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    27102 Mn-78 Battle Lake, MN 56515

    Sponsored
    For Sale
    $3,600,000

    15-Cabin Resort, Huge Growth Potential

    Property size:
    350 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Nestled in Otter Tail County, Minnesota, Madsen's Resort presents a unique investment opportunity. This established 15-cabin motel, built in 1946, sits on a 22-acre lot (10 acres resort, 12 acres adjacent farmland) with 400 feet of sandy beachfront along MN-78. Each cabin offers between 350 and 650 square feet. The property consists of 16 buildings, all single-story structures. The asking price is $3,600,000. This charming resort offers significant expansion potential. The additional 12 acres of farmland provide opportunities for diversification, such as developing a campground, RV park, or other ventures. The existing resort could be expanded by adding more cabins or redeveloped as a Common Interest Community (CIC). This property presents a compelling opportunity for growth and profitability in a scenic Minnesota lakeside setting. The property's location in Battle Lake, MN, zip code 56515, offers easy access to local amenities and attractions. This is a rare chance to acquire a well-established resort with substantial room for expansion and increased revenue streams. Seller financing is open to discussion.

    Property Features for 27102 Mn-78

    General Information

    Property type
    Motels
    Square Feet
    350 SF
    Lot Size
    958,320 SF

    Building Details

    Year Built
    1946
    Buildings
    16
    Stories
    1

    HighLights

    • 15‑cabin motel on 10 acres with 400 feet of sandy beach frontage in Otter Tail County, MN.
    • Significant expansion potential: add cabins, develop as a Common Interest Community (CIC), or explore other uses.
    • Includes an additional 15 acres of adjacent farmland, ideal for campground, RV park, or other ventures.
    • $3,600,000 asking price.
    • 16 buildings totaling 15 keys, built in 1946.
    • Room sizes range from 350 to 650 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Motels

    Map

    City
    Battle Lake
    County
    Otter Tail
    State
    Minnesota
    Longitude
    -95.665918459976
    Latitude
    46.358054750569

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    FAQs

    What type of property is this?
    Motel - 15-Cabin Resort, Huge Growth Potential
    Where is this motel located?
    The property is located at 27102 Mn-78 Battle Lake, MN.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: 15-cabin motel on 10 acres with 400 feet of sandy beach frontage in Otter Tail County, MN.; Significant expansion potential: add cabins, develop as a Common Interest Community (CIC), or explore other uses.; Includes an additional 15 acres of adjacent farmland, ideal for campground, RV park, or other ventures.
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    Battle Lake, MN 56515
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

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    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    27102 Mn-78 Battle Lake, MN 56515
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