2410 Albion Ave
- Well-located lakeside cabin resort situated on Hall Lake within Fairmont’s Chain of Lakes in Southern Minnesota, offered at an 11.47% cap rate
- 11-cabin resort that sleeps up to 41 situated on 1.574 acres, comprised of six year-round cabins and five seasonal cabins, offering a flexible lodging mix for both peak-season and extended-stay demand
- Cabins range from 221 sq ft up to 800 sq ft with many improvements made since the current owners purchased in 2018
- Amenities include pontoon rentals, boat slips, firepits, grills, a playground, a fishing dock and a fish cleaning station that support family-friendly stays and repeat visits
- Located in a recognized lake community destination that attracts regional visitors throughout the year, supported by outdoor recreation and small-town appeal
Property Description
SVN | Northco is pleased to present, as exclusive advisor to ownership, the listing of Hall Lake Cabins, a lakeside resort destination located in Fairmont, Minnesota (“Property”). Situated directly on Hall Lake within Fairmont’s Chain of Lakes, the Property features 11 cabins comprised of six year-round cabins and five seasonal cabins, offering guests an authentic “lake life” experience supported by strong seasonal recreation demand. Cabins are equipped with towels and linens, an in-unit stove, refrigerator, cooking supplies, cable television, and air conditioning, while on-site amenities include firepits, grills, a playground, a fishing dock, and four rental pontoons that support fishing, boating, swimming, and pet-friendly stays. Hall Lake Cabins represents a compelling opportunity to acquire a well-amenitized cabin resort in a proven Southern Minnesota leisure market.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $595,000 |
| No. of Units: | 11 |
| Year Built: | 1955 |
| Lot Size: | 1.57 Acres |
| Opportunity Zone: | No |
| Price per unit: | $54,091 |
| Property Website | Click Here |
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