155 Timbers Club Court, D4-D8

Snowmass Village, CO 81615

$11,000,000
Commercial / Office

AGENTS

Douglas Elliman
Douglas Elliman

Property 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
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PROPERTY DETAILS

  • Property Type
    Commercial / Office
  • MONTHLY REAL ESTATE TAX
    $2,810
  • ANNUAL REAL ESTATE TAX
    $33,720
  • MLS/Listing ID
    171433
Listing Courtesy of Aspen Snowmass Sotheby's International Realty-Hyman Mall

LOCATION

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TRAVEL TIMEFROMSnowmass Village
TYPE OF TRANSPORTATION