329 Rice Ln - Specialty FOR SALE


Springville, TN 38256
$625,000 USD
912-856-3548
329 Rice Ln, Springville, TN for Sale
$625,000 USD
Specialty - FOR SALE
1/1
null | 8.54% Cap Rate

329 Rice Ln
Springville, TN 38256


HIGHLIGHTS

  • Usable all year round
  • Has long term tenants in place. M2M
  • Minutes from several boat docks
  • Instant cash flow

OVERVIEW

Income-generating campground property located in an unincorporated area just minutes from multiple boat ramps. The property features one double-wide mobile home, three cabins, four designated RV/camping sites, a bath house, and a laundry building equipped with three washers and three dryers. Additional improvements include a storage shed and garage shed. The property is leased year-round, offering steady income and an excellent opportunity for investors seeking a turnkey recreational rental property.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$349 USD /SF

CAP RATE

8.54%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rice lane Camp Ground

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.09 AC

LAND SF

91,040 SF

ZONING

Residential

APN/PARCEL ID

047-043.01

ASK ABOUT THIS PROPERTY

Chad FriedmanKeller Williams Realty | KW CommercialMore Info
912-856-3548

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Chad FriedmanKeller Williams Realty | KW CommercialMore Info
912-856-3548

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