For Sale
$1,990,000

34243 Co Hwy Park Rapids, MN 56470

Profitable MN Resort, 13 Cabins

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
Prime waterfront investment opportunity! This exceptional 66-acre resort boasts 13 fully furnished cabins, 3 campsites, and 836 feet of Boot Lake frontage near Park Rapids, MN. Built in phases (1930, 1950, 1999), with a 2022 renovation, the property includes 12,799 square feet across 17 buildings on 2 stories. The permitted waterfront commercial zoning allows for versatile use. All boats, motors, and recreational equipment are included in the $1,990,000 asking price. The resort features a sandy beach, ample dock space, and is ideal for hosting events. With 33 beds across 13 units, the resort offers a unique blend of luxury and adventure, promising high occupancy and strong rental income. The property is ready for immediate operation, with an occupancy date of August 26, 2024. This turnkey business offers a rare chance to own a thriving lakeside retreat in a desirable tourist destination. The property's spacious layout ensures guest privacy, while its amenities cater to a wide range of recreational activities. Don't miss this chance to acquire a well-established and profitable resort business.

Highlights

  • $1,990,000 asking price for this owner-user investment opportunity.
  • 13-unit hotel with 33 beds, situated on 66 acres with 836 feet of Boot Lake frontage.
  • Includes 13 furnished cabins and 3 campsites; all boats, motors, and recreational equipment included.
  • Located near Park Rapids, Minnesota, a popular tourist destination.
  • Property features a sandy beach and ample dock space, suitable for various events.
  • Recently renovated in 2022, with buildings constructed in 1930, 1950, and 1999.

Property Details for 34243 Co Hwy

Property type
Hospitality properties, Hotels
Square Feet
12,799 SF
Year Renovated
2022
Buildings
17
Stories
2
Lot Size (sq. ft)
2,874,960 SF
Units
13

Location Insight

City
Park Rapids
County
Becker
State
Minnesota
Latitude
47.0684051841
Longitude
-95.275855997007

FAQs

What type of property is this?
Hospitality property - Profitable MN Resort, 13 Cabins
Where is the hospitality property located?
The property is located at 34243 Co Hwy Park Rapids, MN.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: $1,990,000 asking price for this owner-user investment opportunity.; 13-unit hotel with 33 beds, situated on 66 acres with 836 feet of Boot Lake frontage.; Includes 13 furnished cabins and 3 campsites; all boats, motors, and recreational equipment included.
How can I contact the broker?
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34243 Co Hwy
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