Sandy Pines Resort
Once in a great while I have the pleasure of marketing a real resort gem in Minnesota. If you have 10 items that are important to you as a buyer, this property gets an A+ on all 10. Beautiful beach, NEW HOME, modern cabins, campground, acreage , room to grow and turn key.
Current owners have spared no expense in the past 7 years with Sandy Pines. Located in Backus, MN on Big Portage Lake it is in the heart of vacation country. If I was in the market for a MN resort Sandy Pines would be on the short list of opportunities.
Equipment list includes JD Lawn tractor, Ford F250, paddle boat, canoe, 4 boats, 1 pontoon, 5 OBMs (all 4 stroke), all cabin fixtures and MOST furnishings. (Small amount of interior decor is owners personal prop.) All appliances in home and out. Call me today for detailed profit / loss info, full inventory and real estate data. Sellers willing to carry a contract and open to offers.
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Property Details
Listing Price: $1,600,000
Address: 2731 Raven Ln.
City: Backus
State: MN
Zip Code: 56435
County: Cass
Status: For Sale
MLS #: non-MLS listing
Lot Size / Acres: 10 acres
Lake Frontage: 500
Lodge Sq Ft: 800
Lake Name: Big Portage
Financial Details
GOI: $160,660
NOI: $122,325
ROI: *5.1 %
CAP Rate: *7.6 %
Taxes: $5,698
Insurance: $4,423
Terms: *Contract for Deed
Lodge & Home Information
Owners Home: Yes
Beds: 3
Baths: 2.5
Sq Ft: 2,500 +
Food Service: no
Liquor: no
Beer: no
Wine: no
Cabins & Campsites
Total Cabins: 11
Bed 1:
Bed 2: 3
Bed 3: 4
Bed 4+: 3
Renuion: 1
Total Campsites: 23
Seasonals: 23
RV Non Seasonal:
Primative:
Dock & Water Systems
Dock System: Post / Plank roll-in
Septic System: Tank / DF - compliant
Well System: Deep drilled water well
Additional Information
The Cape Cod home was built new in 2007 and features an over sized garage, office, 3 beds, 2+ baths, custom kitchen and located in that perfect place that offers you privacy from your guests. Jacuzzi spa tub and a lake view. Lodge/Office with games and small arcade is attached to home.
*The returns data for this property assumes 30% down payment at full sales price. Calculating financial returns will vary based on sales price and the amount financed. Buyers will be expected to do their own due dilligence regarding their specific financial situation. Terms are 6% over 20 yrs. w/ 3 yr. balloon.
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Listing Agent
