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RV Park South of Lake Mille Lacs Near Lake Onamia
MNRS #1960186


MINNESOTA RESORT SALES has been hired by a Pine City bank to sell a new RV Park that has gone into default. There should be no concern that the operation did not succeed, the main reason is that the owners over built the property beyond their budget and did not have the proper ownership and management plan in place. Here are the details:

The business is located just 2 miles south of Lake Mille Lacs, less than ½ mile from Lake Onamia. One of the property lines is the Soo Line ATV & snowmobile trail. The property consists of 60 +/- acres. This operation was built from raw land just 3-1/2 years ago. All of the infrastructure and the building construction are virtually new. There is nothing beyond implementing your business plan that is needed here. There is no need to come in and do any major improvements or capital expenditures.

The operation consists of 35 RV sites with water and electric service at all of them and 5 primitive tent sites, some with electric. The new sewer system handles the lodge and there is a dump station for campers located on the edge of the driveway in. The roads and pads for the RV Park are class 5. The tent sites are in grassy areas. There is a volleyball area, basketball and playground for guests to enjoy.

In addition to the RV and tent sites, the operation has a 7000+/- SF main lodge building. This building is steel construction and fully winterized.

The front entrance of the lodge consists of a rec room, store, office connected to a private owners room, public restroom, utility room and a large kitchen. This front end of the building is approximately 2000+/- SF.

The back end of this building consists of another utility room, storage room, laundry, and large Mens and Womens bath and shower facilities to serve the RV Park guests. This area of the building is approximately 1400+/- SF.

The center of the lodge building is very impressive. It consists of 6 motel style rooms that all have private bathrooms with tub / showers. One of the rooms also has a small sitting room. The rooms are accessed through the main lodge or a separate entrance that faces the RV Park. There are no exterior doors to access the rooms individually. The center of the building also has a huge common area that has a massive stone fireplace. It is the perfect place for the guests to gather after a day riding the trails on either ATV’s or snowmobiles or after a full day of fishing Mille Lacs on the ice or open water. This aspect of the building was very well built and designed.

The property is being sold COMPLETE for $250,000.00. It currently has a taxable market value at the county of $427,800.00, so it is being sold well below assessed market value. The bank is basically looking to cover the note that they are holding.

UPON REQUEST, WE CAN PROVIDE YOU WITH A COMPLETE PORTFOLIO OF THIS RESORT PROPERTY. BUYERS ARE REQUIRED TO SIGN A NON-DISCLOSURE STATEMENT BEFORE ANY PORTFOLIO IS MAILED.

This is a rare opportunity to own a virtually “NEW” operation in a very attractive part of the State. With the right ownership, management & marketing style, this could be the chance of a lifetime. Please contact our office for additional information.

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

11

Mike Anderson
Commercial Broker / Owner
1-218-389-6305
mike@mnresortsales.com

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