This week’s ‘ Park City Deal of the Week’ is right in our own backyard here at Mountain Home Real Estate Company. The Newpark Hotel was built in 2007. This project offers numerous amenities such front desk, pool, fitness center, shopping, restaurants, bowling, and movies. Located within minutes of all three ski resorts Newpark Hotel has been a favorite of many since its completion.
The Newpark Hotel is currently selling at over 60% off peak pricing. Units sold over $600K and now are selling below $300K. On top of that rentals are great with this building. Contact us for specific rental history on specific units. Rents as of late have been covering HOA dues and taxes plus spinning off 4% on your money!
An example of a Newpark hotel unit is #416, to view pictures and details on Unit #416 click here.
For more information on this great offering contact us today!
To learn more about the Kimball Junction real estate community see below:
Kimball Junction & Newpark are often referred to as the Gateway to Park City. This community provides a convenient location to a variety of stores and restaurants. Combine with quick access to all three of Park City’s world class ski areas and Kimball Junction is quickly becoming a Park City real estate favorite. The Kimball Junction real estate community provides hiking, biking and cross country ski trails right out your door. The Swaner Nature Preserve is an outdoor enthusiasts dream, wildlife often frequents this large designated open space.
Newpark and Redstone communities offer shopping, restaurants, movies, bowling, and great apres ski bars. Jupiter Bowl, a new favorite in Newpark Town Center, is quickly becoming THE family apres ski destination. Newpark Town Center also has free concerts every Thursday night during the summer months that pack the village with both local families and visitors.
Kimball Junction real estate offers a mix of single family homes, condominiums, and town homes. Pricing can start as low as $100K for condos in the Powderwood complex and range above $500K in some of the single family home communities.
All information is deemed reliable but not guaranteed.