Address
56283 Beaver Tail Road Askov, MN
Price
$ 4,500,000
Property Attributes
  • ML#5334463
  • TypeCommercial
  • CountyPINE
  • CityAskov
  • Zip55704
  • StyleBusiness
  • Year Built2013
  • Taxes21692
  • Price$ 4,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15362
  • Lot Size60 Acres
Listing Provided Courtesy Of:
Premier Real Estate Services
Property Description

Fantastic Investment Opportunity! In business since 2007. This profitable campground has increasing revenue provided by the high demand for seasonal rentals, new cabin rentals, and weekend rentals booked for 2020. A 2021 projected cash on cash return of 27%, and a 2021 projected return on investment of over 33% with a 10% cap rate, make this campground a must-see. This premier campground is situated on 60 pristine acres with 226 seasonal and overnight sites with full hookups (sewer, water & 50amp electrical) plus 5 newly built private cabins that offer a complete family experience with amenities and activities. Amenities include a liquor store, general store, full-service restaurant & bar, boat shed, pole barn, indoor swimming pool, and hot tub. In addition, you can enjoy water sports such as kayaking, paddle boarding, or tubing on the man-made lake with a 3,000 ft canal. There are also two giant playgrounds and a bike track with access to biking and 4-wheeling trails.

Price History
7/6/2020 Listed $4,500,000

General Features

Property SubType Business
Property Type Commercial Sale
Standard Status Active

Exterior Features

Lot Dimensions getting
Lot Size Area 60
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 55704

Price
AVG $4.5M
$4.5M
Taxes
AVG $21,692
$21,692
Visits
AVG 449
449
Year Built
AVG 2013
2013

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