Current Use by Public Records
- Commercial real estate
Property Details for 58 Lambs Ferry Rd
- Year built
- 1982
- Lot size
- 3.88 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity in Leoma, TN, presents a thriving 3,712 sq ft RV park and two duplexes on a spacious 3.88-acre lot. The park boasts 16 RV sites, currently housing 9 tenants, each generating $650 monthly including internet and full hookups (water, sewer, and electric). The two duplexes, each with two units, are fully occupied, providing a consistent rental income of $3200 per month. This translates to a substantial monthly income stream from both the RV park and the rental units. The property's convenient location offers easy access to town amenities and is only 30 minutes from Florence, AL. Adding to its appeal, the property is situated adjacent to the picturesque Hope Botanical Gardens. Both duplexes are scheduled for encapsulation underneath, enhancing their longevity and value. This unique business opportunity combines the steady income of rental properties with the growing demand for RV park accommodations, presenting a compelling investment prospect with significant potential for future growth and profitability. The property is ready for immediate income generation.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Leoma
- County
- Lawrence County, TN
- State
- Tennessee
- Longitude
- -87.3743
- Latitude
- 35.1332
