Resort For Sale | 11.47% Cap Rate | MN Lakefront Cabins & Boat Rentals

Asking Price$595,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Resort For Sale | 11.47% Cap Rate | MN Lakefront Cabins & Boat Rentals


Asking Price$595,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
SVN | Northco is pleased to present, as exclusive advisor to ownership, the listing of Hall Lake Cabins, a lakeside resort destination located in Fairmont, Minnesota (“Property”). Situated directly on Hall Lake within Fairmont’s Chain of Lakes, the Property features 11 cabins comprised of six year-round cabins and five seasonal cabins, offering guests an authentic “lake life” experience supported by strong seasonal recreation demand. Cabins are equipped with towels and linens, an in-unit stove, refrigerator, cooking supplies, cable television, and air conditioning, while on-site amenities include firepits, grills, a playground, a fishing dock, and four rental pontoons that support fishing, boating, swimming, and pet-friendly stays. Hall Lake Cabins represents a compelling opportunity to acquire a well-amenitized cabin resort in a proven Southern Minnesota leisure market.

Sale Highlights -
• Well-located lakeside cabin resort situated on Hall Lake within Fairmont’s Chain of Lakes in Southern Minnesota, offered at an 11.47% cap rate
• 11-cabin resort that sleeps up to 41 situated on 1.574 acres, comprised of six year-round cabins and five seasonal cabins, offering a flexible lodging mix for both peak-season and extended-stay demand
• Cabins range from 221 sq ft up to 800 sq ft with many improvements made since the current owners purchased in 2018
• Amenities include pontoon rentals, boat slips, firepits, grills, a playground, a fishing dock and a fish cleaning station that support family-friendly stays and repeat visits
• Located in a recognized lake community destination that attracts regional visitors throughout the year, supported by outdoor recreation and small-town appeal
About the Business
Years in Operation
71
Website
https://www.northco.com/properties/halllakecabins
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
4,104
Listing Info
ID
2478697
Listing Views
10
Attached DocumentsAttachment Disclaimer

Sale Brochure - Hall Lake Cabins.pdf


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Business Listed by: Frank Jermusek SVN | Northco Real Estate Services

Listing ID: 2478697 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.