Year-Round Resort
MNRS #196007

This resort is located on
approximately 5 wooded acres of mostly tall pine trees on a chain of lakes. There is
approximately 525 feet of level sandy lakeshore. The resort consists of 10 vacation lake
homes (5 winterized for year-round use) with the choice of one, two, three, or four
bedrooms. Vacation home 9 is a beautiful log cottage built in 1932. Vacation home 7 was
built in 1991 and vacation homes 1, 2 and 10 have been newly remodeled. There are also
many extras included such as cable television in each rental unit. Many of the rental
units 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 are two year-round apartments for the owner's use, or one
very nice unit used as a rental. The large lodge is located at the water's edge and offers
a game room, store, etc.
The resort has excellent inventory
of furnishings and equipment (inventory list upon request). It has several roll-a-docks, a
pontoon boat, new fishing boats and outboard motors. The owner believes that the present
septic system is up to code (it is the buyer's responsibility to check the facts
concerning the septic system at the county zoning office). There is a private deep well
that services the entire resort operation.
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. The cost of goods inventory is above the selling price of the resort business. (Off season gross monthly income runs approximately $3,000.00 based on seven months). Real estate taxes are considered homestead.
Asking: $425,000.00 (sellers will give immediate possession at any month of the year).
Terms: Down payment requirement is $100,000.00.
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