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450 Terrace Drive

Snowmass village, Colorado 81615

A new construction for the most part. The home and lot acquired for $1.35MM eight hundred and fifty thousand dollar remodel. Need additional $500,000 for remodel. Value supported up to $5 million easily and likely a presale. The engineering is just completed along with the design it increased our budget....this was decided due to the value of the improvements building to maximize equity on a lot this size in this area! A loan in place on the deed of trust, but need additional one hundred and fifty thousand dollars Valuation is conservative to four million and up to five million. Already purchased looking for additional funding as a JV or ownership in the LLC with the promissory and ownership documentation can crowdfund if someone wants to put in $10,000 I could do 15 people or we could piece it out $50,000 here $20,000 there There are huge gains in this market could not be better since we have $1 billion development on the new ski area and Aspen just bought half of the ski areas in the western hemisphere we're almost half!!! Willing to share a minimum interest of 12 to 15% plus profit share. Lender paid first on their principal with their interest in profit share disbursed according to capital in overall percentage bac lender paid first on their principal with their interest in profit share disbursed according to capital provided. Please call me 303-332-9791 I have about 600 million and current development projects going on including affordable housing which is on double your money deal in 3 year turn Todd Proffit-970-901-5046 AspenDevelopmentCorporation.com

Property Info

Beds 6
Baths 7
Sqft (Living) 4885 sq ft.
Sqft (Lot) 1.33 acre sq ft.
Year Built 2017
Deal Type Retail
Property Type Single Family
ARV $5,000,000
Building Frame Construction

Location