$3,100,000
107 Lay Hollow Rd, Sharps Chapel, TN 37866
Sharps Chapel Campground is a stabilized, income-producing asset on 103 and 107 Hollow Rd featuring 43 campground sites with long-term tenants, 52 self-storage units, an on-site laundromat, and a 1,624 SF single-family residence (3BR / 1BA) built in 1963.
Currently operating at approximately 90% occupancy, the property benefits from a stable resident base of long-term campground tenants, creating recurring income and reducing turnover associated with transient campground operations. ~90% Occupied
The property also presents a compelling value-add opportunity, with ownership planning expansion that includes:
14 additional camper pads
25 new RV parking spaces
Located near the recreational draw of Sharps Chapel and Norris Lake, the asset benefits from steady regional demand and continued long-term occupancy trends.
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107 Lay Hollow Rd, Sharps Chapel, TN 37866