Property profile

3583 State Highway 11 SE Baudette, MN 56623

FOR SALE
Resorts
Property ID
US46-2562691
Built 1960
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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

Location

3583 State Highway 11 SE Baudette, MN 56623
Baudette metro
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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