My notes for this property


Add listing to my favorites (required)
Active
$999,000
/mo Edit
Commercial:  Other
Built 1964
0.17 acres
Crosby-Ironton schools
MLS# 6641036
My rating:
Request a Showing  
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Located right near the Cuyuna Bike Trails in the heart of the Deerwood & Crosby Trade Area. The 16-unit Property is turnkey with fully integrated Cloudbeds Software platform which allows an absent ownership to manage the bookings across multiple platforms including Airbnb, Booking.com, VRBO, among others. The platform synchronizes calendars automatically, adjusts pricing dynamically, generates unique door access codes, and automated guest communications. This turnkey investment ensures minimal owner involvement and allows you to generate cash flow while you are asleep. The building was completely renovated in 2024 and boasts a 3-bedroom 2 bath living quarters that can be used for rental, owner suite, or onsite manager. if desired but is not necessary with the automation in place. The recent renovation was thorough and included plumbing, siding, long term stay room efficiencies, new TV's, Electrical upgrades and much more. Do not miss out on the opportunity to own this cash flowing property with lots of upside on the rental roll. Seller Financing Available.

    Listing

    Contingency: None
    City: Deerwood
    County: Crow Wing
    State: MN
    Property Style: Other
    Zip Code: 56444
    Subdivision Name: Deerwood

    Interior

    Ceiling Height: 8-10
    Ranges: One Per Unit, Six or More
    Refrigerators: One Per Unit, Six or More
    Appliances Included:
    • Cooktop
    • Dryer
    • Microwave
    • Refrigerator
    • Washer
    Basement Details: None

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 24x26
    Garage Size: 624 ft2
    Garage Door Height: 8
    Other Parking Spaces: 40
    Air Conditioning: Wall Unit(s)
    Foundation Size: 5,140 ft2
    Handicap Accessible: Doors 36"+
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Boiler
    • Forced Air
    • Radiant
    Parking Features:
    • Detached
    • Guest Parking
    • Parking Lot
    Shared Amenities:
    • Coin-op Laundry Owned
    • Other
    • Patio
    Unit Amenities:
    • French Doors
    • Main Floor Primary Bedroom
    • Natural Woodwork
    • Tile Floors
    • Unspecified
    • Washer/Dryer Hookup
    Road Frontage: City Street
    Exterior Material:
    • Engineered Wood
    • Other
    • Shake Siding
    Roof Details:
    • Age 8 Years or Less
    • Asphalt
    • Flat
    • Rubber

    Lot & Land

    Acres: 0.17
    Geolocation: 46.47454, -93.901807
    Inclusions: Building, Business Assets, Business, Fixture/Equipment, Land, Rental License
    Lot Dimensions: 600 x 450
    Zoning:
    • Business/Commercial
    • Residential-Multi-Family
    Lot Description: Corner Lot

    Farm

    Topography: Level

    Schools

    School District: 182
    District Phone: 218-545-8801

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $3,034
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,034

    Units

    Total Units: 17

    Miscellaneous

    Current Use: Hotel/Motel
    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Listing provided by RMLS, courtesy of LPT Realty, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.