Clamshell Beach Resort

35197 S. CLAMSHELL DRIVE

PEQUOT LAKES, MN 56472

PRICE:
$2,950,000
BUILDING SIZE:
10,000 SF
PROPERTY TYPE:
Hospitality
TOTAL LOT SIZE:
14.7 Acres
NUMBER OF ROOMS:
34

 Highlights:

  • 10.67% cap rate year-round operation
  • Included in the sale is the resort business, all shares in existing unsold shares (10), the owner’s residence, maintenance-boat building, dock system, and all FF&E
  • There are currently seventeen cottages in the rental pool (two units per cottage) and there is an opportunity to add more units
  • Amenities include a lodge, a sand beach, indoor and outdoor pools and jacuzzis, tennis and basketball courts, and pontoon and fishing boat rentals
  • Includes approximately 60 ten-foot sections of aluminum docks with lifetime plastic decking
  • The immediate area includes championship golf at the top-rated Whitefish Golf Club (located across Highway 16 from the Property), world-class mountain biking on the Cuyuna Lakes Mountain Bike Trails (located within a half-hour of the resort), dining, shopping, and more
  • Eight development lots available separately for $1,456,000.

Description:

SVN | Northco is pleased to present for sale the Clamshell Beach Resort in Pequot Lakes, MN (“Property”). The Property is a year-round operation that is located in the popular Brainerd Lakes resort area in Minnesota. The Property consists of a resort business, all shares in existing unsold units, the owner’s residence, maintenance-boat building, dock system, and all FF&E.

The Property is located on Clamshell Lake in the popular Brainerd Lakes resort area in central Minnesota. The Property is roughly equidistant between the towns of Crosslake, MN and Pequot Lakes, MN. The Property is located only 2.5 hours from Minneapolis.

The Property is located across County Road 16 from the Whitefish Golf Club, a family-friendly public golf course that offers a unique setting and challenging course.

The Whitefish Chain of Lakes offers over 14,000 acres of water, over 200 miles of shoreline, and 14 islands to explore. The chain of lakes features excellent fishing, and there are numerous restaurants on the chain of lakes that guests can canoe, paddleboat, kayak, or paddleboard to.

 

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