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Property profile & analytics
OFF-MARKET
Commercial real estate

44 Cp Ln Waverly, TN 37185

2,941 SF 2.7 ac lot Built 1955
Individually Owned 4-yr Hold Free & Clear
Property ID
US80-0301087
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1955
Total area 2,941 SF
Lot 2.7 ac (117,612 SF)
APN 043029A A 00800
UPID US80-0301087
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Chad Anthony Massey · 4 yrs held
Chad Anthony Massey
since 2022
Last sale
$149,000
6 recorded transactions
2022
$225,000
2012
$149,000
2009
$170,000
2008
$25,000
2008
Price N/A
1990
$69,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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