74 Acre Golf Course & RV Park Complex

74 Acre Golf Course & RV Park Complex
Just 30 Minutes South of Duluth Near Cloquet, MN
MNRS #1960156

MINNESOTA RESORT SALES IS PROUD TO OFFER A VERY NICE, FAMILY OWNED, 34 ACRE, 9 HOLE EXECUTIVE GOLF COURSE WITH AN ADJOINING 40 ACRE PARCEL CURRENTLY USED BY SOME OF THE MEMBERS OF THE CLUB TO PARK THEIR RV’s.

THE COURSE IS A PAR 27, 1600 YARDS THAT HAS 4 HOLES OF 200+ YARDS. IT IS AN IMACULATE COURSE THAT HAS A FULL TIME SUPERINTENDANT OVERSEEING THE ENTIRE OPERATION. THE COURSE HAS A VERY NICE CADDYSHACK THAT OVERLOOKS THE FIRST T-BOX. SEVERAL SHEDS ARE ON THE PROPERTY AS WELL AS A HUGE MAINTENANCE AND REPAIR FACILITY. THE PRACTICE GREEN IS VERY UNIQUE AS IT IS THE SHAPE OF THE STATE OF MINNESOTA. THERE ARE 2 TENNIS COURTS SITUATED NEAR THE PRACTICE GREEN. THERE IS A HUGE INVENTORY GOING ALONG WITH THIS SALE. EVERYTHING NEEDED TO KEEP THE COURSE UP AND RUNNING. BUILT FROM SCRATCH IN 1968, THIS IS ONE OF THE NICEST COURSES IN THE AREA. THE CLUB IS CURRENTLY RUNNING 3 DIFFERENT LEAGUES DURING THE WEEK AND FILLS UP its T-TIMES ON WEEKENDS.

THERE IS A VERY NICE MAIN BUILDING WHICH HOUSES THE OWNERS HOME, A 3 BEDROOM, 1 BATH FACILITY. ALSO UNDER THIS ROOF IS A LOUNGE FOR THE GOLFERS TO RELAX AFTER THEIR ROUND, A NICE MENU TO CHOOSE FROM AND A BANQUET FACILITY USED BY LOCAL COMPANIES AND FAMILIES FOR CHRISTMAS PARTIES, BIRTHDAYS, ETC… THIS BANQUET FACILITY HAS ITS OWN SEPARATE WARMING KITCHEN FOR SERVICE. THE FOOD AND BANQUET FACILITY, JUST LIKE THE GOLF COURSE, HAS A FULL TIME MANAGER OVERSEEING ALL ASPECTS OF THE OPERATION. OUTSIDE ON THE PATIO, OVERLOOKING THE 9th GREEN, THE OWNERS INSTALLED A 30’x30’ COVERED CANOPY THAT HAS TABLES AND CHAIRS. THIS IS TYPICALLY FULL DURING NICE DAYS WITH GUESTS. IT ALSO PROVIDES A GREAT PLACE FOR WATCHING THE GOLFERS COME IN ON THE FINAL GREEN. THERE IS ALSO A VERY EXTENSIVE INVENTORY THAT GOES WITH THIS FACILITY.

SEVERAL YEARS AGO THE OWNERS INSTALLED A COVERED, 2 PUMP GAS STATION ISLAND THAT IS KEPT FILLED BY ONE OF THE LOCAL GAS COMPANIES. THIS HAS PROVEN TO BE BOTH A MONEY MAKER AND A CONVIENIENCE FOR THE RESORT.

THE ADJOINING 40 ACRE CAMPGROUND IS NOT DEVELOPED TO A FULLY OPERATIONAL CAMPGROUND. THERE ARE APPROXIMATELY 30 SITES NOW THAT ARE USED BY THE CLUB MEMBERS WHO WISH TO PARK THEIR RV’S THERE FOR THE SUMMER. THIS IS AN OPPORTUNITY TO GROW THIS ASPECT INTO AN AMAZING FACILITY!!! THE CURRENT SITES HAVE WATER AND ELECTRIC ALONG WITH SOME SATTELIT TYPE TOILET FACILITIES FOR THE GUESTS TO USE. THE CURRENT OWNER ONLY CHARGES $250 PER RV FOR THE WHOLE SEASON. DEVELOPMENT OF THIS ASPECT OF THE RESORT WOULD INCREASE THE CASH FLOW EVEN MORE THAN IT’S IMPRESSIVE GROSS WHICH IS ONE OF THE HIGHEST WE’VE SEEN FOR A PROPERTY AT THIS LOW OF A SALE PRICE.

THE BUSINESS IS OPEN ALL YEAR LONG AS IT PROVIDES YEAR ROUND DINING TO MANY PEOPLE ALL THE WAY FROM DULUTH TO THE LOCAL AREA. IT IS ALSO SITUATED RIGHT ON ONE OF THE MAJOR SNOWMOBILE TRAILS IN THE AREA. THE COURSE WAS EVEN SELECTED BY THE WSA SNOW CROSS SERIES TO HOLD ONE OF THEIR MAJOR SNOWMOBILE RACES A FEW YEARS BACK.

THE INCOME OF THIS BUSINESS WILL SHOCK YOU IF YOU CHOOSE TO INQUIRE AND RECEIVE THE PORTFOLIO WE HAVE PUT TOGETHER ON THIS PROPERTY. YOU WILL NOT BE DISAPPOINTED IF YOU ARE LOOKING FOR A SUPER STRONG BUSINESS THAT VIRTUALLY RUNS ITSELF. IF YOU WANT TO BE A HANDS ON OWNER, FEEL FREE. THE CURRENT OWNER ENJOYS AT LEAST 18 HOLES OF GOLF DAILY ON HIS COURSE AND EVEN PLAYS IN A LEAGUE AT ANOTHER COURSE.

DO NOT MISS OUT ON A RARE OPPORTUNITY TO OWN A SUPER STRONG, CASH FLOWING BUSINESS THAT HAS EVEN MORE ROOM TO GROW. YOU WILL NOT NEED TO BORROW MONEY TO MAKE THE RV PARK BIGGER AND BETTER. YOU’LL KNOW WHAT WE MEAN WHEN YOU REVIEW THE BOOKS!!!

OFFERED AT: $525,000.00 (FIRM)
CASH SALE OR BANK FINANCING
SELLER WILL NOT CARRY A NOTE ON THIS SALE
2007 REAL ESTATE TAXES ESTIMATED AT: $14,061.00
CLOQUET –or- CARLTON SCHOOL DISTRICTS

!!! WE ANTICIPATE THIS MOVING FAST !!!

THIS IS A GREAT OPPORTUNITY FOR EITHER A HANDS ON OWNER OR AN ABSENTEE OWNER

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
Mike Anderson, Agent

1-218-389-6305

Minnesota Resort Sales