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Case Study

Confidential Off-Market Sale of a 95-Site Smoky Mountain RV Resort

The transaction path for Whispering Pines Mountain RV Resort (Pigeon Forge, TN)

Confidential Off-Market Sale of a 95-Site Smoky Mountain RV Resort

Maximizing Valuation While Protecting Operational Confidentiality

Located just 12 miles outside Great Smoky Mountains National Park, Whispering Pines Mountain RV Resort is a premier 95-site destination campground generating over $580,000 in annual gross revenue through a mix of 80 RV sites (pull-through 50-amp full hookups) and 15 luxury log cabin rentals.

When the Callahan family decided to redeploy capital into a multi-family syndication, their primary concern was confidentiality.

The Challenge: Avoiding Staff & Booking Disruption

"In a tourist hub like Pigeon Forge, if word leaks that a park is for sale, seasonal staff begin looking for other jobs, and repeat campers worry that rates or reservations will change," said Brenda Callahan. "We could not risk putting a public 'For Sale' sign on the road or listing on public portals without confidentiality safeguards."

The Solution: Verified Investor Access

Greg Callahan utilized RVParkShop’s confidential listing tier. General public visitors saw only the region, site count, and high-level cap rate metrics. Full address, tax returns, and site plans were locked behind RVParkShop's automated NDA verification workflow.

This ensured that only institutional funds, accredited private equity groups, and certified hospitality buyers who had verified liquidity could access sensitive financial models.

Results & Closing

  • 18 qualified buyer inquiries within the first 14 days.
  • 2 competitive all-cash bids submitted during initial diligence.
  • Closed at $3,650,000 (98.6% of list price) with a 30-day closing window.

"RVParkShop gave us the exact confidentiality and speed we needed," noted Greg. "We closed smoothly with an established hospitality portfolio group without any operational downtime or team turnover."

Sold for $3.65M in 42 Days (98.6% of List Price)
Sale Achievement

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