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8415 River Road
Decatur, TN 37322
Asking Price
Contact for price
Cap Rate
20%
Asset Type
Single Family Rental Portfolio Retail
Class
Class B
What's Special
PUBLIC AUCTION! Lakeway RV Park Watts Bar! <p>Bidding Info: WWW.SPENCERAUCTION.COM or 423.667.1711</p><p><span style="color: rgba(42, 42, 51, 1)">16.53± acres bordering more than 2,000 acres of TVA land.</span></p><p><span style="color: rgba(42, 42, 51, 1)">Designed for 83 full-hookup RV sites with 50-amp service. Phase 1 is complete with 35 approved sites ready and generating revenue.</span></p><p><span style="color: rgba(42, 42, 51, 1)">Exceptional guest amenities.</span></p><p><span style="color: rgba(42, 42, 51, 1)">Direct access to
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
