$545,000.00

Agape Motor Coach Resort

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49 Site Class-A Development Opportunity with HOA Exit

RECREATION LAND DEVELOPMENT OPPORTUNITY

This project presents a rare opportunity to take over an existing project that is ready to break ground.

Fancy Gap, Carroll County VA

  • Approximately 22+/- acre site with forty nine (49) Platted & Deeded Lots –
    • Recreational Subdivision, Recreational Vehicle Motor-Coach Retreat
    • Larger Lots for Modern RVs – Accommodates largest allowable RVs on the road with easy hook up on all 49 lots.
    • Large 7,600 Square foot pull through RV lots
  • Less than a mile to the Fancy Gap entrance to the Blue Ridge Parkway
  • Easy access to from Exit 8 at I-77 Fancy Gap, Virginia.
  • Sale Comps: 2017 Average Sale Price Per Individual Lot (6 transactions): $140,817
    • All local sale comps are inferior in terms of location and lot size
  • County recently passed zoning restrictions make it uneconomical to build a similar property or convert an existing RV/MH park to this business model in the future
  • Shovel ready project with local vendor recommendations provided.
  • Great location within the NASCAR Triangle –Charlotte/Martinsville/Bristol.
  • Public water and sewer on site.

 

Details

Price : $545,000.00
Investment Type : Development
Property Type : MHP
Status : Sold
Area : Virginia>Fancy Gap
Address : 33 Trinity Way, Fancy Gap, VA 24328
Utility : Public
POH : None
Acreage : 23.19
Water Info : Public, Included in rent
Sewer Info : Public, Included in rent
Flood Zone Info : Not in flood zone
RV Lots : 49
Lots : 49 (individually deeded lots)
Lot Size : 49
Property ID : 5762

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Glenn Esterson

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