Motel with Attached RV
For Sale
$1,250,000
102 Glenhaven Dr, Battle Lake, MN 56515
Rebuilt lodging property combines updated guest rooms, seasonal RV sites, and a separate lodge with guest amenities.
Property Size5,312 SF
Price / SF$235.32
Days on Market72
Property Features for 102 Glenhaven Dr
General Information
Standard status
Active
Size
5,312 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Amenities
local artwork
sofa sleepers
fridges
microwaves
A/C
internet
cable TV
lake view
porch
fish cleaning station
coin laundry
gathering space
parking lot
security system
contactless check-in
Building Details
Year Built
2015
Listing Agency:
Lake Country Resort Sales, Inc.
Listed By:
Timothy Aarsvold
(320) 760-5427
Source:
Chrisfritchteam
Added: Aug 3
Changed: Oct 6
Last Checked: Oct 13 at 2:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lake Country Resort Sales, Inc.
Investment Insights
Based on property information with market context.
Battle Lake Inn is a 5,312-square-foot motel property rebuilt in 2015 and updated for lodging operations. It includes 13 guest rooms with queen-bed configurations, including an ADA-compliant room, along with sofa sleepers, refrigerators, microwaves, air conditioning, internet, and cable TV. The rooms received updates in 2024, and the property has a porch with views of West Battle Lake.
The seasonal RV component provides 9 sites with full hookups and wireless internet. A lodge completed in 2017 adds a fish-cleaning station, bathroom, coin laundry, and gathering area. Additional improvements include a new parking lot, security system, IT system, and contactless check-in and check-out. The property is served by city water, sewer, and natural gas.
Located at 102 Glenhaven Dr in Battle Lake, the property is positioned off Highway 78, across from the Halverson Community Pier and near West Battle Lake’s public beach, boat launch, downtown businesses, and the Glendalough bike trail.
The seasonal RV component provides 9 sites with full hookups and wireless internet. A lodge completed in 2017 adds a fish-cleaning station, bathroom, coin laundry, and gathering area. Additional improvements include a new parking lot, security system, IT system, and contactless check-in and check-out. The property is served by city water, sewer, and natural gas.
Located at 102 Glenhaven Dr in Battle Lake, the property is positioned off Highway 78, across from the Halverson Community Pier and near West Battle Lake’s public beach, boat launch, downtown businesses, and the Glendalough bike trail.
Key Highlights
- 13 motel rooms, including an ADA‑compliant room
- 9 seasonal RV sites with full hookups and wireless internet
- 5,312‑square‑foot property rebuilt in 2015
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,182
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$823,640
$823.6K
Cap Rate 7%
$588,314
$588.3K
Cap Rate 9%
$457,578
$457.6K
Market Conditions
NOI Build-Up for 5,312 SF
Gross rent
$78.4K $14.76/SF
− Vacancy
−$3.5K −$0.66/SF
EGI
$74.9K $14.10/SF
− OpEx
−$33.7K −$6.34/SF
NOI
$41.2K $7.75/SF
Area
Otter Tail County, MN
Vacancy
4.50%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$823,640
Cap Rate 7%
$588,314
Cap Rate 9%
$457,578
Alternative Uses
Best Use
Apartment 5plus
$588.3K
$514.8K – $686.4K
NOI $41,182 @ 7.0% cap · market cap 3.29%
Second Best
Hotel Hospitality
$305.2K
$267.0K – $356.0K
NOI $21,361 @ 7.0% cap · market cap 1.71%
Theoretical Best
Office A
$1.15M
$1.01M – $1.35M
NOI $80,776 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 56515, MN
2,967
Population
2,861
Households
1
Avg Household Size
59
Median Age
35%
College-Educated
97%
High-School Grad
96.1 sq mi
ZIP Area
31
Density / Sq Mi
$73,350
Median Household Income
$44,348
Median Earnings
$950
Median Rent
$371,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Battle Lake Inn — 102 Glenhaven Dr, Battle Lake, MN 56515
Frequently Asked Questions
What type of property is this?
Motel - Rebuilt lodging property combines updated guest rooms, seasonal RV sites, and a separate lodge with guest amenities.
Where is this motel located?
The property is located at 102 Glenhaven Dr Battle Lake, MN.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 13 motel rooms, including an ADA‑compliant room; 9 seasonal RV sites with full hookups and wireless internet; 5,312‑square‑foot property rebuilt in 2015
