197 Bumpus Mills Marina Rd Bumpus Mills, TN 37028
This exceptional marina on Lake Barkley, situated on 24-48.4 acres in Bumpus Mills, TN, presents a rare investment opportunity. Boasting 28 slips (10 covered), the property generates substantial income from boat slip rentals, cabin rentals, RV parking, camping, and a store/restaurant with fuel sales. Extensive renovations completed between 2022 and 2024 include a new electrical system, updated bathrooms, and a modern security system. The marina also features newer pontoons. This turnkey operation is ideally located near Clarksville and Nashville, offering significant growth potential. The property is zoned C and offers approximately 8,000-10,000 square feet of improved space. Future expansion possibilities exist with the potential acquisition of adjacent land. This is a value-add opportunity with multiple revenue streams and a prime location on a popular lake. The asking price is $915,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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