908 E Raccoon Valley Dr | Heiskell, TN 37754
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908 E Raccoon Valley Dr
Heiskell, TN 37754
Raccoon Valley RV Park · Specialty Property For Sale
·
10,000 SF
INVESTMENT HIGHLIGHTS
- Raccoon Valley is a monthly/transient RV park with average rates of ~$18/night and running ~87% occupancy.
- Market rates are ~$25-35/night.
- Located off I-75 within 15 minutes of downtown Knoxville with easy access to regional employment and amenities such as Great Smokey Mountain Natl Park
- By converting to a public park without memberships and increasing advertising spend the occupancy could be stabilized
- Management in-place with current out-of-area owner and ready for stabilization post-membership.
- Opportunity to grow revenue by raising rates, optimizing transient/seasonal site mix to maximize revenue, adding cabin sites, etc.
PROPERTY FACTS
| Property Type | Specialty | Building Size | 10,000 SF |
| Property Subtype | No. Stories | 1 | |
| Building Class | C | Year Built | 1992 |
| Lot Size | 23.77 AC | Parking Ratio | 18.8/1,000 SF |
| Property Type | Specialty |
| Property Subtype | |
| Building Class | C |
| Lot Size | 23.77 AC |
| Building Size | 10,000 SF |
| No. Stories | 1 |
| Year Built | 1992 |
| Parking Ratio | 18.8/1,000 SF |
PROPERTY TAXES
| Parcel Number | 026-059 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $491,800 |
PROPERTY TAXES
Parcel Number
026-059
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$491,800
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