Property profile

10294 Ash Riv Trl Orr, MN 55771

OFF-MARKET
Hotels
Property ID
US46-3011449
480 SF
Individually Owned 12-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 8.19-acre resort property, situated on the Ash River in Orr, Minnesota, presents a unique investment opportunity. Boasting 800 feet of stunning riverfront shoreline, this established business enjoys a central location for accessing all that Voyageurs National Park offers, resulting in consistently strong bookings. The property includes a spacious four-bedroom owner's home, providing comfortable living quarters. In addition to the owner's residence, the resort features a charming lodge and a convenient store, catering to guest needs. Twelve cabins of varying sizes offer diverse accommodation options, complemented by thirty seasonal RV sites, expanding the resort's capacity and appeal. Recent upgrades have enhanced the property's appeal and functionality, contributing to its excellent financial performance. The resort's current financial records demonstrate a strong cash flow, making it an attractive investment for those seeking a profitable and established business in a desirable location. The 8,000 square foot total building area encompasses all structures on the property. Owners are motivated to sell and ready for retirement, presenting a timely opportunity for a discerning buyer. This turnkey operation is poised for continued success and offers a rare combination of recreational appeal and solid financial returns.

Property profile

Verified
Property type Hotels
Use group HOTEL-RESORT
Construction FRAME
Total area 480 SF
APN 731-0022-00160
UPID US46-3011449

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel Resort

Location

10294 Ash Riv Trl Orr, MN 55771-8075
Orr metro Census 15503 DULUTH, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$145k

Owner & transaction history

since 2014
5 recorded transactions
2014
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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