Established Cabin & RV Resort on Norfork Lake Arkansas
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Complete Turn Key Business with Room for expansion
ESTABLISHED CABIN & RV RESORT ON NORFORK LAKE ARKANSAS
This exceptional lakeside resort presents a rare investment opportunity in Arkansas's premier recreational destination. Established in 2021, this fully operational property combines modern amenities with significant expansion potential on beautiful Norfork Lake.
FINANCIAL OVERVIEW
Asking Price: $890,000
Annual Revenue: $147,660
Cash Flow (SDE): $143,167
FF&E Value: $167,175
Real Estate Included: $237,500
Seller Financing Available
PROPERTY FEATURES
The resort encompasses 4,682 square feet of buildings across multiple revenue-generating structures. Recent capital improvements since 2021 include completely renovated cabins, new RV sites with 50-amp service, modern camp store and office (built 2023), commercial laundry facility, and two-stall bathhouse. The property features a covered pavilion with outdoor kitchen, nine-bay storage building, swimming pool and if interested and purchased separately, a luxury 2,966-square-foot owner's residence with high-end finishes and private spa.
REVENUE STREAMS
Multiple income sources provide stability and growth potential:
- Daily and seasonal RV rentals with full hookups accommodating 45-foot RVs
- Short-term cabin rentals in four fully renovated units
- Camp store operations
- Propane sales
- Boat and equipment storage rentals
- Private multi-slip boat dock access
INFRASTRUCTURE & UTILITIES
The property boasts upgraded utility infrastructure including metered 50-amp electric service, commercial well water system, and newly expanded septic systems designed to support future development. The over-engineered septic system installed in 2022 accommodates planned expansion.
EXPANSION OPPORTUNITIES
Approximately 4-5 acres of undeveloped land offer significant growth potential for additional RV pads, glamping sites, or tent camping areas. The existing utility infrastructure supports immediate expansion above RV sites 2-3 and below sites 6-12.
COMPETITIVE ADVANTAGES
This resort stands as the only RV and cabin resort on Norfork Lake offering this complete package of amenities. The combination of 50-amp RV sites, completely renovated cabins, and comprehensive facilities creates a unique market position.
OWNER SUPPORT
Seller provides three months of post-closing support and training, including reservation system training, maintenance requirements for well and pool systems, sales tax procedures, and current marketing program transfer.
LOCATION
Situated in Elizabeth, Arkansas (Baxter County), the resort provides guests direct access to Norfork Lake's premier boating, fishing, and watersports activities while maintaining a private, serene atmosphere.
This established business represents an excellent opportunity for an investor seeking a profitable hospitality operation with substantial room for growth in Arkansas's thriving outdoor recreation market.
This exceptional lakeside resort presents a rare investment opportunity in Arkansas's premier recreational destination. Established in 2021, this fully operational property combines modern amenities with significant expansion potential on beautiful Norfork Lake.
FINANCIAL OVERVIEW
Asking Price: $890,000
Annual Revenue: $147,660
Cash Flow (SDE): $143,167
FF&E Value: $167,175
Real Estate Included: $237,500
Seller Financing Available
PROPERTY FEATURES
The resort encompasses 4,682 square feet of buildings across multiple revenue-generating structures. Recent capital improvements since 2021 include completely renovated cabins, new RV sites with 50-amp service, modern camp store and office (built 2023), commercial laundry facility, and two-stall bathhouse. The property features a covered pavilion with outdoor kitchen, nine-bay storage building, swimming pool and if interested and purchased separately, a luxury 2,966-square-foot owner's residence with high-end finishes and private spa.
REVENUE STREAMS
Multiple income sources provide stability and growth potential:
- Daily and seasonal RV rentals with full hookups accommodating 45-foot RVs
- Short-term cabin rentals in four fully renovated units
- Camp store operations
- Propane sales
- Boat and equipment storage rentals
- Private multi-slip boat dock access
INFRASTRUCTURE & UTILITIES
The property boasts upgraded utility infrastructure including metered 50-amp electric service, commercial well water system, and newly expanded septic systems designed to support future development. The over-engineered septic system installed in 2022 accommodates planned expansion.
EXPANSION OPPORTUNITIES
Approximately 4-5 acres of undeveloped land offer significant growth potential for additional RV pads, glamping sites, or tent camping areas. The existing utility infrastructure supports immediate expansion above RV sites 2-3 and below sites 6-12.
COMPETITIVE ADVANTAGES
This resort stands as the only RV and cabin resort on Norfork Lake offering this complete package of amenities. The combination of 50-amp RV sites, completely renovated cabins, and comprehensive facilities creates a unique market position.
OWNER SUPPORT
Seller provides three months of post-closing support and training, including reservation system training, maintenance requirements for well and pool systems, sales tax procedures, and current marketing program transfer.
LOCATION
Situated in Elizabeth, Arkansas (Baxter County), the resort provides guests direct access to Norfork Lake's premier boating, fishing, and watersports activities while maintaining a private, serene atmosphere.
This established business represents an excellent opportunity for an investor seeking a profitable hospitality operation with substantial room for growth in Arkansas's thriving outdoor recreation market.
About the Business
- Years in Operation
- 5
- Employees
- 1 Part-time
Seasonal employee, part time - Facilities & Assets
- Year-round cabin and RV resort offers a premier investment opportunity in a highly sought-after Norfork Lake. Situated on 9.5 acres of commercially zoned land, the property features a mix of 50-amp full-hookup RV sites and fully renovated/furnished cabins. The destination is perfectly equipped for modern travelers, offering robust amenities including a swimming pool, an outdoor kitchen/pavilion, a commercial laundry facility, and a well-stocked camp store.
Eight slip boat dock provides access to Norfork lake for swimming and watersports. With exceptional online reviews, steady seasonal and short-term occupancy, this turnkey business provides strong immediate cash flow with several acres primed for future expansion.
Offered separately, a newly constructed 2,966 sq ft owner’s residence provides premium on-site living. The owner's residence has been rezoned from Commercial to Residential affording a potential buyer a lower loan rate for the residence along with reduced property taxes. - Website
- Show Website URL
- Market Outlook / Competition
- This resort is the only RV and cabin resort on Norfork Lake that offers the amenities listed. The RV sites with full hook up (50 amp service, water, sewer) that can accommodate 45 ft RVs. No other resort has the complete package with completely renovated cabins.
- Opportunities for Growth
- There is land above RV sites 2 and 3 that can expand to other RV sites. There is land below the RV sites 6 -12 that also can be expanded to RV or camping sites. The possibilities are what you can imagine. The new septic system that was put into place in 2022 was over built to accommodate expansion.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 4,682
About the Sale
- Seller Motivation
- Looking to retire 100% and start spending time with family and friends.
- Transition Support
- Support and training for transfer 3 months after closing. Includes reservation training, maintenance requirements for well, swimming pool, sales taxes and current marketing program.
- Financing Options
- The resort is being offered separate from the owner's residence.
Listing Info
- ID
- 2550187
- Listing Views
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Business Location
Listing ID: 2550187 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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