ESTABLISHED CABIN & RV RESORT ON NORFORK LAKE ARKANSAS - SOLD AS IS 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.