26050 Oak Ln, Nisswa, MN 56468
HOSPITALITY For SaleFloors: 1
| Space | Size | Type | Pricing |
|---|---|---|---|
| Resort for Sale | 10% Cap Rate | Lakefront Resort in the Popular MN Vacation Destination of the Brainerd Lakes Area | SALE | $6,095,000.00 |
Frank Jermusek - SVN | Northco Real Estate Services LLC
PHONE: 9528201615
PHONE: 9528201615
Property Description SVN | Northco is pleased to present the sale of Good Ol’ Days Resort ("Property"), a premier lakeside resort destination located in the heart of Nisswa, Minnesota. This exceptional property offers a collection of updated guest cottages and a lodge just steps from the shoreline. The resort’s accommodations provide spacious layouts, private outdoor spaces, and captivating lake views year-round. Guests enjoy a wide range of resort-style amenities including multiple sandy beaches, a variety of watercraft, outdoor recreation areas, and direct access to scenic walking and biking paths leading to downtown Nisswa in the popular vacation destination of the Brainerd Lakes Area of Minnesota. The property also benefits from strong year-round appeal, drawing visitors for both summer lake activities and winter escapes. With a proven track record of guest satisfaction, expansion potential, and a location in one of Minnesota’s most sought-after lake communities, Good Ol’ Days Resort represents a rare opportunity to own a high-performing hospitality asset in an unbeatable setting. Highlights • Popular year-round lakeside resort located in one of the top vacation destinations in Minnesota, the Brainerd Lakes Area, offered at a 10% cap rate • Located on approximately 4.52 acres on Lower Cullen Lake with 14 modern guest cottages, main lodge and an additional rental unit in the house that was the former owner's residence - sleeps a total of 139 guests • The main lodge includes 8 guest rooms, a store, meeting room, screened porch, breakfast counter, laundry facilities, 3 garages and 3-bedroom manager’s quarters that also could be an additional rental unit • The 14 cottages include 2 and 3-bedroom options with full kitchens, vaulted great rooms, fireplaces, and patios facing the lake. They can also be rented in combination for a 5-bedroom unit option. Of the 14 cottages, 6 are privately owned and included in the resort's rental pool • Resort amenities feature sandy beaches, boat docks and pier, a swimming area, playgrounds, sports courts, walking paths, complimentary watercraft and bicycles, boat rentals, and direct access to adjacent bike path, the Paul Bunyan Trail, leading to downtown Nisswa’s shops, dining, and seasonal events • Additionally available, separate from the resort sale price, are four development lots for future expansion and revenue growth