Thumper Pond Resort

SVN | Northco was hired as the seller’s representative for the sale of Thumper Pond Resort in Ottertail, MN, which is located in close proximity to Otter Tail Lake, one of the largest lakes in Minnesota ("Property"). The Property is situated on approximately 206.49 acres and consists of a 78 key hotel, 18-Hole Championship Golf Course carved out of 90,000 red pine trees, 12,000 SF indoor waterpark, a bar and grill (Willy T's Tavern), RV park, event facilities, and other resort amenities. There is also substantial room to grow the RV park operations, develop additional units, or use the additional land for another use. The Property is located approximately three hours by car from the Minneapolis-Saint Paul metropolitan area.

SVN | Northco was able to help advise on numerous matters including business analysis, financing, and a golf cart lease assumption to help get the transaction closed.