Sale of the Keweenaw Mountain Lodge Copper Harbor

Of public interest is the recent selling of the Keweenaw Mountain Lodge in Copper Harbor, Michigan. It appears there are bidders with no commitment at this time. The strongest bidder or most desired by the County given their offer is a cash off is


Keweenaw Mountain Lodge Sale Information List Price $1,500,000

KEWEENAW MOUNTAIN LODGE

SALE INFORMATION

List price: $1,500,000

The Keweenaw Mountain Lodge consists of a golf course, a lodge with bar and restaurant, a conference center, 24 cabins, a motel, and several storage buildings situated on approximately 178 acres in Keweenaw County, Michigan. This KML Boundary Survey shows the dimensions and configuration of the property.

Limited easements for the benefit of local hiking and biking trails have been recorded on the property, as shown on this Easement Survey. The easement survey only shows those trails which Keweenaw County is protecting for continued public use. Other trails exist on the property.

The listing agent for the property is SVN-Northco. Contacts at SVN/Northco are as follows:

Frank Jermusek President / Managing Director Direct: 952.820.1615 Cell: 612.385.5546 Office: 952-820-1600 mailto:frank.jermusek@svn.com

Chris Kubesh Advisor Phone: 952.820.1668 Cell: 612.242.6443 chris.kubesh@svn.com

Offers to purchase will be required to acknowledge receipt of these Disclosures. The Keweenaw Mountain Lodge is being sold “as is” and subject to all matters of record. Buyers are encouraged to make independent title reviews and to obtain physical inspections of the property.

Realtors representing buyers should review this Addendum. Among other things, the Addendum describes the personal property being sold with the real estate; requires that purchase offers for less than full price must remain open for acceptance through the end of the initial six-month listing period; and provides that a sale must close after November 1, 2017 so that the County is able to keep the commitments it has made to existing customers.


Recent Update


I emailed the alleged buyer (Anthony Lane Partners, LLC) for the KML with a few questions......here's the response........certainly open ended. Many have confirmed that that the sale is not final and remains in review with other bidders.


EMAIL SENT TO

Hello,

I am a part-time resident of Keweenaw County and have enjoyed the KML for many years. Given your recent announcement of the acquisition (not sure if the purchase process is complete) can you share any plans/vision for it's use (beyond what has been shared in the Mining Gazette) and will it's future include public access as a restaurant/lodge/hotel??

I understand and appreciate the concept of alternative energy research and application and it's use potentially reducing operating costs at KML. It was unclear to me whether as a center for conferences/retreats whether public access as it is today would be maintained.

Can you tell me more about the Rhea Institute. I could not find any info on the WEB.

Thanks much, Jim C. Simak


RESPONSE>>>>>FROM ANTHONY LANE PARTNERS


Hi James,

Thank you for your inquiry. We are very excited about the opportunity to acquire the KML. As of right now, our intention is for the resort to remain open to the public. We are incubating ideas for how to put the facility to best use.

As for The Rhea Institute, we have been developing the concept and logistics for the Institute for some time and have been looking for the right property on which to locate it. We believe that we have found that location at the Keweenaw Mountain Lodge. Our objective is to bring our plans for The Rhea Institute to fruition alongside our development of the KML facility. We very much appreciate your interest and support.

Best regards...

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