Drake's Landing RV Resort & Campground
Springville, TN
Asking price
$2,950,000
Sites
—
Cap rate
—
Price / site
—
About this property
RV Campground for Sale in Springville, Tennessee Near Kentucky Lake Rare opportunity to acquire an established, income-producing RV campground and cabin-rental business near Kentucky Lake in Springville, Tennessee. Drake’s Landing Campground is positioned within the popular Kentucky Lake and Paris Landing tourism market and offers a diversified combination of recurring annual-site income, nightly lodging, covered storage, residential rentals, concessions and camper-related services. Situated on approximately 16± acres across four parcels, the property features 125 annual full-hookup RV sites, six tiny-house cabin rentals and 30 covered boat/RV storage units, each designed to accommodate the storage needs of campers, boat owners and Kentucky Lake recreation enthusiasts. Additional income-producing improvements include a three-bedroom, two-bath rental house and a shop-house residence with rental potential. The campground has been thoughtfully developed with amenities that promote repeat business and an established community atmosphere. Recreational improvements include a recirculating splash pad, large playground, Gaga ball court, covered pavilion and an event area used for live music and seasonal gatherings. A separate gathering-place building provides a shared kitchen, restrooms, freezer, ice machine and space for meals, entertainment and campground activities. The fully equipped concession operation includes its own restroom, commercial-style food-preparation areas, soft-serve ice cream equipment, a snow-cone machine, food warmer, hot dog roller, stove, refrigerator, microwave and point-of-sale system. Additional revenue streams have included ice sales, propane exchanges, camper winterization, maintenance services, deck construction and seasonal food service. Operational infrastructure includes public water, individually metered electricity at the RV sites, septic wastewater systems, campground-wide Wi-Fi, an automated entrance gate, access-card entry and an extensive security system with approximately 31 cameras and license-plate recognition at the entrance. A dedicated maintenance shop, grounds equipment, trailers, tools and other business assets are expected to convey, subject to a final inventory. Drake’s Landing operates primarily through an annual-site model and has maintained a waiting list for campsite availability. The combination of recurring RV-site rent, cabin lodging, residential rentals, covered boat and RV storage, concessions and service income provides multiple revenue channels while offering additional upside through expanded cabin marketing, increased food-service hours, retail sales, automated ice sales and additional storage services. The offering includes the campground real estate, business operations, cabins, rental residences, concession facilities, recreational amenities and selected furniture, fixtures and equipment. The seller is also willing to provide an extended transition period to help introduce the buyer to campers, vendors, operating systems and seasonal procedures. Detailed financial statements, tax-return information, asset schedules and operational records are available to qualified prospective buyers following execution of a confidentiality agreement.
All details
Figures are transcribed from the source listing as published. “Source page last checked” is when our crawler last fetched that page — it is not a check of the financials and not confirmation from the broker.
| Asking price | $2,950,000 |
|---|---|
| Address | 517 Pleasant Grove Road |
| First seen by UnitListed | Sep 19, 2026 |
| Source page last checked | Sep 19, 2026 |
| Source last changed | Sep 19, 2026 |
Trade area
We have not resolved this listing to a US county yet, so there is no public-record context to show. This happens when a listing has no precise location, or sits outside the United States.
Before you call the broker
8 things are not disclosed on this listing. These are the questions that would close the gap — specific to a park, not a generic list.
Net operating income — not disclosed
What is the trailing twelve-month NOI, and what does it include and exclude?
The single number a lender will size debt against. Ask what is excluded — management fees and reserves are the usual omissions.
What period the financials cover — not disclosed
Are these figures trailing twelve months, last calendar year, or projected?
A projected stabilised NOI and a current operating NOI can differ by a third, and both get called "NOI".
Gross income and operating expenses — not disclosed
Can you share a trailing twelve-month profit and loss, with the expense lines itemised?
NOI alone hides whether income is high or expenses are being under-reported. The split is what you underwrite.
Reason for sale — not disclosed
Why is the owner selling, and how long have they held it?
Never published on a listing, always worth knowing. Retirement and a looming capital bill are very different situations.
Site count and hookup mix — not disclosed
How many sites are there, and how many are full-hookup, partial or tent?
Full-hookup sites earn a multiple of what a tent site does. The count alone does not tell you the income.
Operating season and seasonal mix — not disclosed
Is this year-round or seasonal, and what is the split between seasonal, monthly and transient guests?
A seasonal park with a five-month window is a different business from a year-round one at the same annual revenue.
Utility infrastructure — not disclosed
Are water, sewer and electric municipal or private, and what condition is the infrastructure in?
A private septic or well at end of life is a capital item that can exceed a year of NOI, and it will not appear in the expenses.
Permits and non-conforming use — not disclosed
Is the current site count permitted, and is any of it legal non-conforming?
A park operating more sites than it is permitted for cannot be financed at the income it shows.
Asking price — disclosed
Currency of the asking price — disclosed
Whether the land is included — disclosed
What has changed
Every date below is when we observed a change, not when it happened. We first saw this listing on Sep 19, 2026; that is not the same as when it came to market, and we have no way to know the latter.
- Sep 19, 2026First seen by UnitListed
The asking price has not changed across any of our observations.
