44 Cp Ln Waverly, TN 37185
This exceptional investment opportunity presents a thriving 2.7-acre campground in Waverly, Tennessee, known as Massey's Higher Ground Campground. Situated at Mason's Boat Dock, this established business boasts stunning lake views from each of its fourteen lots. Each lot, equipped with a concrete pad, currently rents for $2,400 annually, with potential for immediate rent increases. The campground is currently at full capacity with a waiting list, demonstrating strong demand and consistent revenue. Well water and septic are provided to tenants, while tenants are responsible for their own electricity. Minimal upkeep is required, making this a low-maintenance, high-return investment. The property is priced at $399,999 and offers a rare chance to acquire a turnkey campground business with established infrastructure and a proven track record of success. This is an ideal opportunity for investors seeking a profitable and relatively hands-off venture in a desirable location. The property is located at 44 Camp Ln, Waverly, TN 37185, in Humphreys County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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.