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Moving to TN and need a new career? This Marina/Campground will be a great money maker and a lot of fun to run. There is a 10 CAP rate on this one!! 296 Boat slips of all sizes including houseboats, 36 camper sites with electric and well water, 13 cabins including a 3 bedroom owners house with garage overlooking the lake. We have secured a local lender that will look at anyone that needs financing for this project. The property is in good shape and has seen a lot of improvements in the last few years. Owner is retiring and needs someone to come in and take this to the next level. The area is fantastic and the marina is just off the highway. Approx 30 min to Johnson City TN or Boone NC. Both growing areas for business and population. Drone video available along with a marketing package.

PROPERTY FEATURES

Utilities : Cable Available,Electricity Available,Fiber Internet Electric : 100 Amp Service,Underground Water Source : Public,Spring Sewer : None,Septic Tank
Parking Features : Additional Parking,Common,Parking Lot,Unpaved
Lot Features : Lake on Lot,Sloped Road Frontage Type : Highway Waterfront Features : Lake Front,Marina in Community
Business Type : Recreation
Heating : Heat Pump Cooling : Central Air,Window Unit(s)
Roof : Metal

PROPERTY DETAILS

Street Address: 200 Mallard Cove Road
City: Butler
State: Tennessee
Postal Code: 37640
County: Carter
MLS Number: 704509
Year Built: 1997
Courtesy of Clinch Mountain Realty & Auction

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