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Ski Snowboard Resort And Development For Sale
Location: United States -> New York -> Upstate New York -> Hunter
Industry: Real Estate > Other Real Estate




Business Summary

Our project, Cortina Mountain, is 2 hours from the center of New York City, the most exciting city in the world and surrounded by a population of 20 Million. Cortina is located just four miles from the premiere ski resort of NY State, Hunter Mountain as well as ten minutes away from Windham Mountain.

MOUNTAIN STATISTICS
Base Elevation: 1,925 ft (587 m)
Summit Elevation: 2,650 ft (808 m)
Vertical Drop: 725 ft (221 m)
Skiable Area: 87 acres (35 hectares)
Annual Snowfall: 100 in (254 cm)
Longest Run: 5,280 ft (1,609 m)
Snowmaking: 100 %
Number of Lifts: 4
Uphill Lift Capacity: 2,200 per hour
Types of Lifts: 1 Poma Lift
1 Pony Lift
2 double chair
Number of Trails: 18

Cortina is made up of two parcels of land. One is a 40 year old 200+ acre ski resort know as Cortina Valley. We have chosen not to operate the resort at this time. We didn't want to have a false start. Only the bar and restaurant are operating to cover some of our minor expenses.

Our venture is at the point where we need to partner with a resort developer that shares our vision. We will continue to be principals in the project and see our vision come to reality. The perfect partner would have a resort/hotel development background. Cortina will be a year round destination location.

The second parcel is 178 acres, that when acquired had approvals for a forty lot subdivision. We have spent the past four years creating a new plan; we are through our SEQRA review and have received preliminary plot plan approval for 92 single family units.

Cortina will be a fantastic investment and bring joy to a great number of people. We look forward to discussing this project further.

Contact David Baker at 732-222-3553 for more information on this Ski Snowboard Resort And Development for sale.


Financials

Asking Price Range:  $10.0M - $20.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2003
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned

About The Sale

Reason For Selling:  Seeking investor / partner / developer or operator.

Photos

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Ski Snowboard Resort And Development For Sale Photo 1 Ski Snowboard Resort And Development For Sale Photo 2 Ski Snowboard Resort And Development For Sale Photo 3




Print Listing Id: 700133276
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