Address
227 Lovers Lane Elizabethton, TN
Price
$ 899,000
Property Attributes
  • MLS#9914167
  • TypeCommercial
  • CountyCARTER
  • CityElizabethton
  • Zip37643
  • Style
  • Year Built2014
  • Taxes2204
  • Price$ 899,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.98 Acres
Listing Provided Courtesy Of:
COLDWELL BANKER/SECURITY REAL ESTATE
Property Description

This is a dream investment on one of the best trout fishing rivers east of the Mississippi! Own your own campground right on the Watauga River and make money while you enjoy the lakes, mountains, rivers and the breathtaking scenery of North East Tennessee. This camp ground stays full year-round with 35 full-service RV sites. There is an office that also houses 2 full bath rooms and a coin laundry facility. There is a 2-story building that contains a 1-bedroom apartment upstairs that rents for $800 per month! Downstairs is a large common area with a pool table, large tv and vending machines for the campers to use. With less than a 5% vacancy rate and lots renting for $500.00 per month this thing makes money! All sites have their own electric meters, water hook up, sewage hook up and parking. This campground was laid out very well, has low operating costs and fantastic income!! Although set up as a campground, most of the campers have been there long term... most several years!! This section of the Watauga river's water level is controlled by TVA and is below the Watauga Dam and Watauga Lake (one of the top 10 cleanest lakes in the country). This is called a ''tail water'' below the dam and the water remains very cold all year long so the fish thrive! Buyer/Buyers Agent to verify all info.

Price History
10/12/2020 Listed $899,000

General Features

Business Type Other, See Remarks
Complex/ind Park Camp Renfro
Financing Cash, Conventional
Heating Central, Electric
Other Equipment Additional Building(s), Cable TV, Free Standing, Lighting-Other, Pole Sign, Security System
Property Condition Above Average
Property Type C
Roof Asphalt, Metal
Sewer Private Sewer
Subdivision Not In Subdivision
Water Public
Zoning COMMERCIAL

Exterior Features

Exterior Finish Metal Siding
Lot Size 2.98 ACRE
Road Access County Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 37643

Price
AVG $370K
$900K
Taxes
AVG $1,556
$2,204
Visits
AVG 8
2
Year Built
AVG 1976
2014

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