$11,000,000

155 Timbers Club Court D4-d8

Snowmass Village CO, 81615

Description

The owner of five (5) Timbers Club condominiums (40 fractional interests) is selling the rights and real properties as a bulk acquisition. The Timbers Club is a five-star Private Residence Club with a consistent record of resales. The five units are leased currently to an elite vacation club, on a staggered basis with the leases expiring between 2027 and 2030. Exclusive Resorts pays all assessments and real estate taxes. There have been 5 extensions of the leases since 2007. Upon expiration of each lease, which is one unit each year from June 2027 through June 2029 and two in 2030, each unit of eight (8) fractional interests must be sold and returned/integrated with the Timbers Club overall membership. THE HOA BOARD OF MANAGERS MUST APPROVE PURCHASER

Details

MLS#171433
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2004
Days On Site115

Features

SQ Feet9,645
ZoningFractional Condo
Amy Feldman LogoMLS Number: 171433
Listing Provided By:
Amy Feldman  of  Aspen Snowmass Sothebys Hyman Mall
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Area Information
StateCO
CountyPitkin
CitySnowmass Village
Zip Code81615
AreaSnowmass Village
Listing VS Median (in 81615)
Price:
$11,000,000
low | high
Med:
$699,000
100% of Average
SqFt:
9,645
low | high
Med:
654
100% of Average
$ / SqFt:
$1,140
low | high
Med:
$1,069
56.285029190992% of Average
On Site:
115
low | high
Med:
24
100% of Average
Sourced by Back At You
Listing Updated: November 28, 2021 8:03:49 PM PST

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