Tuesday, March 04, 2008

Heart of Vail: Willow Bridge Fractionals

Real estate market woes? What woes, says Vail, Colorado, which is in the midst of a building boom. Among the new properties coming on stream: fractionals at One Willow Bridge Road beside Gore Creek in the heart of town, where 1/7th interests are available in a 2-BR unit, priced at $650,000, and in 3-BR units for $850,000. Sound like mucho dinero? Not when you consider that whole ownerships were priced starting at $3.6-million and that it will be managed by the well-known Sonnenalp Resort. There will be access to the Sonnenalp, which is a block away. So far, says a spokesman, 72 percent of buyers are from the East Coast. Note that there is a similarly named development even closer to the ski lifts called Willows of Vail, which is not quite finished yet.

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