1231 Lake Resort Dr - Residential Income FOR SALE
Pequot Lakes, MN 56472 |
$17,500,000 USD
954-723-8342
1231 Lake Resort Dr
Pequot Lakes, MN 56472
HIGHLIGHTS
- Award Winning 100+ Room Lake Resort in Minnesota
- Space For Expansion to Double Resort
- Continued Strong Year-Over-Year Growth Since 2020
- Seasonal Business (19 Weeks/Year)
- Sale Includes 18-Hole Profitable Golf Course, Boats, Dining Hall, Tennis Courts and Onsite Housing For Ownership and Staff
- Repeat Client Base That Has Been Attending For Decades
FOR SALE DETAILS
PRICE
$17,500,000 USD
PRICE/SF
$175 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
100+ Key Minnesota Lake Resort
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Residential Income
TOTAL BUILDING SIZE
-
STORIES
4
BUILDING CLASS
B
YEAR BUILT
1950
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
10 AC
LAND SF
435,600 SF
ZONING
-
APN/PARCEL ID
-
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954-723-8342
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954-723-8342
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