Turn Key Ski Home Development

Washington, DC (District of Columbia County) (Relocatable)

Seller Financing Available
Turn Key Ski Home Development
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Asking Price: $5,500,000

Cash Flow: $4,650,000

Gross Revenue: $12,150,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 2006

Turn Key Ski Home Development

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Business Description

Launched in 2006, this development started with the goal to create a high end ski development in the Mid Atlantic region.

This is an opportunity to continue development on a 100+ lot community at an established ski area. Originally valued at $40+ million by SunTrust Bank in 2006. Located adjacent to the ski area this development has real ski in and ski out potential for the entire community.

This development was re-launched in 2018 with a new brand, and new plans. Currently all lots have not been platted, and can be combined to increase lot sizes. Over 50% of the infrastructure is in, and all design, engineering, and plans are owned by the current team. A total of 14 homes have been built, and the 15th is under contract with an April 1 start date.

Finished homes range from $499,999 to $2,100,000. Being a builder would increase your profits exponentially. All the relationships are in place to complete this development. Current owner/team will stay on board to facilitate the handoff and liaison with the local community to increase project effectiveness.

This is an established business. This is neither a new franchise nor a start-up opportunity

***Please look for an email titled "Morgan & Westfield –“Turn Key Ski Home Development” after contacting us. You can access more information on this business after e-signing our Confidentiality Agreement. ***

Detailed Information

Real Estate:
Owned
Building SF:
N/A
Employees:
2
Financing:
Maybe available for qualified buyers
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Arthur Williams

Business Listed By:
Morgan & Westfield

Morgan & Westfield

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