Harvest Lake RV Park
400 County Rd 618,
Cedar Bluff, AL 35959
 
$1,350,000
Offering Price
52
Number of Units
$25,962
Price Per Unit
16.60%
Cap Rate
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$1,350,000
Offering Price
52
Number of Units
$25,962
Price Per Unit
16.60%
Cap Rate
Beautiful Waterfront RV Park on 12.5 Acres on 50 square mile Alabama Power lake, private boat ramp, 40 waterfront lots. 14 of those waterfront lots have docks. There are 52 existing lots with room for expansion, many new meter bases and power panels (30 & 50 amp). Lots have their own, separate meters. Bath house with laundry hook ups. Cash flow is positive with loads of potential on the upside (18 waterfront vacancies). Wooded area with golf cart trails. Municipal water supply. Includes brand new 1300 sq ft, 3bedroom/2 bath owner’s residence with massive decks and screened porch. Also comes with nearly new, name brand tractor, zero-turn mower pole saw, blower and gas powered utility golf cart. There are several things to do in the Weiss Lake area of northeastern Alabama. Some of the popular activities include fishing for bass, crappie, and catfish, boating and watersports on the lake, camping and picnicking, golfing at Cherokee County Country Club, exploring Little River Canyon National Preserve or DeSoto State Park, visiting the Cherokee Rock Village for hiking and rock climbing opportunities, and enjoying the nearby towns of Gadsden and Fort Payne which offer shopping, dining, and other attractions.
FOR MORE DETAILS CONTACT
Jason Postill
Managing Partner
(386) 679-5729
info@jpcapitalsolutions.com
BK3337232
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