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3855 Grand Summit Drive Unit 127/129/131 Q1, Park City, UT 84098

$389,999
2 Beds
3 Bath
0 Acre

Property Description

Grand Summit ownership of one week per month (13 weeks per year) for 2BR/3BA ‘triple’ lockout ski-in, ski-out condo at the base of the Bubble Chair Canyons Village. Yes, as owner you have access to underground unassigned parking, and a locker! Revenue for 2024 for all four quarter is $75,991, while expenses are $33,417 so truly it pays for itself (note these numbers must be divided by four as only Q1 is sold, not all four quarters). Completely turnkey, owners benefit from receiving income when owner is not using the unit. The Grand Summit Hotel is the best locations in the Canyons Village with easy access to outdoor activities as well as countless amenities onsite: heated pool and hot tub, full service spa with sauna and steam room, childcare center, restaurants, ski/golf bag storage, fitness center, cafe/store, shuttle service, and a 24 hour front desk with valet. Whether you are skiing in the winter or mountain biking/golfing the summer, the Grand Summit Hotel is just a short walk to shops, restaurants, live music, and other year-round entertainment. Photos are of unit one level up from property for sale. Buyer to pay 2% CVMA fee.

BEDROOMS
2
BATHROOMS
3
PROPERTY TYPE
Business Opportunity
YEAR BUILT
2000
SUB-DIVISION
Grand Summit Hotel
ACRES
0
MLS
#12501001

ABOUT 3855 Grand Summit Drive Unit 127/129/131 Q1:

Listing Details
Business Opportunity
For Sale
$389,999
2
3
0 Acre
2000
Complete
Property Information
2
: Forced Air, Fireplace(s)
: Central Air
Mountain(s),See Remarks
: Fire Sprinklers, Ceiling(s) - 9 Ft Plus, Furnished - Fully, Granite Counters, Lock-Out
: Landscaped - Fully, Balcony
: See Remarks
: Underground
Public
: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available, See Remarks
Location
3855
Grand Summit
Grand Summit Hotel
: Year Round
127/129/131 Q1
10 - Canyons Village
Grand Summit Hotel
Park City
84098
UT
Summit
Amenities
: Elevator(s), Ski Storage, Pool, Management, Fitness Room, Fire Sprinklers, Steam Room, Sauna, Shuttle Service, See Remarks, Laundry, Pets Not Allowed, Spa/Hot Tub
HOA & Taxes
$557
Quarterly
$1,961
Yes
School District
Park City
Additional Information
Pending
8
No
No
: Cash, Conventional, 1031 Exchange
KW Park City Keller Williams Real Estate
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Annett Blankenship & Drew Via
The Park City Investor Team
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