Colonial Cabins and RV Park

Special Purpose for Sale
Catylist Listing ID: 30186688
Building Size (RSF): 2,376 SF
Gross Building Area: See Agent
Gross Land Area: 4.80 Acres
Sale Price: $475,000
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/27/2017

Overview / Comments

Welcome to Colonial Cabins and RV Park, a 4.8 acre parcel just off of Dayton Pike, zoned for tourist-travel and motel use. It's the only property zoned this way in Soddy Daisy. The campground currently features 28 RV sites and 4 rental cabins. The property has been approved for 8 cabins, and can hold 4 more RV sites. 2 other cabins sit on the property but are in need of renovation. 6 septic tank systems were installed in 2010. Gross annual income between 70k - 80k. There is a parcel close in proximity at 11319 Dayton Pike that can also be purchased as an additional motel site. If your looking for an ideal cash flow retirement plan, then look no further.

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 048D C 025
Zoning: COMMERCIAL
Largest Nearby Street: Dayton Pike
Zoning Description: Tourist-travel and motel use
In Flood Plain?: Yes
Sewer Type: Septic
Legal Description: River Rd

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,663 12,003 26,748
Median Age: 42.23 41.83 41.26
Households: 695 4,613 10,388

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