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Property profile & analytics
OFF-MARKET
Mobile home & RV parks

365 Fishers Cove Rd Fair Play, SC 29643

84.03 ac lot Built 2022
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents the acquisition of a thriving RV park nestled on the shores of scenic Lake Hartwell in Upstate South Carolina. Currently operating at 100% occupancy with ten sites generating $550 monthly each, this property offers immediate cash flow. Built in 2022, the park sits on 84.03 acres of unrestricted land, boasting approximately 1500 feet of lake frontage. The existing infrastructure includes two 2,000-gallon septic tanks, and importantly, conduit is already in place for three-phase electric, allowing for significant expansion to accommodate approximately 300 additional RV sites. Successful perk tests have been conducted across the land, paving the way for future septic system expansion. High-speed fiber wifi (up to 2500 Mbps upload and download) is also in place. The property's strategic location, a short drive from Atlanta, Charlotte, and Greenville, ensures convenient access for potential visitors and benefits from proximity to major highways. This is a value-add development opportunity with significant upside potential in a rapidly expanding recreational area. The property's APN is 335-00-03-028. The asking price is $1,000,000. The property is located at 365 Fishers Cove Rd, Fair Play, SC 29643.

Property profile
Verified
Property type Mobile home & RV parks
Year built 2022
Lot 84.03 ac (3,660,347 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Coles chimney and brick repair Bricklayer Chimney Services
  • Coles chimney and brick repair services General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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