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Property profile & analytics
OFF-MARKET
Hotels

25546 Harbor Trl Park Rapids, MN 56470

22,000 SF 26 ac lot Built 1970
Property ID
US46-2559669
Property summary
AI-generated overview

This exceptional Minnesota resort, situated on 26 acres with 690 feet of Lower Bottle Lake shoreline, presents a unique investment opportunity. The property includes nine rentable cabins, a spacious 3,000 sq ft owner's home (four bedrooms, 2.5 baths, two living rooms, fireplace, and a beautiful kitchen), a double garage with a heated shop, and additional storage buildings. Built in 1970 and renovated in 2018, the resort boasts 22,000-23,000 square feet across thirteen buildings. Amenities include five docks with 21 boat slips, a sandy beach, playground, fish cleaning house, community fire pit, and game room. All boats, motors, pontoons, and equipment are included. The property also features 16 acres of high, wooded land, offering significant expansion potential. A Conditional Use Permit allows for the sale of additional residential cabins, creating further income streams. This turnkey operation enjoys strong repeat business and is ready for a new owner to continue its success. The asking price is $1,500,000. Located near Park Rapids, Nevis, and Dorset, this resort benefits from a thriving tourism market.

Property profile
Verified
Property type Hotels
Year built 1970
Total area 22,000 SF
Lot 26 ac (1,132,560 SF)
UPID US46-2559669
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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