The story
INCOME-PRODUCING RV PARK WITH EXPANSION POTENTIAL IN ERWIN, TENNESSEE! Discover an investment opportunity situated on 1.61 acres in beautiful Erwin, Tennessee! Offered at $480,000, this property features an established RV park with existing water and electrical hookups, septic infrastructure, and a 2-bedroom, 1-bathroom home. With approximately seven campers currently occupying sites at an estimated $600 per month each, the property generates an estimated $4,200 in monthly gross rental income, or $50,400 annually, before expenses. The property offers space for additional campers, with potential for further expansion beyond 10 sites, subject to necessary approvals, utility capacity, and site requirements. The existing home provides additional flexibility for residential use, potential rental income, or on-site management. Whether you're looking to expand your investment portfolio or acquire an established RV park with opportunities for growth, this East Tennessee property deserves your attention! Offered at $480,000. Schedule your private showing today! Buyer and buyer's agent to verify rental income, occupancy, approved site count, expansion feasibility, utilities, septic capacity, zoning, and permits. All information is deemed reliable but not subject to buyer's verification.
