Quarterdeck Resort

Nisswa, MN

Project Overview

SVN | Northco was engaged as the seller's representative for the sale of Quarterdeck Resort, which is located in one of the most popular resort destinations in the Midwest, the Brainerd Lakes Area, on arguably its most popular lake, Gull Lake. Originally established in 1957, the sale included an existing lodge/amenity building (with a new restaurant that was added in 2018), 24 lakeside units, the largest dock system on Gull Lake (96 slips), and significant development land, much of which includes approvals, entitlements and infrastructure. This is one of the most well-known resorts in the Brainerd Lakes Area, and is poised for growth and success for years to come.

"Frank's honesty and integrity made it easy to trust I was making the right decision in this acquisition."

“I had the pleasure of working with Frank Jermusek and his professional team at SVN | Northco in the transaction to acquire Quarterdeck Resort. Even being a veteran in hospitality, Frank and his team's knowledge about the industry, specifically the property, and vision they shared helped me realize what the property's maximum potential could be since this was a project that was started but still had a lot of development opportunities left for the next owners.

I found his team to be very accommodating, helpful, and overall very informative regarding the step-by-step process to closing. Frank's honesty and integrity made it easy to trust I was making the right decision in this acquisition. I look forward to doing more business with SVN | Northco in the future and highly recommend Frank and his team.”

Jamie Tatge

Buyer

President, Leisure Hotels & Resorts, Buyer