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1105 W Lake Rd

2,500 SF Speciality Building Offered at £2,741,550 in Spout Spring, VA 24593

Investment Highlights

  • Centrally located at the base of the Blue Ridge Mountains in Virginia. Located 9 Miles from Liberty University and 5 miles from historial Appomattox

Executive Summary

Paradise Lake Campground
- 60 acre campground
- Seasonal, monthly, and nightly opportunities
- 131 campsites of which 92 have a concrete pad. (62 with water, electric, sewer, 30 with water electric)
- 35 primitive sites (tent sites)
- 50 and 30 amp sites available
- 6 acre lake stocked with bass and bream with large beach area for swimming; including platform decks for sun soaking
- kayaks and canoes for recreational use
- basketball court
- 2500 sq ft retail store with arcade and game room
- 20 x 36 swimming pool
- Numerous mowers and tractors; along with other maintenance equipment and building; along with large shop
- large pavilion for parties and cookouts
- excellent maintained roadways throughout the park
- 9 miles from Liberty University and 5 miles from Historic Appomattox, VA
- 100 undeveloped additional acres available for future expansion
- Over $600k in gross income in 2022

Property Facts

Price £2,741,550
Price Per SF £1,097
Sale Type Investment
Sale Conditions 1031 Exchange
Property Type Speciality
Property Subtype Trailer/Camper Park
Building Class B
Lot Size 60.00 AC
Building Size 2,500 SF
Number of Floors 1
Year Built/Renovated 1987/2021
Parking Ratio 44/1,000 SF
Opportunity Zone Yes

Amenities

  • Property Manager on Site
  • Signage
  • Waterfront
  • Air Conditioning

zoning

Zoning Code AG (Agriculture)
AG (Agriculture)
  • Listing ID: 29644590

  • Date on Market: 28/09/2023

  • Last Updated:

  • Address: 1105 W Lake Rd, Spout Spring, VA 24593

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