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Smith River RV Park 319 T B Stanley Hwy Parc mobile 5 601 305 $ CAD Bassett, VA 24055
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Faits saillants de l'investissement
- The property underwent major upgrades in 2020 across multiple aspects of infrastructure and improvements.
- 122 (RV) + 5 (Tent) site riverfront outdoor hospitality property situated on approximately 31.20 acres with approximately 3,200 feet of frontage
- County water and sewer to all sites and underground electric service throughout the property.
Résumé de l'annonce
Smith River RV Park is a 127-site (122 RV + 5 tent) riverfront outdoor hospitality asset situated on ±74.41 acres along the Smith River in Henry County, Virginia, featuring approximately 3,200 feet of premier river frontage. This is a rare, irreplaceable asset within a high-demand outdoor recreation corridor.
The property is currently operating below stabilized occupancy, presenting immediate upside through increased transient bookings, rate optimization, and enhanced online marketing. With significant existing capacity and no redevelopment required, the path to stabilization is primarily operational.
Improvements include a ±5,000 SF general store, a ±1,200 SF renovated bathhouse with coin and app-based laundry, on-site management and maintenance, and an established CampSpot reservation system. Major infrastructure upgrades were completed in 2020, including county water and sewer to all sites and underground electrical throughout.
Additionally, the ±74.41-acre parcel includes excess land currently utilized for storage, offering the potential to develop 60+ additional RV sites without the need for major infrastructure expansion. This provides a clear second phase of value creation beyond initial lease-up.
The Smith River is a premier regional destination known for trophy trout fishing, kayaking, and tubing, drawing visitors from Virginia, North Carolina, and beyond. The property is conveniently located just 8 miles from Martinsville along Route 220, with proximity to Philpott Lake and Dam supporting consistent, year-round tourism demand.
The property is currently operating below stabilized occupancy, presenting immediate upside through increased transient bookings, rate optimization, and enhanced online marketing. With significant existing capacity and no redevelopment required, the path to stabilization is primarily operational.
Improvements include a ±5,000 SF general store, a ±1,200 SF renovated bathhouse with coin and app-based laundry, on-site management and maintenance, and an established CampSpot reservation system. Major infrastructure upgrades were completed in 2020, including county water and sewer to all sites and underground electrical throughout.
Additionally, the ±74.41-acre parcel includes excess land currently utilized for storage, offering the potential to develop 60+ additional RV sites without the need for major infrastructure expansion. This provides a clear second phase of value creation beyond initial lease-up.
The Smith River is a premier regional destination known for trophy trout fishing, kayaking, and tubing, drawing visitors from Virginia, North Carolina, and beyond. The property is conveniently located just 8 miles from Martinsville along Route 220, with proximity to Philpott Lake and Dam supporting consistent, year-round tourism demand.
Faits sur la propriété
| Prix | 5 601 305 $ CAD | Taille du lot | 75,00 AC |
| Type de vente | Investissement | Taille du bâtiment | 3 267 000 pi² |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 1 |
| Sous-type de propriété | Parc de mobil-homes | Année de construction | 2020 |
| Classe d’immeuble | B | ||
| Zonage | A-1, B-1 - General Agricultural, Limited Business | ||
| Prix | 5 601 305 $ CAD |
| Type de vente | Investissement |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Parc de mobil-homes |
| Classe d’immeuble | B |
| Taille du lot | 75,00 AC |
| Taille du bâtiment | 3 267 000 pi² |
| Nombre d’étages | 1 |
| Année de construction | 2020 |
| Zonage | A-1, B-1 - General Agricultural, Limited Business |
1 1
Plutôt praticable à pied
30/100
Exceptionnellement facile d’accès en voiture
100/100
Assez praticable en vélo
20/100
Impôts fonciers
| Numéro de lot | 228180000 | Évaluation des bâtiments | 52 882 $ CAD |
| Évaluation du terrain | 85 488 $ CAD | Évaluation totale | 138 370 $ CAD |
Impôts fonciers
Numéro de lot
228180000
Évaluation du terrain
85 488 $ CAD
Évaluation des bâtiments
52 882 $ CAD
Évaluation totale
138 370 $ CAD
Contacts
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Pierce Brazil -
Dimitre Petrov -
Dylan Brazil -
Commercial Real Estate Investors Inc
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Vidéos
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Smith River RV Park | 319 T B Stanley Hwy
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