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Private syndicates 29 Feb 2012 | 4:26 pm
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Fractional Share, ski in/ski out and golfing lodge, Biwabik, Minnesota
Username   adamsatwork
Age of sharer 30-something
From Minneapolis, MN, USA
Wants to share Fractional Ownership - USA
My Lodge at Giants Ridge condo is a ski in/ski out lodge adjacent to two award-winning nationally ranked golf courses. I own two units and would like to sell up to four fractional pieces or share a partnership with someone who would like to share revenue on the ski slope view/jacuzzi one bdm unit.

I can sell 4 11-week shares at $49,000 USD w/business partners(and or sold on the market publicly for $59,000 USD) and is rented out just like a hotel, so I get rental income when not in use.

Most important: This just got put into the RCI pool, so all weeks can be exchanged at the Gold Crown Level to any other resort in the program. This property is priced much less than other places but exchanged at the same level.

This is situated on property maintained by the State of Minnesota, so the lodge itself is not charging owners for groundkeeping.

Aveda spa, banquest facilities, indoor pool, nature trails and a restaurant managed by Troon comprise the property features. Golf, ski, biking, geocaching and many activities are nearby. Or, use your weeks and go elsewhere easily!

I know the property management team and other owners personally and they are great "Minnesota Nice" folks. This is one of the best known resorts in the Upper Midwest - I love owning here. With a few other owners, I'd love to make some special improvements to make it the most desirable unit in the resort!
Located in.. United States of America,  Biwabik (Duluth area) Tooltip
Approx total value of asset USD 180000 Tooltip
The ideal sharing agreement is...
Sharing agreement required Joint ownership Tooltip
Share available or share wanted Share available Tooltip
Usage of the shared asset Variable - agreed in advance Tooltip
Number of sharers up to 4 Tooltip
Price of share or max investment available USD 49999 Tooltip
About the member advertising
Private/Agent Private advertiser Tooltip
View on smoking No smokers
View on children Children welcome
View on pets No pets
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Ad posted  20/01/2011
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