5340 US-321 - Specialty FOR SALE


Butler, TN 37640
$1,800,000 USD
309-826-6641
5340 US-321, Butler, TN for Sale
$1,800,000 USD
Specialty - FOR SALE
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null | Request Cap Rate

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5340 US-321
Butler, TN 37640


HIGHLIGHTS

  • 6 Cabins, 7 RV sites, 16 Tent sites, 3 bay utility building, Luxury Bathhouse and kitchen/rec area
  • 8 Springs on property, Creek runs through the property, 5 separate septic systems
  • 80 acres of property with Multiple other building sites on property

OVERVIEW

Welcome to Your 81 ACRE Mountain Campground Retreat & Income-Generating Adventure Oasis! Nestled in the heart of the Cherokee National Forest and just minutes from Watauga Lake, this breathtaking 81-acre multi-zoned mountain property offers an unmatched blend of serenity, recreation, and opportunity. Whether you're looking to expand a hospitality business, create a private retreat, or invest in a multi-functional mountain escape, this property has it all. Currently operating as a turnkey, fully operational campground, the developed acreage includes: A 2-bedroom, 1.5-bath Cozy Cottage (approx. 1,000 sq ft), beautifully appointed and ready for 4 guests; 4 primitive-style cabins (sleep 4 each), 7 full RV hookups (water/septic), 16 creek-side tent sites - 9 with electric, 2 glamping setups, a studio-style Mountain top View Cabin with stunning lake and mountain views. At the heart of the campground is a 1500 sq ft bathhouse featuring 7 private, stylish bathrooms, a fully stocked common kitchen, game area, coin laundry, and gathering space with an outdoor kitchen - all thoughtfully designed. Previously an up and coming campground with strong local and traveler support, this property experienced a temporary decline in occupancy following the recent hurricane in the area. The grounds became a hub for community focused clean-up and recovery, which impacted tourism and bookings during that period. The firehouse on the property was erected to provide fire services in the immediate when the nearby firehouse was completely lost in the storm. Once the firehouse is rebuilt down the road, the 3 bay firehouse will remain and be available for RV storage, venue purposes, or whatever you need it to be. Now, with the area stabilized and infrastructure being restored, the campground presents a compelling opportunity for a new owner to capitalize on it's prior success and bring it to full potential. The road that has been closed nearby for bridgework is due to be reopened in September 2025 reestablishing easy access from North Carolina as well. Other natural Resources that make this campground shine include: Abundant spring-fed water sources; Black Branch Creek meanders through the property; A charming pond and hiking to Gunner Falls. 2 Firewood-stocked tobacco barns; Prepped site for sand volleyball; A plumbed 3-bay structure (currently a temp firehouse) with rental/storage potential. Among the On-Site Activities include: Axe throwing, tetherball, ping pong, horseshoes, darts, kayaks, firepits, board games, and even fiber internet - everything guests need for adventure, relaxation, or remote working. With trails winding through wooded hills, other potential building sites, and over 75 undeveloped acres to explore or expand, this unique property offers limitless potential. Whether you're creating a retreat center, campground, event venue, or legacy property, this is your chance to own a slice of East Tennessee. For financial information and improvement investments see documents attached.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$445 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Camp Faith Campground

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Religious Facility

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

80 AC

LAND SF

3,484,800 SF

ZONING

Commercial and Res

APN/PARCEL ID

061 020.00,

ASK ABOUT THIS PROPERTY

Lori HallattEpique RealtyMore Info
309-826-6641

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Lori HallattEpique RealtyMore Info
309-826-6641

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