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    FOR SALE
    Resorts

    3583 State Highway 11 SE, Baudette, MN 56623

    Built 1960
    Property ID
    US46-2562691
    Property summary
    AI-generated overview

    Currently opperating as Clementson Resort, this main house with 5 cabins could be your next investment opportunity. Property includes a 2 bedroom main house, one 1 bedroom cabin, three 2 bedroom cabins, one 4 bedroom cabin, insulated/heated garage and storage building. Recent upgrades include: all new roofs in the last 6 years, new well by the main home in 2022, upgraded well that services cabins, new septic that services cabins, upgraded heating system and updated insulation in cabins. Presently, the home and cabins are all rented by the month. With multiple large updates already completed, there is so much potential with in this little resort! Proof of funds/lender approved financing required to view/receive financials.

    Property profile
    Verified
    Property type Resorts
    Year built 1960
    UPID US46-2562691
    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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    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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