335 Lazy Crk Dr Rutherfordton, NC 28139
- Mobile home & RV parks
- 18.00 lot acres
Current Use by Public Records
- Mobile home & RV parks
Property Details for 335 Lazy Crk Dr
- Year built
- 2004
- Lot size
- 18.00 lot acres
- Property type
- Mobile home & RV parks
- Property subtype
- Campgrounds
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rutherfordton
- County
- Rutherford
- State
- North Carolina
- Longitude
- -82.0334
- Latitude
- 35.3729
