RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 10.0%
- Listing ID: 1046124
- Posted On: Mar 25, 2019
- Updated On: Jul 30, 2019
Description
Details
MLS# 5155719
Description for 7911 N North Shore Drive, Spicer, MN, 56288 - Green Lake
Home over the water, Home in the Park, Two Cabins, Marina Business & 48 unit RV Park w/ house. Ye Olde Mill Inn Resort... The history of the location echos from generations past. Nestled among the shores of beautiful Nest & Green Lakes! This luxury home rests literally over the water! Enjoy the lake lifestyle and resort atmosphere during the summer season. Fold it up & put it on the shelf for the winter. This area was originally settled due to the open water all winter caused by the Crow River water shed. This feature of moving waters boasts nature watching like you would never believe; a bird watchers paradise. The winters are quiet and beautiful here with the four zone HVAC to keep you toasty. Be sure to see the 3D virtual tour.
Listing Information
Property Type: Residential, Single Family, 2 Story
Status: Active
Bedrooms: 11
Bathrooms: 9
Lot Size: 11 Acres
Square Feet: 5,916 sq ft
Year Built: 1850
Garage: Yes
Stories: 2 Stories
County: Kandiyohi
Days On Market: 40
Construction Status: Previously Owned
School Information
District: 345 - New London-Spicer
Room Information
Main Floor
Other: 34X14
Kitchen: 24X14
Upper Floor
Laundry: 5X11
Bathrooms
Full Baths: 4
3/4 Baths: 2
1/2 Baths: 3
Additonal Room Information
Dining: Breakfast Area,Eat In Kitchen,Informal Dining Room,Living/Dining Room
Bath Description: Full Master,Private Master,Main Floor 3/4 Bath,Separate Tub & Shower,Master Walk-Thru
Interior Features
Square Footage above: 5,416 sq ft
Square Footage below: 500 sq ft
Appliances: Microwave, Range, Exhaust Fan/Hood, Refrigerator, Dryer, Dishwasher
Basement: Walkout, Crawl Space, Poured Concrete, Partial, Stone, Concrete Block
Additional Interior Features: Walk-In Closet, Security System, Vaulted Ceiling(s), Skylight, Hardwood Floors, Tiled Floors, Washer/Dryer Hookup, Natural Woodwork
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Cooling: Central
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Garage Spaces: 4
Parking Description: Tuckunder, Detached Garage, Driveway - Asphalt, Garage Dimensions - 20x30
Exterior: Vinyl, Other
Roof: Asphalt Shingles
Additional Exterior/Lot Features: Deck
Waterfront Details
Body of Water: Green Lake
DNR Lake ID: 34007900
Water Front Type: Association Access
Water Frontage: 1,000 Ft.
Lake Acres: 5,561
Lake Depth: 110 Ft.
Community Features
HOA Dues Include: Shared Amenities, Snow/Lawn Care, Parking Space
Homeowners Association
HOA Dues: $3,600 / Yearly
Driving Directions
Vicinity of the corner of North Shore Drive and Old Mill Road
Financial Considerations
Assessments: $738
Tax/Property ID: 277350040
Tax Amount: $16,870
Tax Year: 2018
HomeStead Description: Homesteaded
Amenities
- Boat Access
- Manager Office
- Bathhouse
Park Information
Number of RV Lots: | 48 |
Financial Information (Pro Forma)
Gross Income: | $200,000 |
Operating Expense: | $80,000 |
Net Operating Income: | $100,000 |
Expense Ratio: | 40.0 % |
Debt Info: | 1500000 |
Utility Information
Water: | Well |
Sewer: | Septic |