Red Oak Point, Lots 307 & 308
Clifton, TN
Asking price
$127,500
Sites
—
Cap rate
—
Price / site
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About this property
Red Oak Point Lots # 307 & 308 are two adjacent waterfront lots just inside the mouth of Thompsons Creek which spills into the main channel of the Tennessee River. Lot 307 is a double the width of the single lots so these two lots together total over 0.3 acres and boast over 100 ft of waterfront. They are located at the end of a dead end road. Mature trees on the creek bank provide natural shade and there is a 40 x 40 site built pole barn to house your RV or other vehicles. The posts are 15 ft tall and the center peak is approx 21 ft allowing plenty of space for the tallest RV's. Electrical consists of 50 amp and 30 amp service with plenty of lighting under the pole barn plus lights on 2 of the posts. 2 large fans, water filter system and septic provide all the amenities needed for a turnkey RV property! There is water access with steps leading down to the creek and a great view of the river! Community boat ramp. This resort community is located just a short drive from the quaint river town of Clifton which offers Ross Creek Landing (a Jack Nicklaus signature golf course) and lively Clifton Marina with a full restaurant, bar and live music. Outdoor enthusiasts will enjoy boating, swimming and fishing in this unique area of the river that offers multiple islands and marinas and sandbars! Just 2 hours from Nashville or Memphis. 30 minute drive to Savannah, TN where you will find Lowes, Walmart, Kroger, etc. Come see what life on the water has to offer! No HOA. $30/month fee for water.
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 | $127,500 |
|---|---|
| Address | 942 Lexi Ln |
| First seen by UnitListed | Sep 6, 2026 |
| Source page last checked | Oct 24, 2026 |
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 6, 2026; that is not the same as when it came to market, and we have no way to know the latter.
- Sep 6, 2026First seen by UnitListed
The asking price has not changed across any of our observations.
