Steamboat Highmark to Auction Off Luxury Condos
The Steamboat Springs Highmark, a newer walk-to-ski development across from the new One Steamboat Place and Market on the Mountain, will auction off 15 luxury condominiums on March 12th. One Highmark condo will be sold without a reserve (most likely one on the second floor with limited views), meaning the highest bidder–whatever the price–will own the condo.
In addition, one of the top floor Highmark penthouses is bank-owned and for sale for less than half the original purchase price of $3.2M. The sale of this condo is unrelated to the auction and could be a very good opportunity for a buyer. This condo is beautifully decorated with views to the south.
Click here for link to the auction house.
Although The Highmark has had its ups and downs, I toured this property with prospective buyers this week and was rather impressed. Depending on how low the reserve price is set, these could be a good buy. The Highmark is a quick walk to the mountain and it has good rental potential.
Call 970.819.6372 for more information.
Posted: January 23rd, 2010 under Real Estate.
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