Tiny Home Village next to State Park with Jack Golf course
$825KHenderson, Tennessee
Chickasaw Chalet represents an established residential rental community strategically positioned on 12.81 acres adjacent to Chickasaw State Park in Henderson, Tennessee. This turnkey investment opportunity features seven existing cabin units constructed in 2000, currently generating consistent revenue through a 55+ community model with annual lease agreements.The property operates with five income-producing units at $1,100 monthly rent each, generating $66,000 in annual gross revenue. One unit serves as an administrative office, while the owner occupies a 1,600 square foot on-site residence. Current net operating income totals $46,800 annually with monthly operational expenses of $1,600.Significant expansion potential exists through five additional permitted cabin sites, which would increase capacity to twelve units and projected annual gross revenue to $158,400. Conservative projections indicate potential net income of $120,000 upon full buildout, representing substantial return on investment opportunity.The location provides exceptional recreational amenities including direct access to Chickasaw State Park's two lakes offering swimming, fishing, and water sports, plus extensive hiking and bird-watching trails. A Jack Nicklaus Signature Design golf course operates adjacent to the property, enhancing the recreational appeal and market positioning.Operational flexibility allows for multiple business models including continued residential leasing, conversion to short-term vacation rentals, or traditional campground operations. The property includes two additional outbuildings for storage and maintenance operations.Financial advantages include exceptionally low property taxes of $1,838 annually and established operational systems. The business maintains an online presence through ChickasawChalet.com, supporting marketing and reservation management.This investment offers immediate cash flow with proven operational history, significant expansion capability, and prime recreational location positioning for sustained market demand in the growing outdoor hospitality sector.
Asking Price
$825K
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