3583 State Highway 11 Baudette, MN 56623
- Hotels
Current Use by Public Records
- Hotels
Property Details for 3583 State Highway 11
- Year built
- 1960
- Property type
- Hotels
Description
This exceptional investment opportunity presents a fully operational resort nestled in Baudette, Minnesota, at 3583 State Highway 11 SE. The property encompasses a generous 55,321.2 square feet of land and features a charming main house with two bedrooms, along with five additional cabins offering a mix of one, two, and four bedrooms. The main house and cabins are currently generating monthly rental income. Built in 1960, the property has undergone significant recent upgrades, enhancing its value and appeal. These improvements include new roofs installed within the last six years, a new well for the main house in 2022, an upgraded well servicing the cabins, a new septic system for the cabins, an updated heating system, and improved insulation throughout the cabins. The property also includes a heated and insulated garage and a separate storage building, providing ample space for equipment and supplies. Financial information is available upon request, subject to proof of funds or lender-approved financing. This turnkey resort presents a unique opportunity for a savvy investor seeking a profitable venture in a desirable location. The property's strong rental history, coupled with the recent renovations, positions it for continued success and potential growth. Serious inquiries only.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baudette
- County
- Lake of the Woods
- State
- Minnesota
- Longitude
- -94.4370951
- Latitude
- 48.6904184