Cherokee Camper Park

Cherokee Camper Park

Cedar bluff, AL
Available
  • Property Type: Manufactured Housing
  • Property Size: / 21± Acres / 199 Sites

Overview

Capstone Manufactured Housing is pleased to present Cherokee Camper Park, a 199-site MH/RV community located in Cedar Bluff, Alabama. Cedar Bluff is known for its ideal position on Weiss Lake, which is a major attraction for tourists and vacationers. Residents at Cherokee Camper Park enjoy lakeside living, as the 21-acre community has significant waterfront access with boat docks and a boat ramp. During the off-season, residents can park their boat at the onsite boat storage facility, which is currently 100% occupied. Outside of the boating amenities, there is a newly renovated swimming pool, a pavilion, and bath house. The community consists of 33 MH sites and 166 RV sites, and as a key highlight, all the RV sites are rented out on a long-term basis. This allows the owners to operate the park more similarly to a manufactured housing community, and there is little risk of turnover. Furthermore, the entire community is 98% occupied, with only 1 vacant site. This offering presents the ideal opportunity to acquire a stabilized asset, with several operational efficiencies and waterfront accessibility to Weiss Lake.

Investment Highlights

  • Located On Weiss Lake with Waterfront Access
  • Beautiful Curb Appeal
  • Excellent Amenities Package, Including Swimming Pool and Boat Docks
  • Public Utilities
  • Strong 98% Occupancy
  • All RV Sites are Long-Term
  • No Park-Owned Homes
  • Proximity to Major MSAs

Contact Information

Brian Hummell Senior Investment Sales Advisor P: 614.318.5482
O: 800.261.9464 ext. 711
hummell@capstone-companies.com
Jon Wilsman Investment Sales Advisor P: 386.871.4716
O: 800.261.9464 ext. 724
jwilsman@capstone-companies.com
Kevan Enger Partner P: 407.494.8541
O: 800.261.9464 ext. 704
kevan@capstone-companies.com
Ian Hilpl Director P: 315.406.0900
O: 800.261.9464 ext. 708
ian@capstone-companies.com
Hunter LaRocca Investment Sales Advisor P: 407.227.9643
O: 800.261.9464 ext. 712
hunter@capstone-companies.com
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