200 Mallard Cove RD Active Save Request In-Person Tour Request Virtual Tour
Butler,TN 37640
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 827,640 sqft
Price per Sqft $6
MLS Listing ID 704509
Year Built 1997
Annual Tax Amount $18,417
Lot Size 19.000 Acres
Property Description
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.
Location
State TN
County Carter
Interior
Heating Heat Pump
Cooling Central Air,Window Unit(s)
Exterior
Utilities Available Cable Available,Electricity Available,Fiber Internet
Waterfront Description Lake Front,Marina in Community
Building
Lot Description Lake on Lot,Sloped
Water Public,Spring
Others
Acceptable Financing 1031 Exchange,Conventional,Owner May Carry
Listing Terms 1031 Exchange,Conventional,Owner May Carry