Alpine Mountain

[toast21602]

http://www.lehighvalleylive.com/news/index.ssf/2017/05/a_shuttered_poconos_ski_resort.html

 

 

For $412,500, you could buy one of the nicer homes on about an acre of land in Palmer Township.

Or you could do what a Monroe County couple just did - buy a mountain.

On Monday, Jim and Linda Schlier closed on the purchase of the former Alpine Mountain ski resort in Price Township, according to Michael Baxter Jr., commercial adviser with real-estate firm Michael Baxter and Associates in Stroudsburg.  

This past winter was the first in more than 40 years that Alpine Mountain didn't open for skiing. The 97-acre property went on the market last fall.

The Schliers, who own several businesses in the Poconos including a towing company, expressed interest about a month ago. Baxter's firm brokered the deal between them and previous owner Mountain Ski Resorts and Gold Inc.

Baxter said the previous owner was "kind of just looking to go in a different direction" after a couple of bad winters.

The new owners also want to go in a different direction; they do not intend to bring back skiing, but have some ideas for the site, Baxter said.

Jim Schlier told The Pocono Record that the couple wants to turn it into a destination resort and sell off two of the three ski lifts on the property.

Baxter said he is confident whatever the couple does on the property will be a success given their track record of running businesses in the Poconos. They also own a local Harley-Davidson dealership. 

[theprogram4]

just what the Poconos needs, another destination resort lol

[JFskiDan]

Thats fucking awesome.  The lodge looks to be in decent shape.  And it comes with all those awesome skis????  Who wouldnt like a full size bar in their house?

 

I would turn the lodge into a house, with like a 10 car garage.  

 

2 questions.  Did they assume any debt with it, and what are the taxes on the property.  Maybe GSS could use his unlimited data to find out.  

[skifreak]

Here's another article from Morning Call

 

http://www.mcall.com/business/realestate/mc-poconos-ski-resort-bargain-price-20170526-story.html

[JFskiDan]

so, following the instructions set forth on the Monroe County Tax Assessors page, i come up with $5400 in taxes a year.  Pretty big piece of property for taxes that low, but i guess most of the land is really "undeveloped".  There is of course, the chance the property gets reassessed after the purchase, thats common in Carbon County.  That property was a steal, even if they do nothing with it.