12.13% Cap Rate | Lakefront Units in the Popular Brainerd Lakes Area
Business Description
SVN | Northco is pleased to present a portfolio of Lakefront and Lakeview Cottages at Clamshell Beach Resort, located in Pequot Lakes, MN and situated on the renowned Whitefish Chain of Lakes, one of the Midwest’s premier resort destinations ("Offering"). This unique Offering includes forty-nine available salable units: forty-six fractional ownership opportunities (10% ownership) and three whole ownership units. Options include spacious Lakeview cottages featuring four bedrooms and two bathrooms, as well as larger floorplans with four bedrooms and four and a half bathrooms.
Guests and buyers can experience the lake vacation lifestyle at a fraction of the cost of traditional lake home ownership with the fractional model. Lakeview Cottages offer families and investors the opportunity to own a low-maintenance, income-generating lake property in one of Minnesota’s most sought-after resort areas.
The Whitefish Chain of Lakes, located in the heart of the Brainerd Lakes Area, is renowned for its pristine waters, boating, fishing, and family-friendly amenities. With convenient access to dining, golf, and small-town charm in nearby Crosslake and Pequot Lakes, the property provides the perfect balance of relaxation and recreation. Just 2.5 hours from Minneapolis and a short drive from Brainerd, this property is ideally located for both weekend getaways and extended stays.
Property Highlights:
• The sale consists of a total of forty-nine (49) ownership opportunities: forty-six (46) fractional ownership units and three (3) whole ownership units
• 12.13% Cap Rate (2024 Actual)
• In-place and on-site property management handles 100% of management and maintenance; this is a true NNN investment
• Year-round resort operation
• These units are delivered fully-furnished, and if/when the decision to sell is made the units will be sold fully-furnished
• One easy annual payment that covers all expenses (no monthly checks to write, unless requested), and no future assessments. The goal is to make it as easy as possible for the investor.
• Amenities include a lodge, a sand beach (with nearly 500 feet of shoreline), two heated outdoor pools, tennis and basketball courts, and pontoon, jet ski and fishing boat rentals
• Located in the popular Brainerd Lakes resort area, which is one of the most popular resort destinations in the Midwest. The property has access to 14 lakes and 14 islands, one of which the resort owns!
Guests and buyers can experience the lake vacation lifestyle at a fraction of the cost of traditional lake home ownership with the fractional model. Lakeview Cottages offer families and investors the opportunity to own a low-maintenance, income-generating lake property in one of Minnesota’s most sought-after resort areas.
The Whitefish Chain of Lakes, located in the heart of the Brainerd Lakes Area, is renowned for its pristine waters, boating, fishing, and family-friendly amenities. With convenient access to dining, golf, and small-town charm in nearby Crosslake and Pequot Lakes, the property provides the perfect balance of relaxation and recreation. Just 2.5 hours from Minneapolis and a short drive from Brainerd, this property is ideally located for both weekend getaways and extended stays.
Property Highlights:
• The sale consists of a total of forty-nine (49) ownership opportunities: forty-six (46) fractional ownership units and three (3) whole ownership units
• 12.13% Cap Rate (2024 Actual)
• In-place and on-site property management handles 100% of management and maintenance; this is a true NNN investment
• Year-round resort operation
• These units are delivered fully-furnished, and if/when the decision to sell is made the units will be sold fully-furnished
• One easy annual payment that covers all expenses (no monthly checks to write, unless requested), and no future assessments. The goal is to make it as easy as possible for the investor.
• Amenities include a lodge, a sand beach (with nearly 500 feet of shoreline), two heated outdoor pools, tennis and basketball courts, and pontoon, jet ski and fishing boat rentals
• Located in the popular Brainerd Lakes resort area, which is one of the most popular resort destinations in the Midwest. The property has access to 14 lakes and 14 islands, one of which the resort owns!
About the Business
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
Listing Info
- ID
- 2417977
- Listing Views
- 12
Attached DocumentsAttachment Disclaimer
Sale_Brochure_Cottages_on_Whitefish_Unit_Sales.pdf
Business Location
Listing ID: 2417977 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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