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Idlewild Resort 10060 Gappa Rd 12 Room Hotel Kabetogama, MN 56669 $2,400,000 ($200,000/Room)

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INVESTMENT HIGHLIGHTS

*Eleven individual cabins with one, two and three bedrooms
*One spacious lodge with a game room and grand fireplace
*Two hundred feet of waterfront frontage with full service marina and docking

*Four RV Spaces which can be used as rentals, personal use or staff housing
*One year round, three bedroom home for the owner or onsite manager or an additional rental
*Located adjacent to Voyageur's National Park - great year round tourism

EXECUTIVE SUMMARY

*Eleven individual cabins with one, two and three bedrooms
*Four RV Spaces which can be used as rentals, personal use or staff housing
*One spacious lodge with a game room and grand fireplace
*One year round, three bedroom home for the owner or onsite manager or an additional rental
*Two hundred feet of waterfront frontage with full service marina and docking
*Located adjacent to Voyageur's National Park - great year round tourism activity!

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PROPERTY FACTS

Price	$2,400,000	Lot Size	1.26 AC
Price Per Room	$200,000	Building Size	4,952 SF
Sale Type	Investment	No. Rooms	12
Sale Condition	Business Value Included	No. Stories	1
Property Type	Hospitality	Year Built/Renovated	1960/2023
Property Subtype	Hotel	Corridor	Exterior
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Shoreland Multiple Use - Zoned for a Commercial Resort and associated resort services such as boat rental, marina activity and retail sales

Price	$2,400,000
Price Per Room	$200,000
Sale Type	Investment
Sale Condition	Business Value Included
Property Type	Hospitality
Property Subtype	Hotel
Building Class	B
Lot Size	1.26 AC
Building Size	4,952 SF
No. Rooms	12
No. Stories	1
Year Built/Renovated	1960/2023
Corridor	Exterior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Shoreland Multiple Use - Zoned for a Commercial Resort and associated resort services such as boat rental, marina activity and retail sales

Pool
Patio

Marina
Public Access Wifi

Hot Tub
Fully-Equipped Kitchen

Multi-Room Suites

ABOUT 10060 GAPPA RD , KABETOGAMA, MN 56669

Have you ever dreamed about what it would be like to live in Voyageur's National Park? To enjoy the northern lights, the Canadian shield rock filled Kabetogama Lake and guests who come every year to tell you this is their favorite place on earth. Stop dreaming. Idlewild Resort on the south side of Kabetogama adjoins Voyageur's National Park and offers 11 cabins, a year round owner's home, plus 4 RV spaces for more employee housing or rental. The spacious lodge building offers more income opportunity and the resort has a swimming pool - one of only two on the lake! Lots of opportunity for increasing income. The current owners have meticulously maintained and upgraded the cabins and boats - over $130K in the past two years! There aren't many places in the entire United States with rental property in a National Park - don't miss this opportunity to make your dreams a reality!