Cuyuna Cove & Tofte Trails for Sale

Resort Portfolio
For sale

Overview

SVN | Northco is pleased to present the sale of both Cuyuna Cove, an outdoor resort located in Crosby, Minnesota and Tofte Trails, a premier luxury resort in Tofte, Minnesota.

Highlights

  • 10% Cap Rate | Upscale, modern resort portfolio for sale in two of Minnesota's top vacation destinations
  • Tofte Trails is a luxury resort in Minnesota's North Shore region with breathtaking views of Lake Superior in close proximity to the Boundary Waters, Lutsen Mountains, Superior National Golf Course and numerous hiking trails
  • Tofte Trails includes 5 upscale, year-round cabins with a blend of old wood charm and modern amenities
  • Cuyuna Cove is a modern outdoor retreat experience in the Brainerd Lakes Area with direct access to Cuyuna Country State Recreation Area, with world-class mountain bike trails and pristine mine lakes
  • Cuyuna Cove includes 10 custom-built units: 5 seasonal bungalows and 5 year-round cabins, with additional amenities and future expansion potential
  • Additionally available at a value of $235,000, is approximately 5.28 acres of land for future development at Tofte Trails, offering the two resort portfolio and land at a 9.54% cap rate