9978 Gappa Rd - Hospitality FOR SALE


Kabetogama, MN 56669
$3,000,000 USD
773-677-5340
9978 Gappa Rd, Kabetogama, MN for Sale
$3,000,000 USD
Hospitality - FOR SALE
1/35
null | 10.21% Cap Rate

9978 Gappa Rd
Kabetogama, MN 56669


HIGHLIGHTS

  • Profitable as-is, potential to improve operations and increase profit
  • 9+ acres of undeveloped land - add more RV spaces, build more cabins, build more boat storage, offer more amenitiew
  • Direct access to Voyageurs National Park

OVERVIEW

10.21% Cap Rate on Actual 2023 Net Income Owner Operator Open from May to November Financials and more detail available with a signed NDA Proof of funds or bank letter needed to schedule a tour We have a potential manager ready to interview to manage the resort 34 RV Hook-ups We have an experienced resort manager with two deck hands wanting to interview to manage the resort for a new buyer if an position opens up. We have a lender with Bremer Bank ready to finance this opportunity to the right buyer.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$195 USD /SF

# OF ROOMS

20

PRICE/ROOM

$150,000 {currency}

CAP RATE

10.21%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pine Aire Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

2002

PARKING SPACES

50

LAND DETAILS

LAND ACRES

21.21 AC

LAND SF

923,908 SF

ZONING

-

APN/PARCEL ID

402001001711,402001001712,402001001717,402001001730

ASK ABOUT THIS PROPERTY

Jeff NoblezaColdwell Banker Commercial RealtyMore Info
773-677-5340

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Jeff NoblezaColdwell Banker Commercial RealtyMore Info
773-677-5340

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.