For those of you who missed out on the first auction of some of the condos in Trailhead Lodge at Wildhorse Marketplace, you have another opportunity. On December 15th, there will be another auction held in Steamboat and Denver to try to sell 30 more of the condos most of which are studios up to 2 bedrooms.
The Steamboat Pilot writes, “The original auction, held at a downtown Denver hotel, identified 24 winning bidders for Trailhead units with an aggregate value of $9.17 million. Records on file at Routt County reflect that during one week in early June, 14 sales of Trailhead condos closed with a combined value of $6.01 million. – The sales sheet published by Kennedy Wilson reflects that the minimum bid price, not necessarily the reserve price, has been lowered about 10 percent. For example, at the low end, bids for studio units will begin at $95,000 compared to $110.000 in advance of the first auction. The three-bedroom condos were gobbled up at the last auction, but a selection of furnished one-bedroom, two-bedroom and two-bedroom plus den condos remain.”
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