Keweenaw Land Association Michigan Investment Package December 11, 2019 Re: Keweenaw Land Association – Michigan’s Upper Peninsula Investment Package We are pleased to represent Keweenaw Land Association in the sale of 20 vacant lots within four existing developments. These developments are in Gogebic and Iron counties, in Michigan’s Upper Peninsula. These properties have been surveyed and improved with roads. They include lots on the Paint River, Isaacson Lake, Michigamme River, and Lake Superior. At one point, these lots were listed individually in 2019 with an aggregate value of $1,428,500. The former listings have been cancelled, and we are now offering these 20 vacant lots as an investment package for $800,000. We are providing location maps, survey maps, previous individual listing prices, covenants, and highlights regarding the owner associations for each. Although winter is here, now is the time to start planning for spring and preparing an inventory for sale in 2020. We are here to show these properties at any time, regardless of weather, and answer any questions you may have. Please contact Dan Schummer, with CLC Lands and Private Lakes, Inc., for any further details and showing appointments. We look forward to hearing from you. Sincerely, Dan Schummer Real Estate Salesperson/Certified General Appraiser DTS/sh Enc. H O U G H T O N C O U N T Y GENERAL LOCATION MAP Keweenaw Land HOUGHTON Association - Listings CC O O U U N N T T Y Y BARAGA Little Girls Point CC O O U U N N T T Y Y ONTONAGON CC O O U U N N T T Y Y MARQUETTE MARQUETTE C O U N T Y C O U N T Y GOGEBIC CC O O U U N N T T Y Y II r r o o n n CC o o u u n n t t y y Paint River IRONIRON CC O O U U N N T T Y Y Michigamme River V i l a s CC o o u u n n t t y y DICKINSON CC O O U U N N T T Y Y Isaccson Lake F l o r e n c e CC o o u u n n t t y y P r i c e CC o o u u n n t t y y O n e i d a F o r e s t CC o o u u n n t t y y CC o o u u n n t t y y 0 10 20 Legend Miles Property for Sale MMap a r Date: i n e t t10/7/2019 e M a r i n e t t e MENOMINEE C o u n t y Map C o uScale: n t y 1:800,000 CC O O U UO N N T T Y Y LL i i n n c c o o l l n n This map is intended for display and location purposes only. On the ground conditions CC o o u u n n t t y y may and will vary. CLC does not warrant the accuracy of thisCopyright:© map and provides 2018 it Garminas is. Location Map Little Girls Point Lots Bayfield County Part of Section(s) 27 & 34, Ontonagon T49N-R48W, County Gogebic County, MI Ashland County Gogebic County Lake Superior Iron Gogebic County County12 17 16 15 14 13 24 19 20 21 22 23 24 49N47W 27 26 25 Property 30 29 29 28 27 26 25 49N48W 31 32 33 34 35 36 31 32 33 34 35 36 02 01 06 05 04 03 02 01 06 05 04 03 Lake Rd 02 01 10 Triplett Ln Spirit Lake 11 12 07 08 09 10 Co Hwy 505 Rd Powers 11 12 Co Hwy A Powers Rd 07 08 09 Partridge Rd 10 11 15 12 14 48N49W 13 18 17 48N47W 07 16 15 Niemi Ln 14 13 48N48W 18 17 22 16 15 20 14 13 20 18 23 24 19 Lake Rd Hoyt Rd 21 Norlund Rd 22 23 T47N-R1W Montreal River 24 19 25 25 20 21 26 0 0.522 1 2 Berg Rd 48N48W 23 24 19 Niemi Rd Legend Miles Vanderhagen Rd Seppi Rd Lake Rd Norlund Rd 28 27 Skyway Rd T47N-R1E 26 25 W Wall St 30 Property29 for Sale Map Date: 5/8/2019 28 Bale Ln Airport Rd 27 26 Airport Rd Junet Rd Map Scale: 1:100,000 O25 30 33 34 34 Co Hwy B Hautala Corner Hendrickson Rd T47N-R2E 35 This map is intended for display and location purposes only. On the ground conditions 36 31 32 33 may and Norlundwill Rd vary. CLC does not warrant the accuracy34 of this map35 and provides 36it as is. 31 Location Map Little Girls Point Lots Bayfield County Part of Section(s) 27 & 34, Ontonagon T49N-R48W, County Gogebic County, MI Ashland County Gogebic Lake Superior County Iron Gogebic County County Brace Rd Lake Rd Lake Rd Lake Rd 0 660 1,320 2,640 Legend Feet Property for Sale Map Date: 5/8/2019 Map Scale: 1:24,000 O This map is intended for display and location purposes only. On the ground conditions may and will vary. CLC does not warrant the accuracy of this map and provides it as is. Lake Superior Cove Development These properties are part of the Lake Superior Cove Development, desirably located just up the shoreline from fabled Little Girls Point within Gogebic County, Michigan. The Lake Superior frontage varies from 244 to 648 feet, in addition to two off water lots. The investment package includes the following properties: 2019 Individual Lake Superior LISTING Acres List Price Frontage Lake Superior Lot #9 $41,900 3.80 Off Water Lake Superior Lot #10 $46,900 5.30 Off Water Lake Superior Lot #7 $129,900 4.20 308 Feet Lake Superior Lot #4 $139,900 3.90 245 Feet Lake Superior Lot #5 $139,900 3.30 258 Feet Lake Superior Lot #6 $149,900 3.40 244 Feet Lake Superior Lot #8 $199,900 5.80 648 Feet Totals: $848,300 29.70 1,703 Feet IRONIRON COUNTYCOUNTY 09 10 11 12 12 11 07 08 09 10 11 12 07 Paint River Highlands Lots07 09 GENERAL10 LOCATION MAP Location Map 08 16 15 14 HOUGHTON 13 18 17 16 Liver Lake Part of Section 11, 15 14 13 ONTONAGON BARAGA 18 17 16 15 14 13 18 T43N-R33W, Rautanen Rd 17 WPA Rd MARQUETTE GOGEBIC Gilbert Lake ALGER 21 Iron County, MI Fire Lake Gibson Lake IRON 22 23 24 Gibson Lake 19 20 21 22 23 24 Vilas 19 20 NoyesRd Old US 141 21 22 23 DICKINSON 24 19 DELTA 44N34W Joley Rd 20 44N33W Fire Lake Rd 44N32W Florence Oneida 44N31W Forest 28 27 26 Clark Rd 25 30 MENOMINEE 29 28 27 26 25 30 29 Marinette N Casagranda Rd 28 27 26 25 30 Door29 Fisher Rd Langlade Oconto Camp Lake Marathon Door Door 33 Camp Lake Michigamme Reservoir 34 35 36 31 32 33 34 35 36 31 32 33 34 35 36 Swan Lake 31 32 Swan Lake Koivu Rd Upper Holmes Lakes 04 03 02 01 06 05 04 Michigamme River 03 02 01 06 05 04 03 02 01 06 05 Shoe Pac Lake Bates Amasa Rd Shoe Pac Lake Kelso Junction 09 10 11 12 07 08 09 10 11 12 07 08 09 10 11 12 07 08 Paint River Soderena Rd 16 Chicagon Slough Rock Crusher Rd 43N33W 15 14 13 18 17 16 43N32W 15 14 13 18 17 16 15 Long Lake US 141 14 13 18 17 Section 14 Rd Lake Emily Lind Rd Hope Lake 43N31W 22 23 Crystal Falls to Iron River Hope Lake 24 19 20 Kaski Rd 21 22 23 Mansfield Location 24 19 20 21 43N34W Chicagon 22 23 24 19 20 Anderson Lake New Bristol Location US 2 Briar Hill Creek US Hwy 2 27 26 Mud Lake CrystalRunkle Falls Lake 25 30 29 28 27 26 25 30 29 28 Ismay Rd 27 26 25 30 29 Monongahela Rd Nelson Rd Idlewild Rd 34 M 69 35 MansfieldCutoff 36 31 32 33 34 35 36 31 32 33 34 Old Lake35 Mary Rd 36 31 32 Second Lake Unknown Wagner Lake 0 0.5 1 2 03 02 01 Pentoga Trl 06 05 04 Railroad Lake Glidden Lake 03 02 01 Legend GliddenMiles Lake 06 05 04 03 Chicagon Lake Third Lake 02 01 06 05 42N34W Property for Sale Map Date: 7/3/2019 42N33W 42N32W US Hwy 141 42N31W 10 11 12 LittleMap Mud Scale: Lake 1:100,000 07 08 09 LakeO Mary 10 Groulx Ln 11 12 07 08 09 10 11 ThisUS map 2 is intended for display and location purposes only. On12 the ground conditions07 08 IndianIndian LakeLake 3rd St 15 14 13 18 17 16 15 may and will vary. CLC does not warrant the accuracy of this map and provides it as is. 33 Paint River Highlands Lots 34 35 Location Map 36 HOUGHTON 31 Part of Section 11, ONTONAGON BARAGA Swan Lake Swante Aho Rd T43N-R33W, Koivu Rd MARQUETTE GOGEBIC ALGER Iron County, MI IRON Vilas DICKINSON Grandahl Rd DELTA Florence Oneida Forest 04 MENOMINEE 03 Marinette 02 Door 01 Langlade Oconto 06 Marathon Door Door Nelson Rd Shoe Pac Lake Paint River WildernessPaint Way River Sheltrow Rd Memory Lane Dr 09 10 11 12 07 US141 Soderena Rd 0 660 1,320 2,640 16 15 14 Legend Feet 13 18 Rons Rd Property for Sale Map Date: 7/3/2019 Lind Lind Rd Map Scale: 1:24,000 O Kuivila Rd This map is intended for display and location purposes only.