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Address is Deer River, MN 56636

Thomas Ossell

Orion Resort and Campground Sales

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Cash flowing Minnesota resort

RV Park/Campground for Sale in Deer River, Minnesota

Deer River, MN 56636
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Sale Price: $995,000

Contact Information

Thomas Ossell
Orion Resort and Campground Sales

RV Park/Campground for Sale

Cap Rate: 10.0%
Purchase Method: Cash, New Loan
Status: Active
Property ID: 825579
Posted on: Jun 23, 2017
Updated on: Oct 21, 2017
Price: $995,000

Property Description

Year round resort on one of the top walleye lakes in northern Minnesota. The resort includes 12 cabins, 9 campsites and a 3 bedroom owners home attached to the lodge. It includes a great list of equipment that is used in operating the resort. There have been numerous interior and exterior upgrades over the last 14 years. Priced below the appraised value.

Financial Information (Actual)

Gross Income$200
Operating Expense$90
Net Operating Income$110
Expense Ratio 45.0%
Debt Info

Utility Information

Water:Well
Sewer:Septic

Amenities and Other

Laundromat: Yes
Storage: Yes
Boat Access: Yes
Manager Office: Yes
Store: Yes
Wifi: Yes