$1,000,000
00 Slate Hill Road
Mooresburg, TN 37811
MLS# 9971232
Status: Closed



Cherokee Lake Campground - 1
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Property Description
This Cherokee Lakefront campground in Mooresburg, TN spans 4.08 acres across two parcels, offering an exceptional income-generating opportunity. The property features 24 fully rented campsites, all under year leases, with no full-time residents—these sites are reserved exclusively for vacation and weekend use. Additionally, the campground includes four remodeled mobile homes, each on year leases except for one on a month-to-month basis. There's plenty of room for expansion for additional sites. Campers enjoy the convenience of on-site boat storage, which provides an extra revenue stream, while the existing infrastructure—including eight or nine septic systems and a shared well—ensures smooth operation. The current owners are willing to offer consulting assistance for a couple of months after the sale to help with a seamless transition. This campground offers a rare chance to own a fully functioning, lakefront investment property with steady income and room for growth.

Details
Maps
Location, Tax & Legal Info
Parcel ID: 035
Deed Book #: 1340
Deed Page #: 880
City Taxes: 0
County Taxes: 1800
Contract Info
List Price/Acre: 306372.55
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 1250000
Current Price: $1,000,000
Listing Date: 2024-09-16
General Property Description
Acres: 4.08
Lot Size: 315 x 574 IRR
Zoning: Commercial
Elementary School: Mooresburg
Middle School: Rogersville
High School: Cherokee
Home Warranty: No
HOA Y/N: No
Remarks & Misc
Directions: Hwy 25E to Rocky Summitt Rd to Slate Hill Rd.
Property Condition
Updated/Remodeled: 1
Land Type
Commercial: 1
Income Producing: 1
Residential: 1
Resort/Vacation: 1
Other Structures
Outbuilding: 1
Shed(s): 1
Lot Features
Level: 1
Road Access
2 Lane Road: 1
Road Surface Type
Paved: 1
View
Mountain(s): 1
Water: 1
Info Available
Aerial: 1
Profit/Loss Statement: 1
Topo Map: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Permitted
See Remarks: 1
Water
Well: 1
Sewer
Septic Tank: 1
Access/Trans
Public Maintained Road: 1
Will Not Divide: 1
Topography/Lot Description
See Remarks: 1
Easements
Power Line: 1
Existing Finance
None: 1
Waterfront Features
Lake Front: 1
Lake Privileges: 1
Location Tax Legal Info
House #: 00
Street Name: Slate Hill
St Suffix: Road
Area: Hawkins
State/Province: TN
Zip Code: 37811
Area: 416 - Surgoinsvl/Rogersvl/W Hawkins
Subdivision: Not In Subdivision
Status Change Info
Under Contract Date: 2024-09-26
Sold Date: 2024-12-23
Sold Price: $1,000,000
Property Features
Land Type: Commercial; Income Producing; Residential
Other Structures: Outbuilding; Shed(s)
Lot Features: Level
Road Access: 2 Lane Road
Road Surface Type: Paved
View: Mountain(s)
Info Available: Aerial; Topo Map
Water: Well
Sewer: Septic Tank
Easements: Power Line
Existing Finance: None
Utilities: Cable Available; Electricity Connected
Waterfront Features: Lake Front

Listing Office: REMAX Real Estate Ten of Morristown

Last Updated: December - 23 - 2024

Information deemed reliable but not guaranteed.


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