash flow with significant upside and unachieved synergies.
  • Prime location w/ easy access to major travel routes, 23 MI from airport, along the Little River & adjacent to entrance of Smoky Mtn National Park

OVERVIEW

Colliers Manufactured Housing & RV Group, serving as the exclusive agent for the Owner, presents a unique opportunity for the sale of the Little Arrow Outdoor Resort, a 5-star premier resort destination nestled in the heart of nature and bordering the most visited national park in America. Little Arrow combines luxury accommodations with an outdoor adventure experience with 129 sites ranging from vacation homes and tiny home to cabins and spacious RV sites and includes top-notch amenities including a pool, commercial kitchen, event space, and abundant recreation options. The property boasts year-round operations with 2024 average occupancy of 56%+ and includes various growth opportunities such as expanding the resort with new lodging units. YTD reservation revenue is up 18% compared to the same period in 2024 and almost 70% of projected 2025 revenue already on the books. 129 Total Sites 76 RV Sites 17 Tiny Homes 19 Cabins 6 Luxury Glamping Tents 4 Primitive Tent Sites 3 W/E RV Sites 2 Vacation Homes 2 Airstreams Water: City | Sewer: WWTP Located near the entrance of the Smoky Mountain National Park, 24/7-Coffee Lounge with Movie & Book Exchange, Kids Playroom, Dog Park, Zero Entry Pool w/ Grottos, Splash Pad & Hot Tub, Cabanas w/ TVs, Enclosed Pavilion (125 person capacity), Campfire Cafe, Sports Courts, Camp Store, Playground, Hiking Trails, Laundry Facility, Luxury Bath Houses, Community Garden Little Arrow is part of the Smoky Mountain RV & Business portfolio which showcases an irreplaceable asset with a diverse range of properties, each with unique attributes. Located at the entrance to the Great Smoky Mountain National Park, the portfolio consists of two RV resorts consisting of 203 sites, three profitable recreational businesses and an optional fourth recreation business. There are strong local in-place management teams with extensive experience in outdoor hospitality and recreation.

FOR SALE DETAILS

PRICE

$35,400,000 USD

PRICE/SF

$35,400 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Little Arrow Outdoor Resort

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Parking Lot, Self Storage, Marina

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

55 AC

LAND SF

2,395,800 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Mike NissleyColliers Manufactured Housing & RV GroupMore Info
770-933-8585

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Mike NissleyColliers Manufactured Housing & RV GroupMore Info
770-933-8585

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.