56283 Beaver Tail Rd
Askov, MN 55704
Campground · Specialty Property For Sale · 2,000 SF
Investment Highlights
- 60 Acre Campground
- Multiple outbuildings
- 226 Sites
PROPERTY FACTS
Property Type | Specialty |
Property Subtype | Trailer/Camper Park |
Lot Size | 60.00 AC |
Building Size | 2,000 SF |
No. Stories | 1 |
Year Built | 2007 |
About 56283 Beaver Tail Rd , Askov, MN 55704
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 2020 projected cash on cash return of 16%, a projected return on investment of 31% and a cap rate of 8% make this campground a must see. Located 20 minutes from Grand Casino Hinckley and one hour north of the Twin Cities, 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. The campground also includes a 2011 built, 2,000 sq. ft. 3 bedroom, 3 bath owners residence with a 20' x 40' and a 12' x 40' deck. If you are a person who loves the outdoors, enjoys working with people and is ready to expand an already profitable and established campground business, this could be a career and investment opportunity of a lifetime.
Listing ID: 19478777
Date on Market: 5/8/2020
Last Updated:
Address: 56283 Beaver Tail Rd, Askov, MN 55704