Property summary
This exceptional investment opportunity presents a thriving 10-unit RV, boat, and storage facility nestled on a spacious 5.16-acre lot at 235 Dancing Eagle Lane, Clifton, TN. Strategically located on Highway 114, this property enjoys high visibility and easy access, benefiting from its proximity to popular recreational destinations. The property is less than four miles from both Riverstone Marina and Clifton Marina, catering to the area's thriving boating and fishing community. The facility itself is only one year old, boasting professionally constructed units with durable concrete floors and individual electric meters. Each of the ten units measures 14 feet by 48 feet, currently operating at full capacity, demonstrating strong demand. The substantial annual income generated from the units, at $2100 per unit including electricity, provides a solid return on investment. Furthermore, the expansive lot offers significant potential for expansion, with room to add approximately 100 more units to meet the growing need. Ample outdoor parking is also available for RVs. This turnkey business is situated near the Arrowhead gated RV community, further enhancing its appeal and potential for future growth. The property presents a rare opportunity to acquire a well-established, high-demand business with significant expansion potential in a desirable recreational area.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
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