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MINNESOTA RESORT SALES IS FORTUNATE TO OFFER AN EXTREMELY RARE RESORT OPERATION ON WHITE EARTH LAKE NORTH OF DETROIT LAKES.

THIS RESORT OPERATION IS YEAR ROUND AND OFFERS 12 MONTHS OF INCOME ON A PRISTINE LAKE THAT IS ONLY ABOUT 25% OCCUPIED. WHITE EARTH LAKE IS A TREMENDOUS FISHERY THAT IS ABOUT 5 MILES LONG AND 2-1/2 MILES WIDE. THIS SPRING FED LAKE IS EXTREMELY CLEAN AND CLEAR WITH A MAXIMUM DEPTH OF 120 FEET. THE WALLEYE POPULATION IS ABOUT 3 TIMES THAT OF THE STATE AVERAGE FOR A LAKE OF THIS NATURE.

THIS SALE IS STRUCTURED 2 DIFFERENT WAYS:

1. THE FIRST OPTION INCLUDES: THE MAIN LODGE, RESTAURANT AND LOUNGE PLUS ALL 8 YEAR ROUND CABINS (5- 2 BEDROOM, 2- 3 BEDROOM & 1 LARGE 4 BEDROOM), THE 6 UNIT MOTEL COMPLEX THAT HAS BOTH 1 AND 2 BEDROOM UNITS, THE OWNERS HOME LOCATED ABOVE THE LODGE, GARAGE WITH CARPORT, 9 FULL HOOK UP RV SITES WITH WATER, ELECTRIC AND SEWER, 3-1/2 +/- ACRES, ALL OF THE 450’ +/- OF LAKESHORE, THE FISH CLEANING HOUSE, CABIN LAUNDRY BUILDING, BAIT HOUSE DOWN ON THE LAKE, PLAYGROUND, VOLLEYBALL, PICNIC AREA, PRIVATE CONCRETE BOAT LAUNCH, EXTENSIVE MARINA AND DOCK SYSTEM, HUGE INVENTORY OF EQUIPMENT, BOATS, MOTORS, ETC… AND THE MAJORITY OF THE OPERATIONS INCOME IS GENERATED BY THIS OPTION.
2. ALL OF THE ABOVE PLUS: 35 +/- ACRES, 46 ADDITIONAL RV SITES WITH FULL WATER, ELECTRIC AND SEWER HOOK UPS, A 40’x80’ STORAGE SHED / POLE BUILDING, A 30’x40’ HEATED WORKSHOP / GARAGE, AND THE MAJORITY OF THIS ADDITIONAL LAND IS UNDEVELOPED AND WOULD MAKE A FANTASTIC RV PARK EXPANSION.

WHEN WE MET WITH THESE OWNERS WE TALKED ABOUT OFFERING THIS NICE OPERATION AS IT IS NOW STRUCTURED. THE OWNERS WILL GRANT A “FIRST RIGHT OF REFUSAL” TO THE NEW OWNERS IN ORDER TO ALLOW THE ENTIRE PROPERTY TO BE EVENTUALLY PURCHASED BY THE NEW OWNERS. BY DOING SO, THIS RESORT CAN NOW BE PURCHASED IN PHASES THAT ALLOWS MANY MORE POTENTIAL BUYERS TO TAKE A HARD LOOK AT DOING THIS TRANSACTION. OF COURSE, A NEW OWNER CAN COME IN AND PURCHASE THE ENTIRE OPERATION IN ONE TRANSACTION.

IF YOU CHOOSE TO TAKE A LOOK AT THIS PROPERTY, YOU WILL NOT BE DISAPPOINTED. ALL OF THE CABINS AND BUILDINGS ARE IN BETTER THAN AVERAGE CONDITION AND THE BUSINESS ENJOYS A VERY GOOD INCOME YEAR ROUND.

PLEASE CONTACT OUR OFFICE TO RECEIVE THE PORTFOLIO ON THIS RESORT OPERATION. WE REQUIRE ALL POTENTIAL BUYERS TO SIGN A NON-DISCLOSURE STATEMENT PRIOR TO RECEIVING THE PORTFOLIO, PROPERTY NAME AND WEBSITE.

SALE PRICE:
OPTION #1: $1,275,000.00
ADD OPTION #2 FOR: $525,000.00
TERMS: CASH, BANK FINANCING, PARTIAL C/D.

OUR OFFICE CAN PROVIDE ADDITIONAL INFORMATION AND A PORTFOLIO TO INTERESTED BUYERS.

**Information Herein Deemed Reliable But Not Guaranteed.**
**Subject to Change at Any Time.**

Mike Anderson, Commercial Agent/Manager
1-218-389-6305
mnrs@moose-tec.com
 

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Minnesota Resort Sales