Property summary
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
VerifiedCap rate & NOI
Current use
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Hotel & Motel Resort
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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