Pets:

It has been the policy of the resort not to allow pets. That policy will remain with the exception of owners' personal pets. No more than 2 pets per owner family and it is expected that all owners will properly and immediately care for and pick up after their pets. A kennel will be built behind the shop to house barking or mis-behaving pets.

Suggested Due Diligence of Contemplated Purchase of NPCs:

Income potential: Compare Northern Lights Resort & Outfitting (quality, facility and rates) to the other resorts on the Kabetogama, Crane Lake chain, Vermilion and Rainy Lake for facilities, cabins, dock system, amenities, activities and setting. That comparison will give you a sense of vacation values and the potential for cabin rental performance.

Cabin value comparisons and Benefits: Call local Real Estate Agents in all of the above areas and look at other cabins for sale and see how they compare to the cabins, grounds, beach and benefits of NPC. Compare values of private cabins vs. NPC cabins. At NPC there are quality cabins on private owned lots, good roads, marina, beach, good sewer system, softened water well, maintenance, management, activities and amenities, private laundry and garage space. Do the math! Consider the annual cost to maintain a private cabin and make the payments plus do all yard and other work or hire the work done to maintain the cabin and look after the security of it. NPC will have year round residence managers.

Factors That May Affect Appreciation

Limited amount of private land: The Voyageurs National Park is 219,000 acres of wilderness water, islands and remote land with only 4 land based entry points of which Kabetogama is one. Each entry area (Kabetogama, Ash River, Crane and Rainy) has very little private land. There are less than 40 resorts through the system of lakes and into Rainy. Northern Lights Resort has 13 acres and 1,270 feet of shoreline. This is one of the largest private lakeshore parcels and has one of the newest and most progressive engineered sewer systems. There is shoreline on the lake that can not be developed because the soil conditions can not handle a sewer system (some cabins are on holding tanks for sewer or water tanks for domestic water). Private property availability is limited and demand is growing. The wilderness will be preserved as a National Park.

Kabetogama: a better value in lake shore: Lake shore on Vermilion and Rainy has been higher priced than on Kabetogama which is located between them.

Easy access: Although a pristine wilderness area 300 miles north of Minneapolis / St. Paul there is 4 lane highway to within 75 miles of the resort and that last 75 miles is 3 lane (alternating passing lanes). Like Wilderness Mountain land in Colorado there are commercial airline connections and daily flights to the International Airport of International Falls, Minnesota. The International Falls Airport opens the area to the world which may be a component for appreciation.

Statistical appreciation for lake shore in St. Louis County: This information can be obtained through the St. Louis County Assessor's office.

A recreational investment for the times: NPC captures a desirable environment with long vista views of wilderness water and islands. A view and environment guaranteed not to change as it is a National Park. NPC has good value, the extras of activities, amenities, a garage, private laundry, maintenance, management, income, financing terms of 1% above prime after 20 to 25% down and security. Care free ownership with income in a limited available environment.

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