The Inn at Aspen #2223

DETAILS

INTERIOR FEATURES

Fully remodeled in 1998, with further upgrades in 2006, this contemporary style room offers both furnishings and fixtures that are in excellent condition.
The Junior Suite is currently furnished with a king bed and Queen pull-out sofa.
A north-facing, second-floor setting with views of local mountains.
The air-conditioned room is located near The Inn’s top-notch amenities.
A rustic armoire houses a TV and DVD. Below, it also accommodates a suite of six drawers for garment storage.
The seating area with two stuffed chairs and ottomans set at the far end of the room creates a suite-like feel. A cozy two-seat dining table, fashionable reading lamps and curtains add to the room’s charm.
A queen sofa sleeper and coffee table allow occupants to spread out.
Carpet and soundproofing helps silence the room from its neighbors.
A five-drawer dresser is built into a nook with in-room coffee maker and space for a microwave oven.
The sliding-door wardrobe closet provides ample space for hanging your outdoor gear and is stocked with all the essentials—robes, extra linens, and ironing equipment.
A sliding glass door opens from the room’s seating area onto a private patio.
The new kitchenette includes a mini-fridge, countertop microwave, sink, and cupboards with 6-8 place settings for small get-togethers, which enhances the guests’ experience.
 

COMPLEX AMENITIES

The Inn at Aspen is the only condominium hotel at the base of Buttermilk, home of the ESPN X-Games.
A network of paved trails for hiking and biking runs right in front of The Inn, including the Owl Creek trail, which connects Aspen to Snowmass Village.
During the summer, The Inn at Aspen offers easy access to the nearby Aspen Public Golf Course.
The simplicty of a single payment for association dues and utilities, including electric, cable and heat.
A full service restaurant and bar stands just off the lobby, dishing-up hot breakfast, lunch and dinner during the ski season.
On-site laundry facilities (as well as valet service) are available for owners and guests.
Stay connected. High-speed Internet access reaches every room as well as the common areas.
Shuttle service is available to Aspen or any of the local ski areas and to the Aspen Airport.
In addition to the outdoor heated pool and hot tub, The Inn also boasts fitness facility with weight and exercise equipment as well as a steam room.
The Inn offers concierge, convention and catering staff, and twenty-four hour front desk and on-site management.
Multiple conference rooms.
The common areas are managed by ResortQuest, one of the nation’s most renowned hospitality companies, hired by the Condominium Association Board of Managers.
Condominium owners may either contract individually with ResortQuest for on-site rental management, or they may use any other property management companies in the Aspen area for rental services. Further questions regarding rentals and management can be directed to Dan Sartain, the General Manager of The Inn at Aspen, at (970) 925-1500.
ResortQuest offers an all-inclusive rental management agreement that provides for housekeeping, maintenance, an aggressive marketing program and many other guest services. ResortQuest provides a 50/50 revenue split and has generated between 120 to 200 nights of rental occupancy per year for the last six years. The annual marketing budget for the Inn is $350,000 and is focused primarily on the conference market and the vacation visitor. Each owner receives the rental revenue derived from his/her unit. Revenue is not pooled with other unit owners. There are owner incentives for referred business through commissions and larger percentages of revenue split.
Ski to the lobby—less than 100 ft from lift.
 

DISCLOSURES

The Inn at Aspen condominium owners are billed monthly by the condominium association for association fees and utilities. The total monthly fees for the Junior Suite size units (435 sq. ft.) are $616 per month and include a substantial reserve for common area maintenance. Fees have increased only five times in the past 20 years of operation and the association’s reserve accounts now total over $200,000, more than enough to insure that the common areas are maintained in a first-class condition. *All Buyers pay a nonrefundable new homeowner transfer fee equivalent to two months dues to the Inn at Aspen Homeowners Association at closing. This amount is currently $1,212 for a Junior Suite.
The Declaration of Condominium for the Inn prohibits unit owners from withholding their units from the rental market. Owner’s usage is restricted to 28 consecutive days or 42 total days during “High” season. There are no other occupancy restrictions during the balance of the year.
In addition to the monthly association fees, unit owners are responsible for real estate taxes and personal property taxes on the unit, which are approximately $380-$415 for a standard unit and $505 for an executive unit annually. The only other operating costs for the unit owners are unit renovation assessments and personal liability and content insurance, which is available for approximately $500 per year.