This Hospitality Property is no longer advertised on LoopNet.com.

8166 Ludlow Rd
Cook, MN 55723
Lake Vermilion MN Resort For Sale · Hospitality Property For Sale · 3,263 SF

INVESTMENT HIGHLIGHTS

  • 11.3% cap rate: well-known resort that has been run by four generations of the same family for over 80 years
  • Located on one of the most popular vacation and recreational lakes in the Midwest, Lake Vermilion
  • 23 cabins with land for future development opportunities
  • 19.5 acres which includes a 5-acre private island and substantial acreage on two shores
  • Multiple winner of USA Today's "Best Family Resort in America" award

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class A
Lot Size 18.30 AC
Building Size 3,263 SF
No. Stories 1
Year Built 1940
Corridor Exterior
Zoning RES - SMU-8: Shoreland Multiple Use

AMENITIES

  • Balcony
  • Fitness Center
  • Restaurant
  • Spa
  • On-Site Retail
  • High Speed Internet Access
  • Beach (direct access)
  • Bed & Breakfast
  • Meeting Event Space
  • Tennis
  • Wedding Venue
  • Listing ID: 24699077

  • Date on Market: 12/20/2021

  • Last Updated:

  • Address: 8166 Ludlow Rd, Cook, MN 55723