Sharps Chapel Campground is a stabilized, income-producing asset on 103 and 107 Hollow Rd featuring 43 campground sites with long-term tenants, 52 self-storage units, an on-site laundromat, and a 1,624 SF single-family residence (3BR / 1BA) built in 1963.Currently operating at approximately 90% occupancy, the property benefits from a stable resident base of long-term campground tenants, creating recurring income and reducing turnover associated with transient campground operations. ~90% OccupiedThe property also presents a compelling value-add opportunity, with ownership planning expansion that includes:14 additional camper pads25 new RV parking spacesLocated near the recreational draw of Sharps Chapel and Norris Lake, the asset benefits from steady regional demand and continued long-term occupancy trends.
Listed By
Agency Name: MRG Realty Partners
Agency Phone: 6519004386
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 302.25 per month $0.00 Principal & Interest $302.25 Property Tax $0.00 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
107 Lay Hollow Rd | MLS# 3250984
This multi-family property located at 107 Lay Hollow Rd , Sharps Chapel, TN 37866 is currently listed for sale with an asking price of call for price. Search Sharps Chapel real estate on www.crye-leike.com today.