Updated about 3 years ago on . Most recent reply
Small 8 unit RV park about an hour from Nashville TN $139,000
If you are looking for a great real estate investment this 8 unit RV park offers a great return on investment. The park has been closed a few years but could be reopened very quickly. The property is a little over 7 acres but only about 1.3 are flat and used for the campground area. You could easily put glamping or tree house rentals on the rest of the property. The property is grown up but we do have crews coming this week to clean it up.
Long term RV pads are in high demand with over 1m people living in RV's full time and only 600k long term RV pad rentals in the country and TN is in very high demand. Property is located close to Cummins Falls state park and the Cumberland River. Average rent rates per month for full time RV pads are around $500 to $600 a month so the property can generate $3k to $4,800 a month when fully rented. This will provide a great return on investment.
You can see pics at https://photos.app.goo.gl/iDv7...
Priced at only $139,000 firm. No owner financing. Most areas it will cost you $50k in permits to build a park!