Year-Round Resort
MNRS #196001

Consisting of approximately 4
wooded acres of mostly tall pine trees located on a chain of lakes, this resort property
has approximately 424 feet of level sandy lakeshore. The resort has 7 vacation lake homes
(4 winterized for year-round use) with the choice of one, two, three, or four bedrooms.
Two of the rental lake homes are mobile homes with one being seasonal and the other being
year-round. Vacation home 7 was built in 1991 and vacation homes 1 and 2 have been newly
remodeled in the past three years. These three units are also open year-round. There are
many extras included (such as cable television) in each rental unit. Many of the rental
units also have enclosed screened in porches. Along with the vacation homes there are also
two R.V. sites which are located close to the water's edge. The R.V. sites offer full
hookups, water, electric and sewer.
There is a 3 bedroom owner's apartment in the main lodge with 1 1/2 baths and a kitchen and dining area combined. It has six-foot glass patio doors that open onto a patio deck level with the sandy front of the lake. The main lodge is located at the water's edge and offers a nice store area and game room. No food or liquor is served at the main lodge.
The resort has excellent inventory
of furnishings and equipment (inventory list upon request). It has roll-a-docks, a pontoon
boat, fishing boats and outboard motors. There is a private septic system that the present
owners believe meets all codes to the best of their knowledge. A private deep well
services the entire resort operation. The sellers will train new buyers, and real estate
taxes are considered full homestead
This is a wonderful resort property located just minutes north of a resort community and 3 miles from a downhill ski resort by a lake. There is a county tar road to the resort located in the heart of the lakes country. Many improvements have taken place over the past few years. This is truly a "one of a kind" resort property that offers a bright future. This resort property is very neat and clean. Sellers state that there is approximately a 75% repeat customer base. (Off season gross monthly income has been running on average at $2,500.00 per month based on approximately 7 rental months).
Asking: $395,000.00 Equipped (Sellers will give immediate possession at any time).
Terms: Down payment requirement is $100,000.00, balance to be financed on a 20 year
contract for deed on a 9% fixed rate of interest, semi-annual payments.
Photos and Profit & Loss Statements Upon Request
**Information Herein Deemed Reliable But
Not Guaranteed.**
**Subject to Change at Any Time.**
For more information please call
Denny Myers, Broker1-800-342-7420
Minnesota Resort Sales | Resort Listings