Property History
Colliers Manufactured Housing & RV Group, serving as the exclusive agent for the Owner, presents a unique opportunity for the sale of the Smoky Mountain RV & Business Portfolio, 203 total site, two resort offering with three established and well-operating recreation focused businesses.
The two RV resorts consists of Little Arrow Outdoor Resort, a 129-site five-star Luxury Resort and Vee Hollow Campground, a 74-site RV Park with expansion.
Wisdom Tree, consists of three businesses, River Rat Rafting, River Rat Tubing and Burger Master.
There is an optional purchase in addition to the portfolio inclusive of: Vee Hollow Mountain Biking, Vee Hollow Bridge, Vee Hollow Land and Stables Drive of approximately 195.7 acres.
The asking price for the portfolio is $48,650,000.
This represents a 9.4% year 1 yield with significant upside.
The asking price for the portfolio is $48,650,000.
This represents a 9.4% Year 1 yield with significant upside.
Little Arrow Luxury Resort and Vee Hollow Campground and the three recreation businesses have been professionally improved and maintained and are managed by local seasoned and dedicated management teams.
Upside opportunities include developing new tiny home sites, new RV sites, adding additional amenities, and creating operational and advertising synergies.
Strong cash flow with significant upside and unachieved synergies.
Strategic Location: Situated in a prime location with easy access to major travel routes, 23 miles from an airport, along the Little River and adjacent to the entrance of the Great Smoky Mountains National Park, the portfolio attracts visitors from regional and national markets.
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