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300 THUMPER LODGE RD Ottertail MN 56571-7037

[Locked] • APN 74000110012005

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Details
Property Type Hospitality
Sub Type Hotel
Building SqFt 44,820
Lot SqFt 212,372
Acreage ******
Zoning Code P-R
Year Built 2000
Building Count 1
Opportunity Zone No
Tax Year ******
Tax Land ******
Tax Additions ******
Tax Assessed Value ******
Days on Market ******
Owner Name US PATEL ASSETS LLC
Owner Mailing Address (Full Address) ******

Property History

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Property Type
Property Type
Hospitality
Property Subtype
Hotel
Marketing Description

SVN | Northco is pleased to present for sale the Thumper Pond Resort in Ottertail, MN ("Property"). This one-of-a-kind offering features a 78-room hotel, bar and restaurant (Willy T's Tavern & Grill), 18-hole championship golf course, activity center (waterpark), event venue, 26-unit RV park and additional development land. There is truly something for everyone at this resort. Located about three hours from the Twin Cities Metro, this picturesque property was carved out of 90,000 Red Pine trees in between the popular Otter Tail and Buchanan Lakes. Experience the culture and charm of the Northwoods at Thumper Pond.

Investment Highlights
  • Profitable, turn-key resort business offered at a 10.9% cap rate

  • Located on 200+ acres between Otter Tail and Buchanan Lakes, about 3 hours from the Twin Cities Metro

  • 78 keys in the hotel - listed at $57,782 per key

  • 18-hole championship golf course, practice range, short game area and putting greens

  • Popular bar & restaurant - Willy T's Tavern & Grill (classic American dining); indoor and outdoor event venues

  • Activity Center (waterpark) - 12,000 square foot complex built in 2016

  • 26-unit RV park - all sites feature large level pads and full hookups; additional land to support more than 240 sites and additional amenities

  • Additional available, but not included in the sale price of the resort and RV park, are 17 residential lots throughout to the resort

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
FJ
Frank Jermusek PRO
•••.•••.1615
•••••.••••usek@•••.com
Brokerage logo
Listing removed on
 BY:
ER
Edward Rupp PRO
•••.•••.1634
••••••.rupp@•••.com
Brokerage logo
Listing removed on
 BY:
EM
Emilia Molle PRO
•••.•••.1618
••••••.•olle@•••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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This rental data is based on the nearest market to this property: Fergus Falls, MN.
Fergus Falls, MN median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Fergus Falls, MN (nearest market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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