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33885123
33885124

23730 Oak Lake Trail, Erskine, MN 56535-9476

PE
MN 40560749
Realty One Group Andover
Listed by Realty One Group Andover
$1,250,000
1 day on market
Updated 1 day ago

Golden Pond RV Park

Details
Property Type Multifamily, Business for Sale (+1)
Sub Type RV Park, Agricultural (+1)
Square Footage 1,600
Units 49
Cap Rate 2.35%
NOI $29,387
Occupancy 100%
Pro-Forma Cap Rate 6.49%
Pro-Forma NOI $81,176
Price Per Acre $743,500
Class B
Year Built 2008
Buildings 4
Acreage 76.000
Zoning Agriculture
Ground Lease No
Sale Condition N/A

Multifamily | 2.35% CAP | 49 Units

Marketing description

A Rare & Versatile Investment Opportunity! Discover 76 scenic acres on Oak Lake with over 1,000 feet of shoreline, a well-established AND SOLD-OUT 49-site seasonal campground, a 6-acre vineyard, and multiple income-producing inclusions. Nestled on a 400-acre recreational lake, the property includes 5+ docks, a private boat landing, a sandy beach, as well as water access to Claussen Lake and Golden Pond. The campground has been operating since 2008 and offers 49 seasonal rental sites—each with separate electric meters, water, and septic hookups. Campground amenities include a 28' x 48' picnic shelter, basketball and volleyball courts, and panoramic views of the water and nature.

Investment highlights

  • 2020-built home is a showstopper—3 bed/2 bath, 1576 SQ'.
  • 60' x 120' pole building, perfect for indoor boat/personal property storage
  • 30' x 45' heated, insulated, 200-amp/220V
  • Docks and lake access for seasonal rental income
  • 1000' of lakeshore on 400 acre Oak Lake
  • Property includes Clausen Lake and Golden Pond
  • Golf cart and ATV trails to assist navigating 76 acres
  • Property includes 5 docks for rent and space for 5-10 more
  • Private beach, boat launch and even a winery
  • 49 site R/V park includes individual electric meters, water and septic hookup
  • The R/V sites are 100% fully rented annually
  • Additional features in the campground include tennis court, basketball/volleyball court, picnic shelter, playground structure
  • The property includes a 60'x120' recently built pole building
  • A 30'x45' workshop that is heated, insulated, 200 amp service, Wi-Fi, 9' O/H door, in-floor Wirzbo rough-in
  • The show-stopper is a 2020 built 1.5 story home overlooking pond
  • Home features in-floor heat, gas fireplace, hickory cabinets, quartz counters, huge deck, 3 Bed/2 Bath, and much, much more!
  • The winery is built on 6 acres and includes irrigation & equipment
  • Fargo winery purchases mature grapes annually. 20K income avg.
  • Typical harvest is 2 weeks. Very little labor outside of harvest
  • OR subdivide the parcel into 3-4 lots and sell the land
  • Lots will be directly across from 4) upper bracket homes
  • Or many other opportunities for amenities for the Campers!

Listing Contacts

PE
MN 40560749
Realty One Group Andover
Listed by Realty One Group Andover

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$29,387.00
$2,448.92/mo

Valuation Metrics

0
DSCR
2.35%
Cap Rate
2.35%
ROI

Map

Zoning

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AG AgricultureAgricultural
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Last updated Dec 23, 2025 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Paul Ekstrom
License
40560749
Brokerage
Realty ONE Group Choice
Brokerage Phone
612-749-8404
Title
Residential & Commercial Broker
Brokerage Address
1893 Station Parkway Northwest
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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