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| Property Development |
| at Chippewa Retreat Rental Condo Investment Opportunity |
| Chippewa Retreat Resort
began in 1998 with the re-development of a portion of land which was
once known as Deer Park Lodge. Deer park Lodge existed from about 1906
to 1990 when it ceased operations and was sub-divided for a land sale.
Newcomers to the area, Glen and Toni Meyer, purchased what remained of
the original resort and renamed it Fox Point sometime during 1992. In
1998, the Meyers sold part of the resort property to CareTakers, the
parent company of Chippewa Retreat. After re-development of this
property by CareTakers, Chippewa Retreat began operations in the spring of 1999 after remodeling the 1947 vintage vertical log buildings, now know as the North and South Cabins of Chippewa Retreat. In 2000, Chippewa Retreat finished construction of The Cottage adding to its inventory of accommodations, a remodel of a duplex cabin into a beautiful and roomy 3 bedroom home. |
With what CareTakers considered a proven track record from its
success as a high end accommodations resort, in 2002 the
company purchased the remainder of Fox Point and began the
redevelopment of this property, with its new name being Chippewa
Retreat Resort & Spa. At the time of sale, little had been done
to the common areas of the property; however, between 1998 and 2002,
the Meyers started the remodeling / re-construction of two residential
units; now called the Den and the Lair, and partially
completed a third unit; now called the Nest.
property in the Northwoods, but don't want the
hassles associated with owning a private home. This investment allows
the owner to use the condominium when they want and then rent it to
others in their absence. CareTakers totally manages the marketing,
rental, maintenance, billing and fee collection for the owners so all
they have to do is enjoy their
place when they are here and accept income from any rentals when
they're not. Anyone interested in this type of investment should refer
to the Investment Page of this website by clicking on
Investment in the above main menu.
Shortly after CareTakers' purchase
of the property, common area improvements began with the renovation of
the Outdoor Pool Recreation Area, with its 20' x 60' heated pool as
well as the addition of the 
Basketball. Families staying at Chippewa Retreat never run out of
options for getting exercise and enjoying the high level of quality the
amenities of the property have to offer in addition to the traditional
offerings of the great Northwoods.