E 6241 SHOTGUN RD Bessemer MI 49911-9801 APN: 03-00-146-100

Property History

Property Type

Hospitality

Property Subtype

Hotel, Motel

Marketing Description

SVN | Northco is pleased to present the sale of Big Powderhorn Mountain Resort located in "Big Snow Country" in the Upper Peninsula of Michigan near Lake Superior. Voted the favorite downhill terrain in the Midwest, the ski resort is one of the top-rated in the region. Combine an average of 17 feet of natural snowfall, incredible views of Upper Peninsula forests, renowned grooming, family-friendly atmosphere and activities, outstanding food and beverage options and a charming Bavarian style village and you have the makings for an unforgettable winter getaway!

Investment Highlights

11.76% cap rate: Top-rated ski resort in the Upper Peninsula of Michigan- favorite downhill terrain in Midwest
Located in "Big Snow Country" near Lake Superior, a premier Midwest vacation destination
Turn-key operation with 45 runs, multiple terrain parks, 10 lifts, 250+ acres, longest run of 1 mile, 622 vertical feet and night skiing
Main lodge includes bar & restaurant, cafeteria, ski shop, ski school, and rentals. Second lodge includes bar & restaurant, pool/sauna for lodging guests, gift shop, locker rooms and 2-bedroom apartment for onsite manager
3-bedroom ski house rental (owned) plus additional 30+ lodging rental units adjacent to mountain, including ski-in/ski-out, privately owned but managed by Big Powderhorn
Also available, but not included in the sale price, are 140 acres of potential development land
Co-listed with Doug Wright of SVN | Property Investment Advisors, LLC

Loan History

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Financial History

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Tax History

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Contact Information

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