335 Randall Fugate RdSpring City, TN 37381
- Other commercial real estate
- 0.34 AC
Property Details for 335 Randall Fugate Rd
- Lot size
- 0.34 AC
- Property type
- Other commercial real estate
- APN
- 019G B 00300
- APU
- 019GB00300
Description
Exceptional investment opportunity: a thriving 6-lot RV park nestled near Watts Bar Lake in Spring City, Tennessee (37381). This 0.68-acre property (APN: 019g B 003.00, 004.00) features two existing tiny homes, four additional RV pull-through sites, each equipped with 50, 30, and 20 amp service with separate meters, accommodating RVs up to 40 feet with slide-outs. Each lot boasts gravel surfacing, a fire pit, and a picnic table, separated by small privacy fences near septic hookups. City water is readily available. Amenities include a storage shed and a communal picnic/fire pit area. The park's prime location is just two blocks from Watts Bar Lake and the Tennessee River, one block from Arrowhead Marina & Resort, and two blocks from the Rector Creek public boat launch, with easy access to Terrace View Marina and restaurant. Two years of proven income statements are available, and opportunities exist to further increase revenue. The property is offered for sale at $198,000, with the option to purchase without the tiny homes. This turnkey business presents a unique chance to own a successful, established venture in a highly desirable lakeside location. Contact us today to schedule a private showing.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $3,631,367
- Hospitality
- $3,326,313
- Educational
- $2,767,453
- Medical
- $2,862,630
- Retail
- $4,304,927
Location Insight
- City
- Spring City
- County
- Rhea
- State
- Tennessee
- Latitude
- 35.7405
- Longitude
- -84.7564
- CBSA code
- 19420
- CBSA name
- DAYTON, TN MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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