I think it is really great news and a natural transition to take the Resort to the next level. The current owners would like to sell, as they wish to retire. So – it is time to find a new investor that will take us to the next level.
The existing ownership group needs to be applauded as they have invested more than $60 million in capital investments to the Resort.
They have overseen the renovation of the Alpine Lodge; construction of the Bradley Centre and Raven Lodge; the installation of all new chairlifts starting with the Sunrise Quad and including replacement of the Green, Red, Whiskey Jack and Blue chairlifts and expansion to the Outback.
A state-of-the-art sewage treatment centre was also built several years ago to handle a growing resort, and myriad other improvements and additions have been undertaken in the past 24 years.
A potential future sale of the Resort is nothing but good news for all of the stakeholders at the resort as is will let the dream of the property owners, skiers and investors of the mountain continue to the next level.
Since this is Mount Washington’s future, it is an INCREDIBLE time to invest in real estate, as investing now promises you and your family many happy years of use and enjoyment and an incredible upside investment potential. What are you waiting for?