Crap - Mountain Buzz
 



Reply
 
Thread Tools Display Modes
 
Old 10-14-2005   #1
 
whip's Avatar
 
Salida, Colorado
Join Date: Oct 2003
Posts: 570
Crap

One of the last great small resorts is on the chop block.
http://www.aspendailynews.com/

__________________
No amount of money is worth your free time!
whip is online now   Reply With Quote
Sponsored Links
Advertisement
 
Old 10-14-2005   #2
 
whip's Avatar
 
Salida, Colorado
Join Date: Oct 2003
Posts: 570
OK

Better link:

http://www.postindependent.com/artic...NEWS/110140038
__________________
No amount of money is worth your free time!
whip is online now   Reply With Quote
Old 10-18-2005   #3
 
construction
Join Date: May 2005
Posts: 49
OK!!! All we need is 50 million. Any takers for a great little mountain. maybe the city of Glenwood Springs. Just a thought. It doesn't suck yet - but it will when it's bought by some out of state stooge or mega -resort. Then that is when the free parking disapears forever and you begin the long bus rides to the base (beaver creek, vail).
crap anyway!!!
MPEARSON is offline   Reply With Quote
Sponsored Links
Advertisement
 
Old 10-18-2005   #4
 
WhiteLightning's Avatar
 
Eagle County, Colorado
Paddling Since: 2002
Join Date: Apr 2004
Posts: 971
I know (a little) about this stuff, and $50m sounds like they are off their rocker on the price unless there is something I am missing.

Ride busses to the base of Vail? I wish, I have to park out of town, ride the bus to the edge of the village, then slog through town to the lifts. Or you pay like $20 and park and slog through the village. I know, it isn't that far, but in ski boots, and for $20 it is!!!!
WhiteLightning is offline   Reply With Quote
Old 10-18-2005   #5
 
whip's Avatar
 
Salida, Colorado
Join Date: Oct 2003
Posts: 570
Well

lets see...a second mtn just west of the area, Williams Peak, which is great backcountry skiing, preexisting in the forest service lease. 400 acres of prime residential/commercial private property that fronts the 2 mtns. So 1 acre=$125,000! Who here would pay $125,000 for an acre at
the bottom of a great little ski hill? OK now build a 10-20 unit condo there.
Would it do any good to plead'" Don't Californicate Colorado?"
__________________
No amount of money is worth your free time!
whip is online now   Reply With Quote
Old 10-18-2005   #6
Mut
 
GWS, Colorado
Paddling Since: 1992
Join Date: Dec 2004
Posts: 494
I agree that 50mil sounds high. I also agree with whip that it is a nice area.

However, I do not see this as the next aspen or vasil. Although, if someone does pay 50mil it will in effect force lots to be expensive and as a result force many people who enjoy the area now to not be able to for much longer.

The paper said the resort was worth 6-9 mil. that is 41-44 mil for the 400 acres. That is 90-100k per acre. This price does not include any on-sight or off-sight improvements, which could easily be another 20-30 million, Add new lifts and more staff and the margins start to get small. Further, all 400 acres might not be developable. Then take into consideration the risk, especially in light of predictions of recession or depression and the deal starts to look worse at 50 million.

I bet it goes around 20mil.
Mut is offline   Reply With Quote
Old 10-19-2005   #7
 
Duhrango
Join Date: Oct 2003
Posts: 480
I'll win the lottery tonight and offer them 25M and see if they take it.
__________________
Like it or not, all of us are the result of a sexual act.
Geezer is offline   Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Topic Thread Starter Forum Replies Last Post
"Higher Ground"...$16 of Crap mescalimick Winter Buzz 10 10-21-2005 09:15 PM

» Classified Ads
Powered by vBadvanced CMPS v3.2.3

All times are GMT -6. The time now is 09:18 AM.


Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2020 DragonByte Technologies Ltd.