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155 Timbers Club Court , D4-D8

Snowmass Village, CO 81615
  • $11,000,000
  • STATUS: Active
  • ON SITE: 116 Days
  • MLS #: 171433
$11,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,645
    SQFT
  • $1,140
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2004
County:

School Ratings & Info

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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© 2021 Aspen/Glenwood MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Weber Boxer Group | Douglas Elliman.

Data last updated: 2021-11-29T23:38:30.407.
www.wbaspen.com/homes/120093395
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155 Timbers Club Court , D4-D8 Snowmass Village, CO 81615

  • Price: $11,000,000
  • Status: Active
  • On Site: 116 Days
  • MLS #: 171433
0
Beds
0
Baths
0
½ Baths
N/A
Acres
9,645
SQFT
$1,140
$/SQFT
2004
Built
Neighborhood:
Timbers Club
County:
Pitkin
Area:
02-Snowmass Village
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
Exterior Features

Access Paved Construction FramePoured ConcreteStucco Extras ElevatorFire AlarmFire Sprinkler SysFurnishedGas/Log FireplaceHigh Speed AvailableKitchen AreaLandscapedLaundryManagementPoolRestroomsSauna/SteamSecurity SystemSmoke DetectorsStorage Location Amenities Corner LotGentle TopoHigh VisibilityPondStreamLakeView Parking Area 1 - 5 SpacesAssignedParking GaragePaved Roof Shake Substructure Finished Basement

Interior Features

Building Sq Ft 5001 - 10001 Heating And Cooling Central AcGasRadiant Unit Sq Ft Range 1501 - 2000

Property Features

Allowable Uses Business W/Re Amenities Bus/Shuttle ServiceClub HouseFront DeskLocker Ski - StorageOn-Site ManagementPets Allowed/Owner Auction No Condition Excellent Condominiumized Yes Current Use Tourism Disclosures 1031 ExchangeOtherRental/Deed RestrictRight Of 1st Refusal Documents On File Cc & R'sFinancialsLeases Electric Yes Expenses Include CableContingency FundGrounds MaintenanceInsuranceManagementSewerSnow RemovalTrashUnit ElectricUnit HeatWater Foreclosure No Gas Natural Gas Inventory Yes Major Area Snowmass Village Mineral Rights No Number Of Units 1 - 5 Units Occupant Multiple LeasesTenant Occupied Owner Pays Nothing Possession Subject To Lease REO No Sanitation Community Short Sale No Tax Year 2020 Taxes 33720.00 Tenant Pays Annual EscalationAssociation FeesProperty Taxes Tenant Pays1 All Expenses Terms Offered Cash Transfer Tax Yes Type Commercial Under Construction No Water Community Water Rights No Year Remodeled 2018.00 Zoning Fractional Condo

Listing provided courtesy of Aspen Snowmass Sotheby's Hyman Mall. Listing information © 2021 Aspen/Glenwood MLS. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.
© 2021 Aspen/Glenwood MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Weber Boxer Group | Douglas Elliman.

Data last updated: 2021-11-29T23:38:30.407.
 
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The Weber Boxer Group | Douglas Elliman
630 East Hyman Avenue, Suite 101
Aspen CO, 81611