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1105 W Lake Rd 2,500 SF Specialty Building Offered at $3,500,000 in Spout Spring, VA 24593
Investment Highlights
- Centrally located at the base of the Blue Ridge Mountains in Virginia. Located 9 Miles from Liberty University and 5 miles from historial Appomattox
Executive Summary
Paradise Lake Campground
- 60 acre campground
- Seasonal, monthly, and nightly opportunities
- 131 campsites of which 92 have a concrete pad. (62 with water, electric, sewer, 30 with water electric)
- 35 primitive sites (tent sites)
- 50 and 30 amp sites available
- 6 acre lake stocked with bass and bream with large beach area for swimming; including platform decks for sun soaking
- kayaks and canoes for recreational use
- basketball court
- 2500 sq ft retail store with arcade and game room
- 20 x 36 swimming pool
- Numerous mowers and tractors; along with other maintenance equipment and building; along with large shop
- large pavilion for parties and cookouts
- excellent maintained roadways throughout the park
- 9 miles from Liberty University and 5 miles from Historic Appomattox, VA
- 100 undeveloped additional acres available for future expansion
- Over $600k in gross income in 2022
- 60 acre campground
- Seasonal, monthly, and nightly opportunities
- 131 campsites of which 92 have a concrete pad. (62 with water, electric, sewer, 30 with water electric)
- 35 primitive sites (tent sites)
- 50 and 30 amp sites available
- 6 acre lake stocked with bass and bream with large beach area for swimming; including platform decks for sun soaking
- kayaks and canoes for recreational use
- basketball court
- 2500 sq ft retail store with arcade and game room
- 20 x 36 swimming pool
- Numerous mowers and tractors; along with other maintenance equipment and building; along with large shop
- large pavilion for parties and cookouts
- excellent maintained roadways throughout the park
- 9 miles from Liberty University and 5 miles from Historic Appomattox, VA
- 100 undeveloped additional acres available for future expansion
- Over $600k in gross income in 2022
Property Facts
| Price | $3,500,000 | Lot Size | 60.00 AC |
| Price Per SF | $1,400 | Building Size | 2,500 SF |
| Sale Type | Investment | No. Stories | 1 |
| Sale Condition | 1031 Exchange | Year Built/Renovated | 1987/2021 |
| Property Type | Specialty | Parking Ratio | 44/1,000 SF |
| Property Subtype | Trailer/Camper Park | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | AG - Agriculture | ||
| Price | $3,500,000 |
| Price Per SF | $1,400 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | B |
| Lot Size | 60.00 AC |
| Building Size | 2,500 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1987/2021 |
| Parking Ratio | 44/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | AG - Agriculture |
Amenities
- Property Manager on Site
- Signage
- Waterfront
- Air Conditioning
1 1
Property Taxes
| Parcel Number | 73( A) 42 | Improvements Assessment | $481,600 |
| Land Assessment | $330,000 | Total Assessment | $811,600 |
Property Taxes
Parcel Number
73( A) 42
Land Assessment
$330,000
Improvements Assessment
$481,600
Total Assessment
$811,600
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1105 W Lake Rd
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