Exclusive Co-Ownership in Historic Park City High-Performing Rental

Asking PriceNot Disclosed

Gross Revenue
$310,000

Net Operating Income$200,000

FF&ENot Disclosed

Building Sq. Ft.3271

Price per Sq. Ft.Not Disclosed

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Exclusive Co-Ownership in Historic Park City High-Performing Rental


Asking PriceNot Disclosed

Gross Revenue
$310,000

Net Operating Income$200,000

FF&ENot Disclosed

Building Sq. Ft.3271

Price per Sq. Ft.Not Disclosed


Seller Financing Available
Property Description
Seize the chance to co-own a premier rental property in the historic upper Old Town of Park City. This gem is being transformed into a luxurious rental home, offering the charm of a boutique hotel with the seclusion of a private residence. A stone's throw from Main Street and ski slopes, it promises unmatched access to the town's lively atmosphere. With plans approved and construction ready to begin, anticipate a lucrative return starting Winter 2025." -
About the Property
Type
Other Business Real Estate
Building Status
Permitted
Facilities & Assets
Restored Historic House / Modern Addition - 3,200 SF
- 5 bedrooms, 5 full baths including 2 master suites.
- Lower-level en-suite lockout.
-An expansive deck offering breathtaking Old Town and mountain views, lined with trees for added privacy.
- An accessory shed building for ski preparation and an après-deck area.
- A private hot tub grotto, heated driveway, and an expansive ski prep and sauna
Location Description
This property is poised to become a premier destination for those seeking a blend of historical elegance and modern luxury in the heart of Park City. The future host of the 2034 Winter Olympics
Current and Prior Use
Currently used as a rental.
Year Built
1940
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Current Property Expenses
Pro-forma available
Listing Info
ID:
2263378
Listing Views:
1997

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Property Listed by: Andrew Cross Cross Northwest Inc.

Listing ID: 2263378 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.