Investment Property on Watauga Lake!

Vacant Land for Sale
Catylist Listing ID: 30512268
Property Subtypes: Hospitality, Vacation/Resort, Other
Gross Land Area: 0.80 Acres
Sale Price: $205,000
Unit Price: $256,250 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/7/2019

Overview / Comments

GREAT BUSINESS INVESTMENT PROPERTY ON THE LAKE!! This is a great opportunity to build your own RV rental business with lake access and 200 ft of water frontage. Campsites are rented yearly, monthly and/or nightly. There are four campsites each with full hookups to electric, septic and water. There is currently no dock but owner plans to have a small floating dock built soon. Conveniently located close to Mountain City, Elizabethton and Boone, NC. Come and build your RV rental business on Lake Watauga! There are five more campsites on .805 acres of property across the driveway that can be purchased at an additional price. Buyer/buyer's agent to verify all info.

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Additional Details

Nearest MSA: Johnson City
County: Johnson
Tax ID/APN: 081 069.03
Zoning: COMMERCIAL
Property Located Between: Watauga Lake, Butler
Property Visibility: Good
Zoning Description: Commercial
Topography: Level
Easements: Other
Easements Description: TVA
Available Utilities: Electric, Water
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,244 3,973
Median Age: 42.36 44.41
Households: 521 1,698

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