Campground and outdoor resort
Asking Price: | $195,000 |
Cash Flow: | $108,000 |
Are you looking to own a business without the 10 hour work days. One of the partners in this outdoor resort located 30 mins out of downtown Chattanooga needs to cash out which provides someone a great opportunity to become a partial owner in a booming industry.
Last year over 51m Americans went camping and there are 11m RV owners in the US. This property is within a two hour drive of 11m people.
The best part is the real estate is owned and has over $1m in equity so you investment is asset based in a hot real estate market that has seen an average 11% appreciation rate. There are over $2m in improvements to the property including the club house and bath houses.
If you want to be hands on that is also negotiable. Please email us for more information.