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Royal Starr Resort 19222 Echo Ridge Dr 13 Room Hotel Nevis, MN 56467 $3,458,475 CAD ($266,037 CAD/Room)



INVESTMENT HIGHLIGHTS
- *13 fully furnished housekeeping cabins, of which 6 can be rented year around
- *1,418 feet of lake
- *41 acres of high wooded ground, much undeveloped
EXECUTIVE SUMMARY
*41 acres of high wooded ground, much undeveloped
*1,418 feet of lake shore - spacious, level grounds.
*3 bedroom, 2 bath owner/manager’s home with 1900 sq ft of living space, built in the 1950s, with an addition added in the 1980s
*A heated 24’ x 56’ laundry and shop area,
*A brand-new 42' x 60' Morton building ideal for storage or expanding resort operations.
*Double detached garage
PROPERTY FACTS
AMENITIES
- On-Site Retail
- High Speed Internet Access
- Patio
- Public Access Wifi
- Fully-Equipped Kitchen
- Multi-Room Suites
ABOUT 19222 ECHO RIDGE DR , NEVIS, MN 56467
Royal Starr Resort -- A rare opportunity to own a thriving family fishing resort on the quiet shores of Sixth Crow Wing Lake! Pride of ownership radiates from every corner of this property. Perfectly located in the heart of Minnesota’s lake country and just minutes from the bustling tourism towns of Nevis, Park Rapids, Walker, and Dorset, this resort is a rare find and a true gem. It is secluded, private, and the surroundings are nothing but sheer beauty. Royal Starr offers 13 well maintained cabins, all with efficient mini split A/C units. Additionally, 6 of the cabins have in-floor heat and can be rented year round. Other features include a quaint lodge, 3 bedroom 2 bathroom owner’s home, a heated 24’ x 56’ laundry and shop area, spacious level grounds, huge sandy beach and a brand-new 42' x 60' Morton building ideal for storage or expanding resort operations. This resort property is considered ‘turn key’, meaning all the buildings, grounds and equipment are in excellent condition, all cabins are well appointed with up-to-date furnishings, and the financials show continued growth year over year. No initial capital outlay needed! Adding to the appeal, most of the 41 acres are undeveloped. This offers endless possibilities for future growth and expansion. Additional cabins? Seasonal RV sites? Tiny homes? Come with your ideas! Included in the sale is an extensive inventory of quality equipment. This resort is a well oiled machine. All needed equipment and systems are in place to make for a streamlined operation requiring few employees. It is currently run by just two people during the week, with added cleaning staff on change over days. Here is an opportunity to own a profitable business with significant growth potential and get the lifestyle change you are looking for. Your search ends here! Invest in this proven destination that is perfectly positioned for continued success and growth.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 13 | $217.19 CAD | - |
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Royal Starr Resort | 19222 Echo Ridge Dr
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