Arrowhead RV Resort
RV & Mobile Home ParkEly, St. Louis County, Minnesota
Listing Details
- Asking Price
- $1.2M
- Sites
- 59
- Acreage
- 20 acres
- City
- Ely
- County
- St. Louis County
- State
- Minnesota
Request full financials & broker intro
Get full listing details and a direct introduction to the listing broker — free.
Already a Parkvestor member? Unlock instantly
About Arrowhead RV Resort
TO VIEW FINANCIALS, CLICK **VIEW OM” OR “SEE DUE DILIGENCE”, SIGN THE CONFIDENTIALITY AGREEMENT, AND YOU WILL HAVE IMMEDIATE ACCESS”. CONTACT JAMARI RIDORE WITH ANY QUESTIONS JAMARI@MHPVALUE.COM
The MHP Value Team is pleased to present Arrowhead RV Resort, a 59-site RV park in Ely (+ one caretaker unit and one clubhouse), with the potential to expand to 112–120 total sites through a Conditional Use Permit (CUP), supported by acreage and discussions with the city.
Originally a mobile home park, the property was repositioned by the current owner into a higher-end RV resort and private membership concept, including planned amenities such as a clubhouse and sauna. While a significant portion of the redevelopment was completed, the project was not fully executed and operations ceased post-COVID-19 pandemic due to the owner’s shifting priorities.
This is a partially completed RV resort with substantial upfront work already completed, including approvals for 59 sites and the ability to pursue additional density via CUP modification. The property spans ~20 acres with additional undeveloped land capable of supporting expansion to 112–120 sites (subject to city approval), with the seller agreeing to fund required engineering and support the hearing and entitlement process.
The existing infrastructure includes 23 luxury full-hookup RV sites, 16 legacy concrete pads from the former MHP suitable for conversion, a clubhouse, and a park-owned home occupied by a caretaker. Personal property conveys, including ~19 custom electrical pedestals (in storage), clubhouse FF&E, a new John Deere mower, and much more.
An investor has the opportunity to achieve a ~25% IRR while benefiting from low down payment seller financing and no payments in the first year, by leasing up existing sites, completing remaining development, and pursuing additional density.
Important Note to Prospective Buyers from Pace Morby: Congrats to all new members of the “Creative Finance” and “Subto” communities. We appreciate your interest and enthusiasm. Please note that we work exclusively with qualified, verified buyers. Our clients are not seeking first-time purchasers attempting to acquire mobile home parks with no capital investment.
We will also not share proprietary Seller information with any intermediaries, including, but not limited to, scouts, “bird dogs,” or third parties.
Frequently Asked Questions
How much does Arrowhead RV Resort cost?
Arrowhead RV Resort is listed at $1.2M. Request full financials through Parkvestor for a direct introduction to the listing broker.
How many sites does Arrowhead RV Resort have?
Arrowhead RV Resort has approximately 59 sites across 20 acres in Ely, Minnesota.
What type of property is Arrowhead RV Resort?
Arrowhead RV Resort is a mixed-use park with both RV and mobile home spaces located in Ely, Minnesota, currently listed for sale.
Where is Arrowhead RV Resort located?
Arrowhead RV Resort is located in Ely, Minnesota. Browse more parks for sale in Minnesota on Parkvestor.
How do I get more information about Arrowhead RV Resort?
Submit the broker intro request on this page. Parkvestor connects you directly with the listing broker for Arrowhead RV Resort at no cost — no account required.
Thinking about selling your park in Minnesota?
Get a confidential valuation and connect with qualified buyers. No obligation, no pressure.
More RV Parks for Sale in Minnesota
River Terrace Park and Campground
$8.5MRiver Terrace Park and Campground is located along the beautiful west bank of the Mississippi River. The property is a quiet and secluded community in close proximity to downtown Monticello. It is comprised of 87 campground/RV sites and a 92-unit mobile home park. Please see offering memorandum for complete details. Mobile Home Park Property Details Upper mobile home park acquired in September 2024 to improve scale. Occupancy: 93% Upper Park Land Size: 4.16 AC. Lower Park Land Size: 21 AC. 92 total sites plus duplex rental home. Large commercial playground with 23 activities. Monthly rates with sewer, water, and trash. Large fishing pier overlooking the Mississippi River. 2,000 sq. ft. rental home located on the park grounds. Lower-level rent: $1,350/mo. Upper-level rent: $1,650/mo. Roads and pads approximately 90% paved. Campground/RV Property Details: 87 total sites. Daily, weekly, and monthly rates. Common restrooms with full showers. Coin operated laundromat. Self-service RV wash 67 @ 20/30 amp & 20 @ 20/30/50 amp Camp store + annex
Lakes Region Campground - Seller Financed
$3.8MLakes Region Campground - Seller FinancedThis established campground sits on 55 +/- acres in a peaceful rural setting near popular lakes, combining dependable permanent and seasonal sites with flexible weekend stays. A separate residential building site with a house, shed, and barn is available for purchase separately. The result is a versatile, income-producing hospitality asset with reliable occupancy and steady tourist traffic.
Whispering Pines Resort
$2.8MA once-in-a-generation opportunity to own an established lakeside resort on Big Pine Lake one of Otter Tail County’s most sought-after recreational lakes. Situated on approximately 5.5 acres with 325 feet of pristine, level, sandy shoreline, Whispering Pines Resort has been welcoming guests for decades and offers an exceptional combination of proven income, outstanding amenities, and future upside. There are 29 bedrooms, that sleep close to 90 total people. For the past 25 years, Whispering Pines has been cherished and meticulously maintained by four family owners and they have enjoyed not only the financial benefits of the resort, but the priceless memories created with family, friends, and generations of returning guests. Opportunities like this are exceptionally rare, as properties offering both a treasured family legacy and established income-producing potential are seldom passed from one family to another. The property features 12 updated fully furnished cabins, including three newer log homes, 14 licensed RV sites, with six separately platted parcels ranging from approximately 0.85 to 0.99 acres, creating flexibility and long-term value rarely found in resort properties. Guests enjoy everything that makes a classic Minnesota lake vacation unforgettable, including a beautiful sandy swimming beach, beach volleyball court, three docks with boat slips, playground, fish cleaning house, traditional sauna, game room, and an on-site gift and bait shop. An owner/manager residence is located on the property, allowing for convenient year-round management and operation. Ownership has made substantial capital improvements, including a new $250,000 septic system and drain field, providing peace of mind for years to come. Whether you’re looking to continue operating a successful, turnkey resort, expand the existing business, or simply invest in one of the finest lakefront properties in the Perham Lakes Area, Whispering Pines presents an exceptional opportunity. Properties offering this combination of acreage, level sandy shoreline, established income, and development flexibility rarely become available.
4.91 Acres,400'Lakeshore, 40RV Campground sites , Bar/Rest. Bldg.
$2.2MImagine owning your own slice of lakefront paradise with this exceptional 40-site RV campground opportunity. You'll find yourself managing 4.91 pristine acres with 400 feet of beautiful lakeshore frontage - the kind of setting that keeps guests coming back year after year.This established seasonal campground has everything you need to hit the ground running. Your 40 RV sites are perfectly positioned right on the water, giving every guest that coveted lakefront experience. You'll love that all power outlets have been upgraded to 50 amps, meeting today's RV standards and keeping your guests happy.The amenities speak for themselves: private beach access, on-site shower facilities, Wi-Fi throughout the property, and a convenient sewer dump station. These features ensure your guests have everything they need for a comfortable stay.Here's where it gets even better - there's a substantial 7,984 square foot bar and restaurant building that's fully leased out, providing you with steady rental income without the headaches of food service operations. The building has received significant upgrades, making it an attractive asset for your tenant.As the current owner operates this business absentee, you can see the potential for hands-on management to really make this property shine. Whether you want to maintain the same approach or get more involved, the choice is yours.This is truly a rare find in the campground industry - waterfront properties with this much potential don't come available often. You'll be acquiring not just a business, but a lifestyle opportunity in beautiful Brown County. The combination of seasonal RV income plus restaurant lease revenue creates multiple income streams for financial stability.If you've been dreaming of owning a lakefront hospitality business where you can welcome families to create lasting memories, this could be your perfect opportunity.
Hibbing Village Mobile Home Community
$1.5MHibbing Village Mobile Home Community (formerly Forest Heights RV & Mobile Home Park) offers a highly attractive, shovel-ready value-add opportunity situated in the regional commercial and industrial hub of Hibbing, Minnesota. The property has been completely remediated and cleared of all previous problematic tenancies, non-paying occupants, and unauthorized trespassers. With security fully established and the grounds thoroughly cleaned, the community provides a clean slate that enables an incoming investor to immediately execute site prep, utility line extensions, and pad infill without operational drag, legal delays, or inherited legacy liabilities. Spanning approximately 21.87 acres (15 developed acres) with an extraordinary footprint of 137 total hookup sites—including 60 manufactured home pads with 200-amp electrical service, 32 full hookup RV spaces, and 45 partial hookup campsites— the property is offered at an asking price of $2,000,000 ($25,000 per site). Utility infrastructure risks are eliminated as the park is 100% serviced by public city water and city sewer provided directly by the City of Hibbing. This robust municipal utility capacity provides a turnkey infrastructure foundation, allowing ownership to scale pad fill aggressively without the need for complex, capital-intensive private well or septic expansions. Operational efficiency and site management are further supported by dedicated on-site brick and maintenance facilities that provide secure storage for equipment, tools, and administrative oversight. The community is exceptionally positioned to capture a dual-demand tenant profile that maximizes year-round revenue. It offers long-term residential housing for the stable workforce employed at nearby taconite mining facilities (Hibbing Taconite), industrial manufacturing plants (L&M Radiator), healthcare centers, and regional retail hubs, while simultaneously catering to seasonal RV guests, contractors, and outdoor recreation enthusiasts. Located just 10 minutes from premier regional draws like the Redhead Mountain Bike Park in Chisholm, local lake chains, and St. Louis County powersports trails, Hibbing Village represents a prime value-add acquisition primed for rapid infill and long-term cash flow generation. For more information, please contact Hector Amezquita (562) 277-8671 or email at Hector.coo@abgrei.com
Annandale Trailer Court
$1.4MTO VIEW FINANCIALS, CLICK **VIEW OM” OR “SEE DUE DILIGENCE”, SIGN THE CONFIDENTIALITY AGREEMENT, AND YOU WILL HAVE IMMEDIATE ACCESS”. CONTACT DERRICK SINCLAIR WITH ANY QUESTIONS Derricks@MHPVALUE.COM The MHP Value Team is pleased to offer for sale Annandale Trailer Court, a 33-site manufactured housing community located in Annandale, Minnesota, approximately one hour northwest of the Minneapolis–Saint Paul MSA. The community is primarily a tenant-owned home community consisting of 23 lot renters averaging $378/month, five Rent-to-Own homes paying $775/M, two apartment units occupied at $1,380/M, two RV sites bringing in $740/M combined, one vacant lot with infrastructure, and one vacant Park-Owned Home. Ownership has professionally operated the property since acquisition, resulting in strong occupancy and no current collection issues. The investment opportunity is centered around below-market lot rents. Comparable communities in Annandale are achieving ~$625/month, while ownership believes the property can support rents of at least $525/month, providing investors a clear path to increase NOI over time. Additional upside includes leasing the vacant Park-Owned Home and the potential to create approximately three additional sites utilizing excess land within the community. The property is serviced by HDPE water lines, well water, septic sewer, and individually sub-metered electric and gas, with several infrastructure improvements completed by current ownership. Important Note to Prospective Buyers from Pace Morby: Congrats to all new members of the Pace Morby “Creative Finance” and “Subto” communities. We appreciate your interest and enthusiasm. Please note that we work exclusively with qualified, verified buyers. Our clients are not seeking first-time purchasers attempting to acquire mobile home parks with no capital investment. We will also not share proprietary Seller information with any intermediaries, including, but not limited to, scouts, “bird dogs,” or third parties.