Minnesota RV and Mobile Home Park
The seller has decided to sell and give a world of upside to the new owner(s). 2016 - June, 2018 operating numbers and current rent roll(s) in file. The equipment inventory, (assets) and pictures of the beautiful lake shore property also in file. It is estimated that the lake shore (land alone) is worth well over $4 Million if you just bought the property by itself. A typical cabin on the lake will cost you $400,000. The owner has a $4.5 Million assumable loan.
This property is a mix of various business's and lots of lake shore.
Contiguous to tribal property to the West.
The property is cash flowing and there is land for additional expansion.
The owner has gone ahead and started to develop City Sewer and put in water on the back addition to the property to open up for a greater demand of RV and Park renters.
The sale includes lots of amenities of golf, boating, storage, recreational activities like swimming pool, restaurant and a community center.
This also opens up other opportunities like snowmobiling in the winter along with ice fishing (houses to put in place for additional revenue) and a possible bus tour back and forth from a Casino.
There is land that has great highway exposure off a major Road for RV and Mobile Home and Boat Sales.
Outboard and Inboard motor repair would be a great business and of course a laundry mat.
One thing also needed is a gas pump at the Marina that can accommodate the needs for boaters (fisherman and sport boat) for those that live not just at the campground, but for those who live on the lake that can get gas and enjoy the restaurant without having to load the boat up and drive to town to fill up the outboard/inboard motors.
The Park is as clean as a Four Star Park can be!
The estimated the purchase price with land/business/personal property is in the $11.5 million range.
This is a great investment opportunity!
The owner takes pride not only in the property, but in the staff they have working the property.
Lake cabins for sale on a nearby lake are selling for $400,000.
There is a lot of inventory that goes with the property, like a grader and fork lifts to place the pontoons and boats three levels high for storage, generators and lawn mowers (commercial) along with over 20 golf carts.
The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.