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The Inn at Aspen #2256
| WHAT: |
The Inn at
Aspen takes turn key residence ownership to a whole new level. It’s
like having family in town. They pick you up at the airport, fix you
a hot breakfast, and even make your bed. It’s surprisingly easy to
turn this fine resort—with gracious rooms, abundant amenities,
delicious dining, friendly staff, and fantastic location—into your
Aspen home away from home.
|
| WHERE: |
At the base
of Buttermilk Ski area, with two base chairlifts right out the door
and close to summer golfing and hiking.
|
| WHY: |
It’s the
only one of its kind on the market.
|
|
NUMBERS:_______________________________________________$395,000 |
| SQ FT |
347 |
| |
SKI
ACCESS |
SKI-IN/SKI-OUT |
| BEDROOMS |
DOUBLE QUEEN |
EXTRAS |
SHUTTLE SERVICE |
| BATHS |
1 |
AMENITIES |
POOL/HOT TUB |
DETAILS
| LEGAL
DESCRIPTION: |
Unit 2256, The Inn At Aspen; Pitkin
County, Colorado |
| STREET ADDRESS: |
37850 Highway 82, #2256; Aspen, CO,
81611 |
| SQUARE
FEET: |
347 sq ft,
per assessor |
| BEDROOMS/BATHS: |
Double queen
/ 1 |
|
YEAR BUILT/REMODELED: |
Built 1969,
Remodeled 1998 |
| OCCUPANT: |
Short-term rental |
| LAUNDRY: |
Common |
| HEAT: |
Electric forced air heat & A/C |
| PARKING: |
Common |
| PROPERTY TAXES: |
$416/yr (2007) |
| HOMEOWNERS
FEES: |
$500/month |
| DISCLOSURE: |
Possible
future redevelopment, New homeowner transfer fee |
| LISTING AGENT: |
Doug Nehasil
doug@bjac.net |
| PRICE: |
$395,000 furnished |
| TERMS: |
Cash or new
loan |
|
MLS: |
#101016 |
INTERIOR
FEATURES
Fully remodeled in 1998, this contemporary style room offers both
furnishings and fixtures that are in excellent condition.
The Double Queen is currently furnished with two queen beds, although
owner may change the bed configuration to fit their personal needs and
rental goals.
A west-facing, second floor setting with views of lifts and slopes.
The air-conditioned room is located near The Inn’s top-notch amenities.
The pool and hot tub are just steps away. The Buttermilk chairlifts are
just beyond.
A rustic armoire houses a TV and DVD as well as a mini-fridge in its
central cabinet. Below, it also accommodates a suite of six drawers for
garment storage.
The seating area with a stuffed chair and ottoman 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.
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
balcony.
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 the General Manager
of The Inn at Aspen, Dan Sartain, 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 Double Queen size units (347 sq. ft.) are $432 per month and
include a substantial reserve for common area maintenance. Fees have
increased only four 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 $864 for a Double Queen.
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.

Next to Alpine Bank - PO Box 6699 - Snowmass Village, Colorado
81615
Next to Alpine Bank - 534 E.
Hopkins Ave - Aspen, Colorado
81611
Phone 970-923-2111 - Fax 970-923-2927
Contact the Broker
DISCLOSURE: Due to differences in
measurement techniques, neither the Seller nor Agent can warrant the
square footage of any structure. Agent measurements are for marketing
purposes and are not measurements for loan, valuation or any other
purpose. If exact square footage is a concern, the property should be
independently measured.
Information
deemed reliable, but not guaranteed.
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