Now you can buy a premier resort business for just $1,985,000. Weslake Resort is located in Ottertail County, West Central Minnesota’s summer recreation hotspot. Located on beautiful West Lost Lake, the access from any of the major highways is easy and convenient. Several top rated golf courses are within a short drive from the resort and you will find the Red Horse Ranch just a short distance to the West. There is something in the area for everyone.
CABINS:The resort has eight two bedroom cabins, one three bedroom deluxe cabin, one large family lodge that will sleep up to 29 people and the two newly built four bedroom mini lodges. All are in immaculate condition, very roomy and comfortably furnished. The two newer additions are energy efficient with the under floor hydronic heating and also central air conditioning systems. These two units, as well as the large family lodge, are available for year around activities such as snowmobiling, ice fishing, scrapbooking or quilting retreats, and family or business gatherings. With over 2200 feet of lakeshore there is plenty of room for all of your guests.
GROUNDS: In addition to the 2200 plus feet of shoreline, the resort property encompasses 17 acres. That makes available a hiking trail and lots of room for recreation and play. The smaller ones will enjoy the modern playground and all of your guests will enjoy the well manicured grounds. The cabins being located parallel to the lakeshore provide your guests with the feeling of relaxation and comfort that will provide lasting memories and the desire to return again and again.
OUTBUILDINGS: There is a large storage/maintenance building measuring 36 ft X 80 ft plus a three stall garage that is entirely heated. This not only provides you with the comfort of doing off season maintenance, but it also may be just what you want for you own hobbies in a warm and comfortable setting.
EQUIPMENT: With a resort business of this size there is a long list of equipment so in general, anything that is now used to operate this business is included in the purchase. All of the rental units are very nicely furnished and up to date. The equipment list includes 8 fishing boats, 2 pontoons and much more. A complete list will be made available to prospective buyers.
OWNERS HOME: A new owner’s home was built in 2008. Located with a view of the entire resort business, this home is very very nice. The total square footage is 5800 which includes a walk out on the lower lever that has a one bedroom apartment with full bath, an office with a half bath, a laundry room that is also available to your resort guests, linen and supply storage and room for the lodge/store. On the main level there are four bedrooms, three bathrooms and a beautiful kitchen, family room and dining area. This home is well planned for the comfort of the owner and family as well as being energy efficient with hydronic heating in the lower level floor and off peak heating and air conditioning in the rest of the home. There are two separate off peak units, one lower and one upper to gain as much operating efficiency as possible.
TERMS: The price for this resort opportunity is $1,985,000. The business has a positive cash flow and the potential for future growth as the density on this property is at 12.5% of the 25% available. Full financial information will be made available to qualified buyers only. Call me, Roy Larson at 320-815-0247 for further information.
Presently the lodge store is located in a building that could be converted into a cabin. With the planned available space in the lower level of the new home, the relocation of the store will provide opportunity for additional income.
Full financial information will be made available to qualified buyers only. Call me, Roy Larson at 320-815-0247 for further information.
For additional information on Weslake Resort please visit their web site at www.weslakeresort.com .