Property History
SVN | Northco is pleased to present for sale the Thumper Pond Resort in Ottertail, MN ("Property"). This one-of-a-kind offering features a 78-room hotel, bar and restaurant (Willy T's Tavern & Grill), 18-hole championship golf course, activity center (waterpark), event venue, 26-unit RV park and additional development land. There is truly something for everyone at this resort. Located about three hours from the Twin Cities Metro, this picturesque property was carved out of 90,000 Red Pine trees in between the popular Otter Tail and Buchanan Lakes. Experience the culture and charm of the Northwoods at Thumper Pond.
Profitable, turn-key resort business offered at a 10.9% cap rate
Located on 200+ acres between Otter Tail and Buchanan Lakes, about 3 hours from the Twin Cities Metro
78 keys in the hotel - listed at $57,782 per key
18-hole championship golf course, practice range, short game area and putting greens
Popular bar & restaurant - Willy T's Tavern & Grill (classic American dining); indoor and outdoor event venues
Activity Center (waterpark) - 12,000 square foot complex built in 2016
26-unit RV park - all sites feature large level pads and full hookups; additional land to support more than 240 sites and additional amenities
Additional available, but not included in the sale price of the resort and RV park, are 17 residential lots throughout to the resort
Loan History
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