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Campground and Marina is conveniently located 36837

Midwest Region

$2000000

This opportunity is more of a unique option for someone looking for multiple income streams. This listing focuses on year-round marina services that are appealing to those that love the water and to fish. The campground opportunity is huge with 40 acres to develop of the 71 available acres. 3 of those acres are on the lake with 850ft of shoreline. There are fishing tours, boat rentals, slip rentals, storage facilities, camping and much more! This owner’s retirement could be a great opportunity for you!

Details

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Amenities

On Water
Rentals
Boat Rentals
Owners or Managers Residence

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Features

18 Sites with room to develop

Rentable fish houses that sleep 2-8 people

Protected boat harbor

Deepest boat ramp

Easy access just off highway

Fishing charters

Slip rentals

Boat rentals

RV & wheelhouse storage

Fish house storage

Year-round income

Property Brief

Brief

Sites

18
Total Acres

71
Acres Left to Expand

40

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Water Features

Total Water frontage (feet)

850

Park Has

Park Has

On city sewer, Well
Seller Financing

Yes

Adjusted Net Operating Income

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Year

Gross Sales

Operating Cost

Cap Rate

Net Operating Income ($)

2021

Available

Adjusted Net Operating Income

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Year: 2021

Gross Sales: Available

Operating Cost: Available

Cap Rate: Available

Net Operating Income ($): Available

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From the CGMP Blog

WHAT’S IT WORTH?

NOI/CASHFLOW/CAP RATING - At Campground Marketplace, we recognize the complexities involved in assessing the true value of a campground in the competitive property market.

10-point Process to Selling Campgrounds - Point #10 of 10

The final step in the selling process comes when the money is in the bank! As we’ve mentioned before, we have sold over 500 campgrounds in the last 50 years, while this may be your first sale.

10-point Process to Selling Campgrounds - Point #9 of 10

Due diligence is just as much the seller’s responsibility as it is the buyer's. To ensure the sales process goes smoothly, and to offer the best possible property, make note of a few factors that will be taken into consideration by your buyer.