Ocoee River Rats

Special Purpose for Sale
Catylist Listing ID: 30799169
Property Subtypes: Sports/Entertainment
Building Size (RSF): 12,005 SF
Gross Building Area: See Agent
Sale Price: $1,950,000
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/25/2022

Overview / Comments

Court ordered sale of rafting company with restaurant, large smoker, motel, bunkhouse, shower houses, RV spots with electric and water, pop up spots with electric, campsites, pavillions, buses, rafting equipment, and 7 years left on the river license.
Two parcels totaling 6.43 acres. One mile from Lake Ocoee Swimming area.

Restaurant has not been open since 2012. Has 12 booths, upstairs storage or more room for tables / booths. Restrooms in back of restaurant along with another small storage area. New roof 6 years ago.

Motel has 12 rooms furnished with queen beds and bunk-beds, dresser, table, lamp, and mini-fridge.
One large suite runs the depth of the building ( combining 4 units ) to make a 2 bedrooms with large walk-in closets, living room and full sized kitchen with dining area on the base level.

Shower house has 4 showers, 3 toilets, and sink on women's side. Has 4 showers, a urinal, 2 toilets, and a sink on the men's side.
Bunkhouse shower house has a couple of showers and a toilet for each side.

Bunkhouse is two levels with an open area with picnic tables on the main, 4 rooms with 4 bunks each on the main and 3 rooms upstairs with a total of 36 bunks. Has electric, water, a covered porch, and two camp grills.

Pavillion in the furthest back has picnic tables, electric, water, and camp grill.
Middle pavillion is water only, picnic table, and camp grill.
Pavillion by pop ups.
Front pavillion has electricity and picnic tables.

Gazebo by motel.

Office at corner of motel with large back room for storage or more office space.

Twelve full RV hookups.
Nine pop up spots on one side of the park and 5 more by the RV hookups.
Tent camping in the back with fire rings and picnic tables.

Three buses included.

4 septic tanks - Shower house on one, Restaurants and two apartments on one, one on the hill, and one on the back edge of the property.

Permit for Ocoee has 7 years left.

Additional Details

Nearest MSA: Cleveland
County: Polk
Tax ID/APN: 070065 06402
Property Visibility: Excellent
Total Number of Buildings: 4
Property Condition: Average
Roof Type: Gable
Construction/Siding: Block
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity

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Demographic Statistics

Proximity: 5 miles
Total Population: 5,701
Median Age: 39.46
Households: 2,193

Contact

Photograph of Listing Agent

Shawn Matthews

Coldwell Banker Kinard Realty Greater Chattanooga REALTORS® Member
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