335 Lazy Crk Dr Rutherfordton, NC 28139
Exceptional opportunity to acquire the highly-rated "Four Paws Kingdom," a 49-unit RV park situated on 18 acres in Rutherfordton, North Carolina. This Class A property boasts a strong NOI of $260,832, resulting in an 8.84% cap rate and an asking price of $2,950,000. Built in 2004, the park features a mix of RV sites, rental cabins, and rental trailers, complemented by a profitable camp store. Amenities include a bathhouse with four private bathrooms and showers, a laundry room with coin-operated washers and dryers, and a dedicated dog wash area. Seven dog parks, including a fenced pond park, cater to the park's canine clientele. Additional features include a large equipment barn/workshop, a detached woodshed, a pavilion with an attached food trailer, and an office with a spacious manager's apartment. The property is serviced by four wells and seven septic systems, all maintained to high standards. The park enjoys excellent online reviews, consistently receiving high ratings on TripAdvisor, Google, Facebook, and BringFido. Property taxes are $4,093 annually. This turnkey operation presents a compelling investment opportunity with significant upside potential. The combination of paved and gravel roads ensures easy navigation throughout the park. The property is offered fee simple.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.