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Larsmont Cottages on
    Lake Superior

    385-Share 4
   Quartershare/Fractional ownership – Share 4
   Not a time share
   End Unit – Rare, Private, Lake View
   Patio, Outdoor seating, Portable Gas Grill
   3 Bedroom, Beautifully decorated
   Main floor – Kitchen, Dining, Living Room
   Master Bedroom, Locker, Laundry room,
   3 Full baths, Whirlpools, deluxe showers
   Two bedrooms up – 1 Lake View, 1 Woods View
   In floor heat
   Gas Fireplaces - lower level & upstairs bedroom
   Lots of tile and wood
   Cambria counters, upgraded appliances
   Completely furnished, including kitchen
   Indoor pool/outdoor hot tub
   Wood fired Finnish Sauna
   Massage & Spa Cabin
   Fabulous Ledge Rock Grill Restaurant
   Bike, Kayak & Canoe rentals
   Cross-country skiing rental for winter
   17 mi north of Duluth on Scenic Hwy 61
   40 Acres, 1300 feet of lakeshore
   40 minutes from Lutsen Ski Resort
   This prime piece of vacation real estate has all
    the amenities of a luxury north woods resort
    but without all the responsibilities of
    maintenance, repair or upkeep.
   Your purchase entitles you to use all of the
    resort services for one full week of every
    month all year long for a total of 13 weeks.
   Each year you are entitled to two holidays &
    these rotate every year for owner equity.
   You may chose to use the entire lake home (all
    three bedrooms) or just the lower level.
   What you don’t use you may rent for a revenue
    return which is managed & shared with the
    management company.
   Association dues are $1,702/quarter. This
    includes:
    Electricity, Firewood, Insurance, Lawn & Grounds
    Repairs/Replacement, Management Fees, Propane
    Taxes, Recreation Bldg, Garbage, Sewer, Water
    Snow/Ice Removal, Telephone, TV, Internet
     Restaurant Meal card
   Restaurant meal card - $700 per year (part of
    your quarterly dues) Fabulous meals!!

   Rental Income averages $10,000 to $12,000
    per year (in a down economy)

   Rental income generally covers your yearly
    Association dues
   $185,000 Quartershare ownership

   No Realtor Fees or Commissions paid

   $500 referral if you find a buyer

   More Info - contact Karen Borre
     karen.borre@shapeshiftersconsulting.com
     952-933-5564

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Lrsmt 2012 slide share

  • 1. Larsmont Cottages on Lake Superior 385-Share 4
  • 2. Quartershare/Fractional ownership – Share 4  Not a time share  End Unit – Rare, Private, Lake View  Patio, Outdoor seating, Portable Gas Grill  3 Bedroom, Beautifully decorated  Main floor – Kitchen, Dining, Living Room  Master Bedroom, Locker, Laundry room,  3 Full baths, Whirlpools, deluxe showers  Two bedrooms up – 1 Lake View, 1 Woods View  In floor heat  Gas Fireplaces - lower level & upstairs bedroom  Lots of tile and wood  Cambria counters, upgraded appliances  Completely furnished, including kitchen
  • 3.
  • 4.
  • 5.
  • 6. Indoor pool/outdoor hot tub  Wood fired Finnish Sauna  Massage & Spa Cabin  Fabulous Ledge Rock Grill Restaurant  Bike, Kayak & Canoe rentals  Cross-country skiing rental for winter  17 mi north of Duluth on Scenic Hwy 61  40 Acres, 1300 feet of lakeshore  40 minutes from Lutsen Ski Resort
  • 7.
  • 8. This prime piece of vacation real estate has all the amenities of a luxury north woods resort but without all the responsibilities of maintenance, repair or upkeep.  Your purchase entitles you to use all of the resort services for one full week of every month all year long for a total of 13 weeks.  Each year you are entitled to two holidays & these rotate every year for owner equity.
  • 9.
  • 10.
  • 11. You may chose to use the entire lake home (all three bedrooms) or just the lower level.  What you don’t use you may rent for a revenue return which is managed & shared with the management company.  Association dues are $1,702/quarter. This includes: Electricity, Firewood, Insurance, Lawn & Grounds Repairs/Replacement, Management Fees, Propane Taxes, Recreation Bldg, Garbage, Sewer, Water Snow/Ice Removal, Telephone, TV, Internet  Restaurant Meal card
  • 12.
  • 13. Restaurant meal card - $700 per year (part of your quarterly dues) Fabulous meals!!  Rental Income averages $10,000 to $12,000 per year (in a down economy)  Rental income generally covers your yearly Association dues
  • 14.
  • 15.
  • 16. $185,000 Quartershare ownership  No Realtor Fees or Commissions paid  $500 referral if you find a buyer  More Info - contact Karen Borre  karen.borre@shapeshiftersconsulting.com  952-933-5564