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227 Lovers Ln
Elizabethton, TN 37643
Camp Renfro · Land For Sale · 2.98 AC

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Multifamily
Total Lot Size 2.98 AC
No. Stories 1

Description

This is a dream investment on one of the best trout fishing rivers east of the Mississippi! Own your own campground right on the Watauga River and make money while you enjoy the lakes, mountains, rivers and the breathtaking scenery of North East Tennessee. This camp ground stays full year round with 36 full service RV sites. There is an office that also houses 2 full bath rooms and a coin laundry facility. There is a 2 story building that contains a 1 bedroom apartment upstairs where the maintenance person lives for free but takes care of everything! Downstairs is a large common area with a pool table, large tv and vending machines for the campers to use. With less than a 5% vacancy rate and river front lots (which is most of them) renting for $450 per month and interior lots renting for $400 per month, this thing makes money! All sites have their own electric meters, water hook up, sewage hook up and parking. This campground was laid out very well, has low operating costs and fantastic income!! Although set up as a campground, most of the campers have been there long term... most several years!! This section of the Watauga river's water level is controlled by TVA and is below the Watauga Dam and Watauga Lake (one of the top 10 cleanest lakes in the country). This is called a "tail water" below the dam and the water remains very cold all year long so the fish thrive

Property Taxes

Property Taxes

Parcel Number
034-203.00
Land Assessment
$17,600
Improvements Assessment
$62,600
Total Assessment
$80,200
  • Listing ID: 11583513

  • Date on Market: 2/13/2018

  • Last Updated:

  • Address: 227 Lovers Ln, Elizabethton, TN 37643

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