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Informations principales sur 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 analytique

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.

Informations sur l’immeuble

Prix 3 533 453 €
Prix par m² 11,64 €
Type de vente Investissement
Type de bien Spécialité
Sous-type de bien Parc de campeurs/caravanes
Classe d’immeuble B
Surface du lot 30,35 ha
Surface de l’immeuble 303 514 m²
Nb d’étages 1
Année de construction 2020
Ratio de stationnement 0/1 000 m²
Zonage A-1, B-1 - General Agricultural, Limited Business

Caractéristiques

  • Property Manager sur place
  • Signalisation
  • Bord de l’eau
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Taxes foncières

Taxes foncières

Numéro de parcelle
228180000
Évaluation du terrain
53 843 €
Évaluation des aménagements
33 307 €
Évaluation totale
87 150 €
  • ID de l’annonce: 39748262

  • Date de mise sur le marché: 12/03/2026

  • Dernière mise à jour:

  • Adresse: 319 T B Stanley Hwy, Bassett, VA 24055

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