Attorney Accommodations Condo Search

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Attorney Accommodations Condo Search

Preparedfor Rick Nemeroff May 5th , 2024 Debbie Sexton, REALTOR®, SRS, CNE GenuineStyle.RealResults. Keller Williams Park City Real Estate 1750 Sun Peak Drive │Park City, UT 84098 Debbie cell: 435.901.4065 │ HomeInParkCity.com

Area: 14 - Kimball

Subdivision: Fox PointAt Redstone

Residential; Stacked/Multi-Level MLS# 12401531

Area: 11 - Sun Peak/Bear Hollow

Area: 14 - Kimball

Subdivision: Fox PointAt Redstone Active Residential; Townhouse MLS# 12400147

Area: 14 - Kimball Subdivision: Newpark Terrace

Residential; Townhouse

12401116 6169 Park Lane Unit 1, Park City, UT, 84098-2018

Area: 14 - Kimball Subdivision: Newpark Resort Residences

Information is deemed to be reliable, but is not guaranteed. © 2024 MLS and FBS. Prepared by Debbie Sexton on Thursday, May 02, 2024 3:02 PM. The information on this sheet has been made available by the MLS and may not be the listing of the provider

Active
1526
RedstoneAvenue F, Park City, UT, 84098
DOM/CDOM:
Tour Detail- Public
Total Bathrooms: 2 (2) Total Fireplaces: Garage Spaces: 1 ApxYear Built: 2005 Apx SqFt Total: 1,330 Apx Lot Size (SqFt): 1,258 ApxAcres: 0 03 Tax ID:
Apx SqFt Finished: 1,330 School District: Park City HOADues:Yes $423 2 Monthly
W
$845,000
2
In-Person Public Open House 05/02/2024 1:00 PM to 4:00 PM Total Bedrooms: 3
Fprv-14-F
Active
5501 N Lillehammer Lane 4303, Park City, UT, 84098 $850,000 DOM/CDOM: 38 Tour Detail- Public Total Bedrooms: 3 Total Bathrooms: 2 (2) Total Fireplaces: 1 Garage Spaces: 4 ApxYear Built: 2007 Apx SqFt Total: 1,328 Apx Lot Size (SqFt): ApxAcres: 0 Tax
Apx
School District: Park City HOADues:Yes $564 Monthly
Subdivision: LodgesAt Bear Hollow Village
Residential; Stacked/Multi-Level MLS# 12401024
ID: Lbhv-Iii-4303
SqFt Finished: 1,328
6042 N Fox Point Circle C1, Park City, UT, 84060 $1,175,000 DOM/CDOM: 108 Tour Detail- Public Total Bedrooms:
Total Bathrooms: 3 (2/1) Total Fireplaces: 1 Garage Spaces: 2 ApxYear Built: 2003 Apx SqFt Total: 1,467 Apx Lot Size (SqFt): ApxAcres: 0 01 Tax ID: Fprv-31-C-1 Apx SqFt Finished: 1,467 School District: Park City HOADues:
Monthly
3
Yes $452
Active
$1,295,000
3 Total Bathrooms: 3 (1/1/1) Total Fireplaces: 1 Garage Spaces: 1 ApxYear Built: 2015 Apx SqFt Total: 1,397 Apx Lot Size (SqFt): 1,397 ApxAcres: 0 03 Tax
Apx
School District:
City HOADues:
MLS#
DOM/CDOM: 31 Tour Detail- Public Total Bedrooms:
ID: Npterr-1-Am
SqFt Finished: 1,397
Park
Yes $1,540 Quarterly
Active
Total
ApxYear
Apx
Apx Lot Size (SqFt): ApxAcres:
Tax
School District:
Residential; Townhouse MLS# 12400539 6048 S Park Lane Lane Unit 67, Park City, UT, 840982020 $1,450,000 DOM/CDOM: 77 Tour Detail- Public Total Bedrooms: 2 Total Bathrooms: 3 (2/1)
Fireplaces: 1 Garage Spaces: 1
Built: 2005
SqFt Total: 1,450
0 04
ID: Npkth-3-67 Apx SqFt Finished: 1,450
Park City HOADues:Yes $1,450 Quarterly

Area: 10 - Canyons Village

Subdivision: Blackstone Flats

Active Residential; Stacked/Multi-Level

MLS# 12401229

Total Bedrooms: 2

3703 Blackstone Drive 212, Park City, UT, 840982022

Total Bathrooms: 3 (2/1)

Total Fireplaces: 3

$1,525,000 DOM/CDOM: 24

Tour Detail- Public

Garage Spaces: 1

ApxYear Built: 2019 Apx SqFt Total: 1,160 Apx Lot Size (SqFt): ApxAcres: 0 01

Tax ID: Blksfc-212 Apx SqFt Finished: 1,160

School District: Park City HOADues:Yes $613 Monthly

Information is deemed to be reliable, but is not guaranteed. © 2024 MLS and FBS. Prepared by Debbie Sexton on Thursday, May 02, 2024 3:02 PM. The information on this sheet has been made available by the MLS and may not be the listing of the provider

Listings as of 05/02/24 at 2:27 PM

Property type Residential; Status of 'Active','Accepting Backup Offers','Active Reservation','Short Sale','Time Clause','Short Sale Under Review'; Type of 'Condominium';Area of '10 - Canyons Village', '11 - Sun Peak/Bear Hollow', '14 - Kimball'; List Price between 0 and 1625000;Total Bedrooms between 2 and 99;Total Bathrooms between 2 and 9999;Apx SqFtTotal between 0 and 9999999; GarageType of Garage Spaces between 1 and 99999999999999999999; Nightly RentalAllowed of 'Yes' (Selected Listings Only) Active Properties

Residential CMA
MLS # Address Subdivision Year Built Status Change HOA Dues Total Beds Total Bath Apx SqFt Finished LP/SqFt List Price Original List Price CDOM/DOM 12401531 1526 W Redstone Avenue F Fox PointAt Redstone 2005 04/30/2024 $423 3 2 1,330 $635 845,000 $845,000 2/2 12401024 5501 N Lillehammer Lane 4303 LodgesAt Bear Hollow Village 2007 03/25/2024 $564 3 2 1,328 $640 850,000 $850,000 38/38 12400147 6042 N Fox Point Circle C1 Fox PointAt Redstone 2003 01/15/2024 $452 3 3 1,467 $801 1,175,000 $1,450,000 108/108 12401116 6169 Park Lane Unit 1 NewparkTerrace 2015 04/01/2024 $1,540 3 3 1,397 $927 1,295,000 $1,295,000 31/31 12400539 6048 S Park Lane Lane Unit 67 Newpark Resort Residences 2005 04/19/2024 $1,450 2 3 1,450 $1,000 1,450,000 $1,550,000 77/77 12401229 3703 Blackstone Drive 212 Blackstone Flats 2019 04/08/2024 $613 2 3 1,160 $1,315 1,525,000 $1,525,000 24/24 Total # of Listings 6 Average Min Max Median $840 $423 $1,540 $589 2 67 2 3 3 2 67 2 3 3 1,355 33 1,160 1,467 1,363 5 $886 $635 $1,315 $864 1,190,000 845,000 1,525,000 1,235,000 $1,252,500 $845,000 $1,550,000 $1,372,500 2/2 108/108 34 5/34 5 Property Type Count 6 Averages Sqft: 1,355 $/Sqft: 886 33 DOM/CDOM: 47/47 Original List Price: 1,252,500 List Price: 1,190,000 * Price statistics for closed listings based on sold price All other statuses andTotals based on current list price Information is deemed to be reliable, but is not guaranteed. © 2024 MLS and FBS. Prepared by Debbie Sexton on Thursday, May 02, 2024 2:27 PM.

Highlights

Type: Condominium

Sub-Type: Stacked/Multi-Level

Total Bedrooms: 3

Total Baths: 2

Full Baths: 2

>

ApxYear Built: 2005

Construction New: No

Accessory Dwelling Unit

Y/N: No

1526 W Redstone

Avenue, Unit #: F Park City, UT 84098 Active

MLS#: 12401531

County: Summit

DOM/CDOM: 2

List Price: $845,000

Original List Price: $845,000

Size and Costs

LP$/SqFt: $635

Apx SqFt Total: 1,330

Apx SqFt Finished: 1,330

Apx SqFt Garage: Source of Garage Measurements:

Apx Lot Size (SqFt): 1,258

ApxAcres: 0 03

Location and Vicinity

GeographicArea: Park City

MajorArea: Snyderville Basin Area: 14 - Kimball

Subdivision: Fox PointAt Redstone School District: Park City Access: Year Round Road Frontage Type: Public Road Surface Type: Paved

Source of Lot Measurements: Public Records

Tax ID: Fprv-14-F

Apx Taxes: $4,519 HOADues: Yes $423 Monthly

Property Description

Interior:

Fireplaces: Gas

Appliances: Dishwasher; Disposal; Dryer; Gas Range; Microwave; Refrigerator; Washer

Equipment: Appliances; Fire Pressure System; Garage Door Opener; Thermostat - Programmable; Water Heater - Gas DiningArea: Breakfast Bar; Semi-Formal Dining Disability Features: Mother-in-LawApartment: ApxYear Remodeled:

Legal Description:Bldg 14 Unit F Fox PointAt Redstone Village Condominium; AccordingToThe Official Plat On File InThe Summit County Recorders Office Cont 1258 Sq FtTogether WithAn Und 0 45% Int InThe CommonArea 17381132 1742-878 1745-1672 2242-938-1009 2271-1488 2483-768

Exterior - Utilities - Miscellaneous:

Property Description: Corner Lot; Level; PUD - Planned Unit Development Views: Mountain(s)

Exterior:HardiPlankType; Stone Style: Mountain Contemporary; Single Level Unit Roof: Asphalt; Shingle

RanchAmenities:

Environmental Certificate: None

Utilities: CableAvailable; Electricity Connected; High Speed InternetAvailable; Natural Gas Connected Water: Public

Sewage: Public Sewer

Other Structures: Land Leases:

Fencing:

Farm Equipment: Livestock: Ranch Fees:

Growing Crops: Water Irrigation Info:

Features andAmenities:

Exterior Features: Deck(s); Landscaped - Fully; Lawn Sprinkler - Full

CommonAreaAmenities: PetsAllowed w/Restrictions

Ski ResortAccess:

RecreationAccess: Hike/BikeTrail -Adjoining Project

Infrastructure:

Flooring: Tile; Wood Basement: Foundation:Slab

Heating: ForcedAir; Natural Gas

Cooling: CentralAir

Garage Type: Garage Spaces: 1;Attached; See Remarks Other Park Type: Off Street - Unassigned

Parking Spaces Covered:1 Construction:Frame -Timber PC Soil Ordinance: Certificate of Compliance: Water Irrigation Info:

Tax/Financial Info:

Apx Taxes: 4,518 61 TaxYear: 2023

Assessments

YesBuyer Pays:Yes

Change of Ownership Fee - Buyer Pays:Yes

Buyer Fee Amount: 0 5%

Association Fees Included: ComAreaTaxes; Insurance; Maintenance Exterior; Maintenance Grounds; Reserve/Contingency Fund; Sewer; Snow Removal; Water Terms Offered: Cash; Conventional

Special Seller Circumstances:

Long Term RentalAllowed:Yes

Nightly RentalAllowed:: Yes

Minimum Number of Days for Nightly Rental: 1

ApxAverage Monthly Utility Cost: PotentialApartment: HOADues: Yes $423 Monthly

MembershipAmenities: MembershipAvailable: No

Interior Features:Ceiling Fan(s); Ceiling(s) - 9 Ft Plus; Double Vanity; Electric Dryer Hookup; Fire Sprinklers; Furnished - Fully; Granite Counters; Jetted Bath Tub(s); Storage; Vaulted Ceiling(s); Washer Hookup

Top-Floor Corner
Bedroom Residence With New Paint, New Wood Floors & New Furniture!
Agent Full Public
3
Residential
5/2/24, 2:27 PM flexmls Web

Remarks - Public Headline:Top-Floor Corner 3 Bedroom Residence With New Paint, New Wood Floors & New Furniture!

Remarks - Public: Hurry!This top-floor, corner-location 3 BR Fox Pointe at Redstone condo won't last long Recently upgraded with new paint, new wood floors throughout the main living area and all three bedrooms, plus new furniture and appliances You will love the supreme convenience of this this condo that's easily walkable to all of Redstone's amenities—restaurants, shopping, grocery, ice cream, theatre, and liquor store, not to mention easy access to trails and the fabulous Swaner Nature Preserve The light, bright open floor plan boasts multiple locked owners closets and an over-sized attached one-car garage The covered deck is large enough for a bbq and small/table chairs and enjoys views of Utah Olympic Park Nightly rentals and pets are allowed (with restrictions) Location is stellar--a quick 10 minutes into Park City proper and just 25 mins to Salt Lake City and the airport Sq ft source is Developer's Recorded Plat

Showing Instructions:

HOAContact: Allyson Dickey

HOAContact Phone: 435-731-4095

HOAWebsite: foxpointatredstone com

Listing Information:

Date Listing Effective: 04/30/2024

Status Change Date: 04/30/2024

Sold Information:

Sold Date:

Sold Price:

Sold Price/SqFt: SP/LPRatio:

Special Seller Circumstances:

Listing courtesy of:

Debbie Sexton

KW Park City Keller Williams Real Estate

435-901-4065

debbie@homeinparkcitycom

License #: 6238051-SA00

Information is deemed to be reliable, but is not guaranteed. © 2024 MLS and FBS. Prepared by Debbie Sexton on Thursday, May 02, 2024 2:27 PM. The information on this sheet has been made available by the MLS and may not be the listing of the provider. BrokerAttribution: erik@parkcityrealestateguide.com

Mstr Bed Other Beds Full Bth 3/4 Bth Half Bth Kitchen Great Rm Family Dining Loft Stdy/Ofc/Den Laundry Media Fireplaces Upr Lvl 2 Upr Lvl 1 Main Lvl 1 2 2 1 1 1 1 1 Lwr Lvl
Lwr Lvl
Totals 1 2 2 1 1 1 1 1
1
2
5/2/24, 2:27 PM flexmls Web

Prepared by: Jim Anderson – Director, Business Development and Rashelle Sargent – Business Development Manager

Park City Rental Properties, locally owned and operated since 1999 435-631-9919, 314 Main Street, Suite 201 & 202, pm@parkcityvacationrentals.com, www.parkcityvacationrentals.com

This analysis was created on 4/30/2024. The vacation rental market is constantly changing; if 60 days have passed since this date, please contact us for an updated analysis.

Rental Performance Analysis: 1526 Redstone Ave #14F

Dec 16 - Dec 25, Jan 12 - Jan 16 , and Feb 15 - Feb 25

Years Dec 26 - Jan 2

Ski Jan 29 - Feb 15 and Feb 26 - Mar 31

Nov 25 - Dec 15, Jan 3 - Jan 11, Jan 17 - Jan 28, and

1 - Apr 14

Apr 15 - Jun 9 and Sept 3 - Nov 24

Jun 10 - Sept 2

Our Company versus the market 2023 – Average Daily Rate and RevPAR

Park City Rental Properties, locally owned and operated since 1999 435-631-9919, 314 Main Street, Suite 201 & 202, pm@parkcityvacationrentals.com, www.parkcityvacationrentals.com

This analysis was created on 4/30/2024. The vacation rental market is constantly changing; if 60 days have passed since this date, please contact us for an updated analysis.

Season
Nightly Projectio ns Forecaste d Nights (Average) Forecasted Gross Income (High) Forecasted Gross Income (Low) Holiday
$614 16 $9,821 $6,580 New
$792 7 $5,544 $3,714 Premium
$529 39 $20,629 $13,821 Value Ski/Sundance
$365 19 $6,931 $4,644 Spring/Fall
$216 12 $2,596 $1,739 Summer
$269 36 $9,680 $6,485 TOTAL: $55,201 $36,985
Dates
April

Park City Rental Properties, locally owned and operated since 1999 435-631-9919, 314 Main Street, Suite 201 & 202, pm@parkcityvacationrentals.com, www.parkcityvacationrentals.com

This analysis was created on 4/30/2024. The vacation rental market is constantly changing; if 60 days have passed since this date, please contact us for an updated analysis.

Become part of the I Love Vacations Family! Get all the perks of a national company, without losing the personal connections and local presence.

www.ILoveVacations.com

Park City Rental Properties, locally owned and operated since 1999 435-631-9919, 314 Main Street, Suite 201 & 202, pm@parkcityvacationrentals.com, www.parkcityvacationrentals.com

This analysis was created on 4/30/2024. The vacation rental market is constantly changing; if 60 days have passed since this date, please contact us for an updated analysis.

We are owners just like you and will always treat your property as if it were our own We take pride in caring for your home while maximizing your rental income with great guests that return year-after-year

Take care,

No Guarantee of Results: This Rental Performance Analysis is indicative of results obtained in rental management by Park City Rental Properties. This Analysis is meant only to provide information about the activities and experience of our offices They are not intended as a guarantee that the same or similar results can be obtained in every rental matter undertaken by our offices; and you should not assume that a similar result can be obtained in the rental of your property Rental revenue can depend on a variety of factors including owner usage, snow, travel delays, economic conditions and unexpected developments beyond the control of any owner or property manager In addition, recipients of this Rental Performance Analysis are solely responsible for verifying nightly rental rules, restrictions, and regulations for the property Park City Rental Properties is not responsible for verification of these nightly rental rules, restrictions, and regulations

Park City Rental Properties, locally owned and operated since 1999 435-631-9919, 314 Main Street, Suite 201 & 202, pm@parkcityvacationrentals.com, www.parkcityvacationrentals.com

This analysis was created on 4/30/2024. The vacation rental market is constantly changing; if 60 days have passed since this date, please contact us for an updated analysis.

Highlights

Type: Condominium

Sub-Type: Stacked/Multi-Level

Total Bedrooms: 3

Total Baths: 2

Full Baths: 2

>Total Fireplaces: 1

ApxYear Built: 2007

Construction New: No

Construction Status: Complete

Accessory Dwelling Unit

Y/N: No

5501 N Lillehammer

Lane, Unit #: 4303

Park City, UT 84098

Active

MLS#: 12401024

County: Summit

DOM/CDOM: 38

List Price: $850,000

Original List Price: $850,000

Size and Costs

LP$/SqFt: $640

Apx SqFt Total: 1,328

Apx SqFt Finished: 1,328

Apx SqFt Garage: Source of Garage Measurements:

ApxAcres: 0

Location and Vicinity

GeographicArea: Park City

MajorArea: Snyderville Basin Area: 11 - Sun Peak/Bear Hollow

Subdivision: LodgesAt Bear Hollow Village

School District: Park City

Source of Lot Measurements: Public Records

Tax ID: Lbhv-Iii-4303

Apx Taxes: $4,587 HOADues: Yes $564 Monthly

Property Description

Road Frontage Type: Public Road Surface Type: Paved

Interior: Infrastructure:

Fireplaces: Gas

Appliances: Dishwasher; Disposal; Gas Range; Refrigerator; Washer/Dryer

Stacked Equipment: Appliances

DiningArea: Breakfast Bar; Informal Dining

Disability Features:

Mother-in-LawApartment:No

ApxYear Remodeled:

Legal Description:

Exterior - Utilities - Miscellaneous:

Property Description: Gradual Slope; Natural Vegetation; On Bus Route Views: Meadow;Trees/Woods

Exterior:HardiPlankType; Stone; Wood Siding Style: Mountain Contemporary; Single Level Unit Roof: Asphalt; Shingle

RanchAmenities: Environmental Certificate: None

Utilities: CableAvailable; Electricity Connected; High Speed InternetAvailable; Natural Gas Connected; PhoneAvailable Water: Private Sewage: Public Sewer

Other Structures: Land Leases: Fencing: Farm Equipment: Livestock:

Ranch Fees: Growing Crops: Water Irrigation Info:

Features andAmenities:

Exterior Features: Balcony; Landscaped - Fully; Storage

Flooring: Tile; Wood

Basement:

Foundation:Concrete Perimeter

Heating: Fireplace(s); ForcedAir; Natural Gas

Cooling: Air Conditioning; CentralAir

Garage Type: Garage Spaces: 4; Oversized

Other Park Type: Assigned; Parking Spaces: 1; Underground; Guest Parking

Parking Spaces Covered:1

Construction:Concrete; Frame - Wood

PC Soil Ordinance: No

Certificate of Compliance: No

Water Irrigation Info:

Apx Taxes: 4,587 TaxYear: 2023

Assessments

Buyer Pays:Yes

Tax/Financial Info:

Association Fees Included: Amenities; CableTV; ComAreaTaxes; Insurance; Internet; Maintenance Exterior; Maintenance Grounds; Reserve/Contingency Fund; Sewer; Snow Removal; Water Terms Offered: Cash; Conventional

Special Seller Circumstances: Long Term RentalAllowed:Yes

Nightly RentalAllowed:: Yes

Minimum Number of Days for Nightly Rental: 1

ApxAverage Monthly Utility Cost:

PotentialApartment: No

HOADues: Yes $564 Monthly

MembershipAmenities: MembershipAvailable: No

CommonAreaAmenities: Clubhouse; Fitness Room; PetsAllowed w/Restrictions; Pool; Spa/HotTub

Ski ResortAccess:

RecreationAccess:

Interior Features:Main Level Master Bedroom; Ski Storage

Lvl 2

Mstr Bed Other Beds Full Bth 3/4 Bth

SPACIOUS AND UPDATED 3-BEDROOM CONDO Residential Agent Full Public
Half Bth Kitchen Great Rm Family Dining Loft Stdy/Ofc/Den Laundry Media Fireplaces Upr
Upr
Main Lvl 1 3 2 1 1 1 1 1 Lwr Lvl 1 5/2/24, 2:33 PM flexmls Web
Lvl 1

Remarks - Public Headline: SPACIOUSAND UPDATED 3-BEDROOM CONDO

Remarks - Public: Don't miss this ideal ski retreat at the Lodges at Bear Hollow, minutes from Park City Resort After a day on the slopes, this charming 3bedroom, 2-bathroom, 1,328 sq ft condo offers the perfect retreat You'll enjoy the spacious great room with a kitchen made for entertaining, a cozy fireplace in the living room, and a balcony for grilling and enjoying the sunshine Located in the lively Bear Hollow community, this home ensures you're mere minutes from everyday essentials with easy access to supermarkets, boutique shops, and a diverse selection of dining options at Kimball Junction Park City Ski Resort is a 7minute drive, conveniently reached via the nearby free bus service Pet owners will appreciate the proximity to an off-leash dog park as well as miles of trails that allow residents and visitors to enjoy the ultimate four-season lifestyle This property is an excellent investment opportunity for both short-term getaways and extended retreats Dive into the classic mountain lifestyle offered by this picture-perfect ski condo

Showing Instructions:

HOAContact: Property Mngt System

HOAContact Phone: 801-262-3900

HOAWebsite:

Listing Information:

Date Listing Effective: 03/25/2024

Status Change Date: 03/25/2024

Listing courtesy of:

Debbie Sexton

KW Park City Keller Williams Real Estate

435-901-4065

debbie@homeinparkcitycom

License #: 6238051-SA00

Information is deemed to be reliable, but is not guaranteed. © 2024 MLS and FBS. Prepared by Debbie Sexton on Thursday, May 02, 2024 2:33 PM. The information on this sheet has been made available by the MLS and may not be the listing of the provider. BrokerAttribution: 435-640-9722 5/2/24, 2:33

Mgmt Rental Co?: Yes

Sold Information:

Sold Date:

Sold Price: Sold Price/SqFt: SP/LPRatio:

Special Seller Circumstances:

Lwr Lvl 2 Totals 1 2 2 1 1 1 1 1
flexmls Web
PM

Red Sky Resorts Rental Analysis

Red Sky Resorts is a boutique vacation rental management company specializing in Park City, Deer Valley and the surrounding ski resort areas.

Prepared by: Larry Schott, Red Sky Resorts 2/1/2024

Property Address: 5501 Lillehammer Lane, Unit 4304, Park City, UT 84098

Vacation Rental Projection for: 3 Bedrooms, 2 Baths; 1,328 square feet

Location: Bear Hollow Village

Projected Rental Rates for 2nd Year; 1st year will be 10-15% lower since it would be a new listing with no reviews. The vacation rental market is constantly changing. If 60 days have passed since the date of this projection, please contact us for an updated analysis. No Guarantee of Results: This Rental Analysis is only an estimate and assumes owner usage is minimal.

Larry Schott, President Cell: 949-285-0018

5555 Slalom Way, Park City, Utah 84098 36 Andiamo, Newport Coast, CA 92657

LSchott@RedSkyResorts.com RedSkyResorts.com

Approximate Estimated Estimated Estimated Dates Nightly Rates Rental Nights Gross Rent Christmas: Dec. 19 – 26 $865 6 $5,190 New Year’s: Dec. 26 – Jan 2 $935 6 $5,610 Sundance $695 5 $3,475 Presidents Week $825 5 $4,125 Premium Ski Season $565 38 $21,470 Value Ski Season $385 10 $3,850 Spring, Summer and Fall $250 40 $10,000 Thanksgiving $325 4 $1,300 Total 114 $55,020

Prepared by: Jim Anderson – Director, Business Development and Rashelle Sargent – Business Development Manager

Park City Rental Properties, locally owned and operated since 1999 435-631-9919, 314 Main Street, Suite 201 & 202, pm@parkcityvacationrentals.com, www.parkcityvacationrentals.com

This analysis was created on 4/15/2024. The vacation rental market is constantly changing; if 60 days have passed since this date, please contact us for an updated analysis.

Lillehammer Lane #4303
Rental Performance Analysis: 5501

Our Company versus the market 2023 – Average Daily Rate and RevPAR

Park City Rental Properties, locally owned and operated since 1999 435-631-9919, 314 Main Street, Suite 201 & 202, pm@parkcityvacationrentals.com, www.parkcityvacationrentals.com

This analysis was created on 4/15/2024. The vacation rental market is constantly changing; if 60 days have passed since this date, please contact us for an updated analysis.

Highlights Type: Condominium

Sub-Type: Townhouse

Total Bedrooms: 3

Total Baths: 3

Full Baths: 2

>Total Fireplaces: 1

ApxYear Built: 2003

Construction New: No

Construction Status: Complete

Accessory Dwelling Unit Y/N: No

6042 N Fox Point Circle, Unit #: C1 Park City, UT 84060 Active

MLS#: 12400147

County: Summit

DOM/CDOM: 108

List Price: $1,175,000 Original List Price: $1,450,000

Size and Costs

LP$/SqFt: $801

Apx SqFt Total: 1,467

Apx SqFt Finished: 1,467

Apx SqFt Garage: Source of Garage Measurements:

ApxAcres: 0 01

Location and Vicinity

GeographicArea: Park City

MajorArea: Snyderville Basin Area: 14 - Kimball

Subdivision: Fox PointAt Redstone School District: Park City Road Frontage Type: Public Road Surface Type: Paved

Source of Lot Measurements: Public Records

Tax ID: Fprv-31-C-1

Apx Taxes: $5,269 HOADues: Yes $452 Monthly

Property Description

Interior: Infrastructure: Fireplaces: Gas

Appliances: Dishwasher; Disposal; Electric Dryer Hookup; Gas Range; Microwave; Oven; Refrigerator; Washer Equipment: Appliances; Fire Pressure System; Garage Door Opener; Humidifier;Thermostat - Programmable; Water Heater - Gas

DiningArea: Breakfast Bar; Informal Dining

Disability Features:

Mother-in-LawApartment:No

ApxYear Remodeled:

Legal Description:BLDG 31 UNITC-1 FOX POINTATREDSTONE VILLAGE CONDOMINIUM;ACCORDINGTOTHE OFFICIALPLATON FILE INTHE SUMMITCOUNTYRECORDERS OFFICE CONT1467 SQ FTTOGETHER WITHAN UND 0 52% INTINTHE COMMONAREA1570-519 2237-100 22661922 2472-145 DEREK KWOC K HEEN PANGTRUSTEE OFTHE MALCOLM PIERRE KWOCK WAI PANG CHILDRENSTRUSTDATED NOV 28 2012 2472145;

Exterior - Utilities - Miscellaneous:

Property Description:Adjacent CommonArea Land; On Bus Route Views: Mountain(s) Exterior:HardiPlankType; Stone Style: Mountain Contemporary; Multi-Level Unit Roof: Asphalt; Shingle RanchAmenities:

Environmental Certificate: None

Utilities: Electricity Connected; High Speed InternetAvailable; Natural Gas Connected; Phone Lines/Additional Water: Private Sewage: Public Sewer

Other Structures: Land Leases: Fencing: Farm Equipment: Livestock: Ranch Fees: Growing Crops: Water Irrigation Info:

Features andAmenities:

Flooring: Carpet;Tile; Wood Basement: Foundation:Concrete Perimeter; Slab Heating: ForcedAir; Natural Gas

Cooling: CentralAir

Garage Type: Garage Spaces: 2;Attached

Other Park Type: Parking Spaces Covered:2

Construction:Concrete; Frame - Wood PC Soil Ordinance: No

Certificate of Compliance: No Water Irrigation Info:

Tax/Financial Info:

Apx Taxes: 5,269

TaxYear: 2023 Assessments

YesBuyer Pays:Yes

Change of Ownership Fee - Buyer Pays:Yes

Buyer Fee Amount: 0.05%

Association Fees Included: ComAreaTaxes; Maintenance Exterior; Maintenance Grounds; Management Fees; Reserve/Contingency Fund; Snow Removal

Terms Offered: 1031 Exchange; Cash; Conventional

Special Seller Circumstances:

Long Term RentalAllowed:Yes

Nightly RentalAllowed:: Yes

Minimum Number of Days for Nightly Rental: 1

ApxAverage Monthly Utility Cost:

PotentialApartment: No

HOADues: Yes $452 Monthly

MembershipAmenities: MembershipAvailable: No; Ski Club Membership: Not Available

Exterior Features: Heated Driveway; Landscaped - Fully; Lawn Sprinkler - Full; Lawn Sprinkler -Timer; Patio(s) CommonAreaAmenities: PetsAllowed w/Restrictions; See Remarks Ski ResortAccess: RecreationAccess: Hike/BikeTrail -Adjoining Property

Fox Point at Redstone 3Bed 2,5Bath Townhouse Residential Agent Full Public
5/2/24, 2:31 PM flexmls Web

Interior Features:Ceiling Fan(s); Double Vanity; Furnished - Fully; Open Floorplan; Vaulted Ceiling(s); Walk-In Closet(s); Washer Hookup Mstr Bed Other Beds Full Bth 3/4 Bth

Lvl 2

Lvl

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Remarks - Public Headline: Fox Point at Redstone 3Bed 2,5BathTownhouse

Remarks - Public: Must see! Easy in/out commute to Park City and Salt Lake Valley Just minutes to 3 world class resorts (Soon to be 4)This is Fox Point's most desired floor plan 2 min to Redstone Center with shopping, restaurants, entertainment, arts, exercise studios etc On Free Bus Route Airport only 25 min drive Views up to Olympic Park Nightly Rentals permitted Offered fully furnished Perfect owner-occupant or investment property!

Showing Instructions:

HOAContact: Allyson Dickey

HOAContact Phone: 435-731-4095

HOAWebsite: wwwfoxpointatredstone com

Listing Information:

Date Listing Effective: 01/15/2024

Status Change Date: 01/15/2024

Listing courtesy of:

Debbie Sexton

KW Park City Keller Williams Real Estate

435-901-4065 debbie@homeinparkcitycom

License #: 6238051-SA00

Information is deemed to be reliable, but is not guaranteed. © 2024 MLS and FBS. Prepared by Debbie Sexton on Thursday, May 02, 2024 2:31 PM. The information on this sheet has been made available by the MLS and may not be the listing of the provider. BrokerAttribution: Randal@KWParkCity.com 5/2/24, 2:31 PM

Mgmt Rental Co?: Yes

Sold Information: Sold Date: Sold Price: Sold Price/SqFt: SP/LPRatio:

Special Seller Circumstances:

Kitchen Great
Family Dining Loft Stdy/Ofc/Den
Media
Upr
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1 1 1 1 1 1 Lwr
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Half Bth
Rm
Laundry
Fireplaces
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Rental Projections Pro Forma Summary

Foxpoint @ Redstone - 6042 Foxpoint Circle C1, Park City, UT 84098
$68,531 (From $56,000 to $83,000 based on market conditions and pricing) Total Projected NET proceeds: $51,398 (From $42,000 to $62,000 based on market conditions, pricing, and net of 25% commission) Total Projected Nights Rented 189 Total Days Owner Enjoyment 0 Occupancy 52% Average Nightly Rate $363 Total Projected Gross Revenue: $68,531 Average Nightly Rate: $363 Rental Projections Prepared By Brandon Thomas Brandon@PCMoose com 435-714-6544 www PCMoose com March 21, 2024 Greg Watkins Keller Williams Greg ParkCity@Gmail com 435-655-5888 © Rentalz.com Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec $13,200 $8,500 $6,300 $3,300 $2,475 $3,484 $6,300 $2,500 $2,025 $3,150 $6,650 $10,647 $15,000 $12,000 $9,000 $6,000 $3,000 $0 Occupancy 52% Nights Rented Owner Use Unrented Nights Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 77% 71% 58% 40% 35% 43% 58% 32% 30% 45% 63% 68% 23% 29% 42% 60% 65% 57% 42% 68% 70% 55% 37% 32% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec $550 $425 $350 $275 $225 $268 $350 $250 $225 $225 $350 $507 $600 $500 $400 $300 $200 Sensitivity Analysis Nights Rented 80% 90% 100% 110% 120% 80% $43,860 $49,342 $54,825 $60,307 $65,790 90% $49,342 $55,510 $61,678 $67,846 $74,013 100% $54,825 $61,678 $68,531 $75,384 $82,237 110% $60,307 $67,846 $75,384 $82,923 $90,461 120% $65,790 $74,013 $82,237 $90,461 $98,685 A v e r a g e N i g h t l y R a t e
Total Projected Gross Revenue:

Rental Projections Pro Forma Details

Foxpoint @ Redstone - 6042 Foxpoint Circle C1, Park City, UT 84098 Bedrooms 3 Bathrooms 2 5 Square Footage 1,700 Property Value / Listed Price n/a Key Attributes n/a Property Link n/a Month Season Number of Days Owner Use Available Nights Nights Rented Unrented Nights Target Rates Acceptable Discount Lowest Target Rate Occupancy % Gross Revenue January January 31 0 31 24 7 $550 0% $550 77% $13,200 February February 28 0 28 20 8 $425 0% $425 71% $8,500 March March 31 0 31 18 13 $350 0% $350 58% $6,300 April April 30 0 30 12 18 $275 0% $275 40% $3,300 May May 31 0 31 11 20 $225 0% $225 35% $2,475 June June 30 0 30 13 17 $268 0% $268 43% $3,484 July July 31 0 31 18 13 $350 0% $350 58% $6,300 August August 31 0 31 10 21 $250 0% $250 32% $2,500 September September 30 0 30 9 21 $225 0% $225 30% $2,025 October October 31 0 31 14 17 $225 0% $225 45% $3,150 November November 30 0 30 19 11 $350 0% $350 63% $6,650 December December 31 0 31 21 10 $507 0% $507 68% $10,647 Totals 365 0 365 189 176 $363 52% $68,531 Greg Watkins Keller Williams Greg.ParkCity@Gmail.com 435-655-5888 © Rentalz.com

About Moose Management

Moose Management Vacation Rentals manages rentals and cares for homes in and around Park City, UT, with a quality of service unique to the industry. The company is a locally-owned family business with boutique-style management, oering homeowners and renters a more personal experience.

Property Caretaking is our #1 Priority

While earning revenue is essential for most homeowners, our top priority is to take care of your home. We have various caretaking options, but we physically inspect your home at least once every other week to ensure all systems are in order. Our in-house maintenance department is headed by Chris Robinson, who runs a team of highly trained service technicians and handymen We strive to have 5-star reviews after ve years of service

Management Team

We strive to protect your investment with a local, highly trained sta committed to professional, moral, and ethical practices. We are able to respond promptly to our guests and homeowners' needs. We have a shallow turnover rate and work together, allowing every team member to know your home as well as you do

Preparing your Home for Success

We provide free consultations to owners on matters of furnishing the property, cleaning requirements, and amenities that guests seek so the property can be a frequently requested home.

Market Research and Rate Strategy

We have invested in the best software platform in the industry We use a software-based dynamic pricing system and a data service to provide the most accurate market pricing to encourage the best revenue outcome with regular monitoring by a dedicated pricing representative.

World Class Website and Digital Marketing

We advertise worldwide on all major marketing sites, including Airbnb, Home Away, VRBO, Flip Key, Trip Advisor, and more. We advertise through smaller sites and local channels as well. We are members of the Vacation Rental Management Association, Ski Utah, Park City Chamber of Commerce, and Park City Area Lodging Association.

Property Management Services Foxpoint @ Redstone - 6042 Foxpoint Circle C1, Park City, UT 84098

Professional Photography and 3D Matterport Tours

Excellent photography is the most important element of marketing a Park City vacation home We will invest hundreds of dollars to have your home photographed, PLUS we'll have a 3D Matterport tour produced, allowing prospective guests to receive an immersive experience as they choose the perfect home for their visit to Park City.

HomeSites Website for YOUR home

In addition to promoting your home on our main website and all major channels - we stand out from the crowd by providing each of our homeowners with their own dedicated website that features their property.

This allows our homeowners to promote THEIR home through their social networks to drive bookings to prospective visitors directly

Housekeeping

We have a sta, a housekeeping manager, and two housekeeping supervisors who have been part of the Moose Management team for an average of four years. We schedule housekeepers to arrive at your home within 2 hours of a guest's departure Our housekeeping supervisors inspect every home to ensure the best guest experience

Local Family Support

Moose Management is a local family-based company. When you call in, you can always speak with the company's owner, Kimberley Blocker, or her business partner and son, Brandon Thomas. We are your local family in Park City for any and all needs

Professional Laundry Service

We use a professional laundry service to ensure all linens and towels are washed in high temps and sanitized for cleanliness and safety. Our laundry service will eliminate torn, stained, or pilled products for the best ongoing guest experience

Impeccable Trust Accounting & Reporting

We follow the industry's best practice on property management trust accounting, with our software providing homeowners with complete transparency on every rental and every transaction.

Home Automation & Security

One of the keys to the success of our property management program is our investment in home automation and security. We provide each home with an electronic lock and thermostat that is integrated into our software system. Each guest receives their own customized password access to your home.

Guest App

We provide a custom-designed welcome package for your home that guests can access through the guest app It includes everything from welcome instructions, details on how to enjoy your home - all the way to departure instructions and prompts for reviews.

Conveinence, views, and privacy to fully enjoy the Park City lifestyle Offered fully furnished!

Highlights

Type: Condominium

Sub-Type: Townhouse

Total Bedrooms: 3

Total Baths: 3

Full Baths: 1

>Total Fireplaces: 1

ApxYear Built: 2015

ApxYear Remodeled: 2018

Construction New: No

Construction Status: Complete

Accessory Dwelling Unit

Y/N: No

6169 Park Lane, Unit

#: Unit 1

Park City, UT 84098 Active

MLS#: 12401116

County: Summit

DOM/CDOM: 31

List Price: $1,295,000 Original List Price: $1,295,000

Size and Costs

LP$/SqFt: $927

Apx SqFt Total: 1,397

Apx SqFt Finished: 1,397

Apx SqFt Garage: Source of Garage Measurements:

Apx Lot Size (SqFt): 1,397

ApxAcres: 0 03

Location and Vicinity

GeographicArea: Park City

MajorArea: Snyderville Basin Area: 14 - Kimball

Subdivision: NewparkTerrace School District: Park City Access: Year Round Road Frontage Type: Gated

Source of Lot Measurements: Public Records

Tax ID: Npterr-1-Am

Apx Taxes: $3,076 HOADues: Yes $1,540 Quarterly

Property Description

Interior: Infrastructure:

Fireplaces: Gas; Insert Appliances: Dishwasher; Disposal; Dryer; Freezer; Gas Dryer Hookup; Gas Range; Microwave; Oven; Refrigerator; Washer; Washer/Dryer Stacked Equipment: Fire Pressure System; Garage Door Opener; SmokeAlarm; Thermostat - Programmable; Water Heater - Gas; Water Softener - Owned DiningArea: Breakfast Bar; Informal Dining Disability Features: Mother-in-LawApartment:No ApxYear Remodeled:2018

Legal Description:Unit 1 NewparkTerraceAmended Condominium;According ToThe Official Plat On File InThe Summit County Recorders Office Cont 1,397 Sq FtAs Per Declaration Or 1,557 Sq FtAs Per Plat Together WithAn Und 1 67% Int InThe CommonArea 2265-773-775-776-777 2311-767 2421-1157

Exterior

- Utilities - Miscellaneous:

Property Description:Adjacent Public Land; Corner Lot; Level; On Bus Route Views: Meadow; Mountain(s); SkiArea

Exterior:Stucco

Style: Contemporary; Mountain Contemporary; Multi-Level Unit; Updated/Remodeled Roof: Flat; Other

RanchAmenities:

Environmental Certificate: None

Utilities: CableAvailable; Electricity Connected; High Speed InternetAvailable; Natural Gas Connected; PhoneAvailable Water: Public Sewage: Public Sewer

Other Structures: Land Leases:

Fencing:

Farm Equipment:

Livestock:

Ranch Fees:

Growing Crops: Water Irrigation Info:

Features andAmenities:

Flooring: Carpet;Tile; Wood Basement: Foundation:Slab

Heating: Fireplace(s); ForcedAir; Natural Gas Cooling: Air Conditioning; CentralAir

Garage Type: Garage Spaces: 1;Attached; See Remarks

Other Park Type: Parking Spaces: 1; Guest Parking; Off Street - Unassigned

Parking Spaces Covered:1

Construction:Frame - Wood

PC Soil Ordinance: No

Certificate of Compliance: No

Water Irrigation Info:

Apx Taxes: 3,075 93 TaxYear: 2023

Assessments

Buyer Pays:Yes

Tax/Financial Info:

Change of Ownership Fee - Buyer Pays:Yes

Buyer Fee Amount: 0 5%

Association Fees Included: Amenities; ComAreaTaxes; Insurance; Internet; Maintenance Exterior; Maintenance Grounds; Reserve/Contingency Fund; Snow Removal

Terms Offered: 1031 Exchange; Cash; Conventional

Special Seller Circumstances:

Long Term RentalAllowed:Yes

Nightly RentalAllowed:: Yes

Minimum Number of Days for Nightly Rental: 1

ApxAverage Monthly Utility Cost:

PotentialApartment: No

HOADues: Yes $1,540 Quarterly

MembershipAmenities: MembershipAvailable: No

Exterior Features: Balcony; Deck(s); Heated Driveway; Landscaped - Partially; Patio(s); Porch; Spa/HotTub; Storage CommonAreaAmenities: PetsAllowed w/Restrictions; Security System - Entrance Ski ResortAccess:

RecreationAccess: Hike/BikeTrail -Adjoining Project; See Remarks

Interior Features:Ceiling(s) - 9 Ft Plus; Double Vanity; Fire Sprinklers; Furnished - Fully; Gas Dryer Hookup; Granite Counters; Kitchen Island; Lower Level Walkout; Main Level Master Bedroom; Open Floorplan; Ski Storage; Spa/HotTub; Storage; Washer Hookup

Agent Full Public
Residential
5/2/24, 2:35 PM flexmls Web

Lvl 2 Upr Lvl 1

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Remarks - Public Headline: Conveinence, views, and privacy to fully enjoy the Park City lifestyle Offered fully furnished!

Remarks - Public: Introducing 6169 Park Lane, an impressive residence nestled in the desirable Kimball Junction area This remarkable home stands out as one of only four three-bedroom units in the NewparkTerrace subdivision, offering unmatched convenience, comfort, & breathtaking views of Utah Olympic Park The Newpark community offers owners and guests an array of dining options, grocery, banks, boutique & box store shopping, salons, massage, coffee shops, and public bus routes Steps away also include the Swanner Nature Preserve, an abundance of biking and nature trails, Basin Park & Recreation Center, Orange Theory, and yoga studios to cover all activity desires This property delivers a seamless Park City lifestyle with easy freeway access, reaching any part of Park City, Salt Lake, or theAirport is effortless Step outside to relax in the luxurious Bullfrog hot tub after a day on the hill, soaking in the expansive mountain views

Positioned as an end unit, this townhome enjoys captivating sunrises and sunsets, while natural light floods the interior, creating a warm & inviting atmosphere throughout the day Move right into this completely turn-key and meticulously maintained (never rented) home Thoughtful updates to carpet, paint, and Hunter Douglas blinds throughout (room darkening in all bedrooms) All furnishings were hand selected from local designer Sticks and Stones and Pottery Barn Its versatility caters to various needs, whether as a second home, investment property (nightly rental & long-term rentals allowed), vacation retreat, or primary residence With its low maintenance requirements, a true lock-and-leave convenience further enhances its appeal Additional amenities include 3 deck spaces with over 530 sq/ft, a gated & heated driveway for easy winter access, private garage with secure lockable & heated storage (peace of mind for owner storage during rentals), community fire pit with ample sitting for those star gazing nights, & a whole home water softener

Showing Instructions:

HOAContact: Blooming Property MG HOAContact Phone: (435) 649-6583

HOAWebsite: https://wwwbloomingpc com/

Listing Information:

Date Listing Effective: 04/01/2024

Status Change Date: 04/01/2024

Sold Information:

Special Seller Circumstances:

Listing courtesy of:

Debbie Sexton

KW Park City Keller Williams Real Estate

435-901-4065

debbie@homeinparkcitycom

License #: 6238051-SA00

Information is deemed to be reliable, but is not guaranteed. © 2024 MLS and FBS. Prepared by Debbie Sexton on Thursday, May 02, 2024 2:35 PM. The information on this sheet has been made available by the MLS and may not be the listing of the provider

Mstr Bed Other Beds Full Bth 3/4 Bth Half Bth Kitchen Great Rm Family Dining Loft Stdy/Ofc/Den Laundry Media Fireplaces
2 1 1 1 1 1 1 1 1
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1
Sold Date: Sold Price: Sold Price/SqFt: SP/LPRatio:
5/2/24, 2:35 PM flexmls Web

ANNUAL PROJECTED RENTAL REVENUE FOR 6169

Park Lane, Unit #1

This revenue projection is an illustration of projected gross revenues generated for the calendar year of 2024. A variety of factors can influence the revenue potential of a property, including: homeowner usage, unit condition, weather, airline rates, and economic trends. This published information is intended for general reference, and should not be considered a guarantee of rental income.

Scan our r AllSeasonsR High Low Month Gross Rental Revenue Owner Net Revenue Paid Occupancy Gross Rental Revenue Owner Net Revenue Paid Occupancy Winter (Nov - Apr) $39,921 $27,945 70% $31,937 $22,356 65% Summer (May - Oct) $14,471 $10,130 40% $11,577 $8,104 35% Total $54,392 $38,074 55% $43,514 $30,460 50% NO MATTER THE LOCALITY OR PROPERTY TYPE, WE CONSISTENTLY SECURE A TOP POSITION WITHIN THE MARKET.
Verified using Key Data, LSI Tools, & OTA Supply HOW DO OUR RENTAL UNITS STACK UP? IN 2023, WE BEAT THE MARKET BY 57% BY CAREFULLY BALANCING PRICING AND OCCUPANCY. 70/30 AllSeasonsResortLodging.com | Toby Huebner: 435-200-8111| thuebner@asrlodging.com REVENUE SPLIT THE 57% Proudly outperforming the market since 1999.

Red Sky Resorts Rental Analysis

Red Sky Resorts is a boutique vacation rental management company specializing in Park City, Deer Valley and the surrounding ski resort areas.

Prepared by: Larry Schott, Red Sky Resorts 4/9/2024

Property Address: 6169 Park Ln South, Unit 1, Park City, UT 84098

Vacation Rental Projection for: 3 Bedrooms, 2.5 Baths; 1,397 square feet

Location: Newpark Terrace Townhome - Kimball Junction

Projected Rental Rates for 2nd Year; 1st year will be 10-15% lower since it would be a new listing with no reviews. The vacation rental market is constantly changing. If 60 days have passed since the date of this projection, please contact us for an updated analysis. No Guarantee of Results: This Rental Analysis is only an estimate and assumes owner usage is minimal.

Larry Schott, President Cell: 949-285-0018

5555 Slalom Way, Park City, Utah 84098 36 Andiamo, Newport Coast, CA 92657

LSchott@RedSkyResorts.com RedSkyResorts.com

No Guarantee of Results: This Rental Analysis is only an estimate and assumes owner usage is minimal.

Approximate Estimated Estimated Estimated Dates Nightly Rates Rental Nights Gross Rent Christmas: Dec. 19 – 26 $645 7 $4,515 New Year’s: Dec. 26 – Jan 2 $695 7 $4,865 Sundance $575 5 $2,875 Presidents Week $650 5 $3,250 Premium Ski Season $625 42 $26,250 Value Ski Season $545 10 $5,450 Spring, Summer and Fall $225 35 $7,875 Thanksgiving $345 4 $1,380 Total 115 $56,460

Highlights

Type: Condominium

Sub-Type: Townhouse

Total Bedrooms: 2

Total Baths: 3

Full Baths: 2

>Total Fireplaces: 1

ApxYear Built: 2005

ApxYear Remodeled: 2020

Construction New: No

Accessory Dwelling Unit

Y/N: No

6048 S Park Lane

Lane, Unit #: Unit 67

Park City, UT 84098 Active

MLS#: 12400539

County: Summit

DOM/CDOM: 77

List Price: $1,450,000

Original List Price: $1,550,000

Size and Costs

LP$/SqFt: $1,000

Apx SqFt Total: 1,450

Apx SqFt Finished: 1,450

Apx SqFt Garage: Source of Garage Measurements:

ApxAcres: 0 04

Location and Vicinity

GeographicArea: Park City

MajorArea: Snyderville Basin Area: 14 - Kimball

Subdivision: Newpark Resort Residences

School District: Park City Access: Year Round

Source of Lot Measurements: Public Records

Tax ID: Npkth-3-67

Apx Taxes: $3,182

HOADues: Yes $1,450 Quarterly

Property Description

Road Frontage Type: Public

Road Surface Type: Paved

Interior: Infrastructure: Fireplaces: Gas

Appliances: Dishwasher; Disposal; ENERGYSTAR Qualified Dishwasher; ENERGYSTAR Qualified Refrigerator; ENERGYSTAR QUALIFIED Washer; Freezer; Gas Range; Microwave; Refrigerator; Washer/Dryer Stacked Equipment: Appliances;Audio System; Garage Door Opener; SmokeAlarm; Thermostat - Programmable; Water Heater -Tankless; Water Purifier DiningArea: Eat-in Kitchen; Informal Dining Disability Features: Mother-in-LawApartment: ApxYear Remodeled:2020

Legal Description:Unit 67 NewparkTownhomes Phase 3 Condominiums; AccordingToThe Official Plat On File InThe Summit County Recorders Office Cont 1821 Sq FtTogether WithAn Und 1 0526% Int InThe CommonArea17371500

Exterior - Utilities - Miscellaneous:

Property Description: Level; On Bus Route; PUD - Planned Unit Development; South Facing; Other

Views: Meadow; Mountain(s); SkiArea; See Remarks Exterior:HardiPlankType

Style: Contemporary; Multi-Story Roof: Metal

RanchAmenities: Environmental Certificate: None

Utilities: CableAvailable; Electricity Connected; High Speed InternetAvailable; Natural Gas Connected Water: Public Sewage: Public Sewer

Other Structures: None

Land Leases:

Fencing:

Farm Equipment:

Livestock:

Ranch Fees:

Growing Crops:

Water Irrigation Info:

Features andAmenities:

Flooring: Tile; Wood Basement: Crawl Space Foundation:Concrete Perimeter

Heating: ForcedAir; Natural Gas;Tankless Heating Cooling: CentralAir

Garage Type: Garage Spaces: 1;Attached

Other Park Type: Unassigned; Guest Parking Parking Spaces Covered:1 Construction:Frame - Wood PC Soil Ordinance: No Certificate of Compliance: Water Irrigation Info:

Tax/Financial Info:

Apx Taxes: 3,182 37 TaxYear: 2023

Assessments

Change of Ownership Fee - Seller Pays: Yes

Seller Fee Amount: 0.5%

Association Fees Included: Internet; Maintenance Exterior; Maintenance Grounds; Management Fees; Reserve/Contingency Fund; Snow Removal

Terms Offered: 1031 Exchange; Cash; Conventional

Special Seller Circumstances: Long Term RentalAllowed:Yes

Nightly RentalAllowed:: Yes

Minimum Number of Days for Nightly Rental: 1

ApxAverage Monthly Utility Cost: 150

PotentialApartment:

HOADues: Yes $1,450 Quarterly MembershipAmenities: MembershipAvailable: No

Exterior Features: Balcony; Deck(s); Gas BBQ Stubbed; Landscaped - Partially; Lawn Sprinkler -Timer; Ski Storage; Spa/HotTub; Storage CommonAreaAmenities: Management; PetsAllowed w/Restrictions

Ski ResortAccess: RecreationAccess: Hike/BikeTrail -Adjoining Project; Hike/BikeTrail -Adjoining Property; See Remarks

Interior Features:Ceiling Fan(s); Ceiling(s) - 9 Ft Plus; Fire Sprinklers; Furnished - Partially; Gas Dryer Hookup; Lower Level Walkout; Open Floorplan; Pantry; Ski Storage; Spa/HotTub; Storage; Vaulted Ceiling(s); Walk-In Closet(s); Washer Hookup

Mstr Bed Other Beds Full Bth 3/4 Bth Half Bth Kitchen Great Rm

Agent Full Public
Residential
Family Dining Loft Stdy/Ofc/Den Laundry Media Fireplaces 5/2/24, 2:38 PM flexmls Web

Remarks - Public: Experience the epitome of Park City living from this meticulously upgraded Newpark Resort Residences townhome, boasting unrivaled views and proximity to all the area offers.This end unit, meticulously maintained by a single owner, boasts a significant and stunning remodel in 2020, making it one of the most ideal units in the community The kitchen has been masterfully redesigned and expanded, showcasing innovative motorized cabinetry, Infinity solid surface countertops, and beautiful toe-kick lighting High-endThermador and Bluestar appliances ensure culinary enthusiasts have all they need to create gourmet meals at home Find comfort and warmth in the living area Anchored by a modern Jotul cast iron fireplace, the space is perfect for cozy evenings in or après-ski gatherings with friends For those seeking ultimate relaxation, step outside to the private saltwater hot tub, where you can soak away a day on the slopes while taking in panoramic views of the surrounding mountains Your views are forever unobstructed, overlooking the tranquil expanse of Swaner Preserve Nestled beside the Redstone Shopping Center, convenience is at your doorstep with an array of shops, dining options, and entertainment opportunities Yet, you're just a mere 5 minutes from the slopes of Canyons Resort and just 30 minutes to Salt Lake City airport This residence boasts a plethora of modern amenities - including aToto washlet bidet toilet, Nest thermostats, motorized living room shades, a Sonance built-in speaker system - and the conveniences of a Navien on-demand water heater and anAquasana whole house water filtration system Additional highlights include a Murphy bed in the guest room/office, wideplank white oak engineered hardwood floors on the second floor, and a private balcony off the master bedroom Nightly rentalsARE allowed and furniture is negotiable Don't miss out on this ideal retreat for those seeking the ultimate mountain lifestyle

Showing Instructions:

HOAContact: Kensi - Cooper's Mgt

HOAContact Phone: 435-649-5351

HOAWebsite: wwwcoopershoa com

Listing Information:

Date Listing Effective: 02/15/2024

Status Change Date: 04/19/2024

Sold Information:

Sold Date:

Sold Price: Sold Price/SqFt: SP/LPRatio:

Special Seller Circumstances:

Listing courtesy of:

Debbie Sexton

KW Park City Keller Williams Real Estate

435-901-4065

debbie@homeinparkcitycom

License #: 6238051-SA00

Information is deemed to be reliable, but is not guaranteed. © 2024 MLS and FBS. Prepared by Debbie Sexton on Thursday, May 02, 2024 2:38 PM. The information on this sheet has been made available by the MLS and may not be the listing of the provider

Upr Lvl 2 Upr Lvl 1 1 1 2 1 1 Main Lvl 1 1 1 1 Lwr Lvl 1 Lwr Lvl
Totals 1 1 2 1 1 1 1 1 1
2
5/2/24, 2:38 PM flexmls Web

Prepared by: Rashelle Sargent – Business Development Manager and Jim Anderson – Director, Business Development

Park City Rental Properties, locally owned and operated since 1999 435-631-9919, 314 Main Street, Suite 201 & 202, pm@parkcityvacationrentals.com, www.parkcityvacationrentals.com

This analysis was created on 2/15/2024. The vacation rental market is constantly changing; if 60 days have passed since this date, please contact us for an updated analysis.

Analysis: 6048 Park Ln #67
Rental Performance

Dec 16 - Dec 25, Jan 12 - Jan 16 , and Feb 15 - Feb 25

New Years Dec 26 - Jan 2

Premium Ski Jan 29 - Feb 15 and Feb 26 - Mar 31

Value Ski/Sundance Nov 25 - Dec 15, Jan 3 - Jan 11, Jan 17Jan 28, and April 1 - Apr 14

Apr 15 - Jun 9 and Sept 3 - Nov 24

Jun 10 - Sept 2

Our Company versus the market 2023 – Average Daily Rate and RevPAR

Park City Rental Properties, locally owned and operated since 1999 435-631-9919, 314 Main Street, Suite 201 & 202, pm@parkcityvacationrentals.com, www.parkcityvacationrentals.com

This analysis was created on 2/15/2024. The vacation rental market is constantly changing; if 60 days have passed since this date, please contact us for an updated analysis.

Season
Nightly Projections Forecasted Nights (Average) Forecasted Gross Income (High) Forecasted Gross Income (Low)
Dates
Holiday
$570 16 $9,126 $6,115
$736
$5,152 $3,452
$492
$19,170 $12,844
$339 19 $6,441 $4,316 Spring/Fall
$201 12 $2,412 $1,616
$250 36 $8,995 $6,027 TOTAL: $51,298 $34,370
7
39
Summer

ANNUAL PROJECTED RENTAL REVENUE FOR

This revenue projection is an illustration of projected gross revenues generated for the calendar year of 2024. A variety of factors can influence the revenue potential of a property, including: homeowner usage, unit condition, weather, airline rates, and economic trends. This published information is intended for general reference, and should not be considered a guarantee of rental income.

High Low Month Gross Rental Revenue Owner Net Revenue Paid Occupancy Gross Rental Revenue Owner Net Revenue Paid Occupancy Winter (Dec - Mar) $39,750 $27,825 70% $31,800 $22,260 65% Summer (Apr - Nov) $15,375 $10,763 40% $12,300 $8,610 35% Total $55,125 $38,588 55% $44,100 $30,870 50% Scan our r AllSeasonsR NO MATTER THE LOCALITY OR PROPERTY TYPE, WE CONSISTENTLY SECURE A TOP POSITION WITHIN THE MARKET.
6048 S Park Lane
Unit #: Unit 67 Verified using Key Data, LSI Tools, & OTA Supply HOW DO OUR RENTAL UNITS STACK UP? IN 2023, WE BEAT THE MARKET BY 57% BY CAREFULLY BALANCING PRICING AND OCCUPANCY. 70/30 AllSeasonsResortLodging.com | Toby Huebner: 435-575-0422| thuebner@asrlodging.com REVENUE SPLIT THE 57% Proudly outperforming the market since 1999.
Lane,

GRAND WELCOME PARK CITY

61% 75% 65% 30% 26% 37% 52% 42% 27% 26% 20% 39% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Occupancy Monthly Low/High Revenue
on the above home details and market data, and assuming the home’s availability is consistent with Grand Welcome’s current portfolio of vacation properties, projected revenue for the upcoming year would be as above. ** Revenue projections are intended as a guide and do not serve as an earnings guarantee. Subject to fluctuation due to market trends and environmental influences which may impact rates either positively or negatively. Typically returns will grow year over year with repeat clients resulting in increased rates and occupancy. THE GRAND WELCOME DIFFERENCE 24/7 Local Support Housekeeping Professionals Owner Partnership Quality Inspections Revenue Management Powerful Marketing
2 BEDRM | 3 BATH
Based
6048 Park Ln S, Unit 67 | Park City | UT, 84098 RENTAL
$40,000 -
At Grand Welcome, our company’s 40+ years of industry experience combines a local market model with industry-leading marketing and data-driven dynamic pricing The result is high-end revenue returns for our owners and quality home care & guest experience for our customers. Close to Skiing Fireplace Great Location Helen Greene & Paul Holtzhausen Helen.Greene@grandwelcome.com Paul.Haus@grandwelcome.com (435) 254.8580 REVENUE PROJECTION $9,865 $11,822 $10,931 $7,542 $6,577 $7,881 $7,287 $1,640 - $1,640 $1,166 - $1,166 $1,804 -$2,000 $2,915 - $6,300 $2,226 - $5,200 $1,283 - $2,800
- $1,800
$- $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 $14,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 25% COMMISSION FULL-SERVICE MANAGEMENT
PROJECTION
$60,000
$1,166
$1,027 - $2,100 $5,028

5/2/24, 2:39 PM Full-Size Document For Newpark Resort Residences Rental Proform

Newpark Resort Residences Rental Proform

6048 S Park Lane Lane Unit 67, Park City, UT 84098 This listing isActive Listed for $1,450,000 MLS # 12400539

about:blank 1/1

Highlights

Type: Condominium

Sub-Type: Stacked/Multi-Level

Total Bedrooms: 2

Total Baths: 3

Full Baths: 2

>Total Fireplaces: 3

ApxYear Built: 2019

ApxYear Remodeled: 2022

Construction New: No

Construction Status: Complete

Accessory Dwelling Unit

Y/N: No

3703 Blackstone Drive, Unit #: 212

Park City, UT 84098 Active

MLS#: 12401229

County: Summit

DOM/CDOM: 24

List Price: $1,525,000

Original List Price: $1,525,000

Size and Costs

LP$/SqFt: $1,315

Apx SqFt Total: 1,160

Apx SqFt Finished: 1,160

Apx SqFt Garage: Source of Garage Measurements:

ApxAcres: 0 01

Location and Vicinity

GeographicArea: Park City

MajorArea: Snyderville Basin Area: 10 - Canyons Village

Subdivision: Blackstone Flats

School District: Park City

Access: Year Round

Road Frontage Type: Public

Source of Lot Measurements: Other Tax ID: Blksfc-212

Apx Taxes: $5,685 HOADues: Yes $613 Monthly

Property Description

Road Surface Type: Paved

Interior: Infrastructure:

Fireplaces: Gas

Appliances: Dishwasher; Disposal; Gas Range; Microwave; Oven; Refrigerator; Washer/Dryer Stacked Equipment: SmokeAlarm;Thermostat - Programmable DiningArea:

Disability Features: Mother-in-LawApartment: ApxYear Remodeled:2022

Legal Description:

Exterior - Utilities - Miscellaneous:

Property Description: Level

Views: Mountain(s)

Exterior:HardiPlankType; Stone Style: Single Level Unit Roof: Shingle

RanchAmenities: Environmental Certificate: None

Utilities: CableAvailable; Electricity Connected; High Speed InternetAvailable; Natural Gas Connected; PhoneAvailable Water: Public Sewage: Public Sewer

Other Structures: Land Leases:

Fencing: Farm Equipment: Livestock: Ranch Fees:

Growing Crops: Water Irrigation Info:

Features andAmenities:

Exterior Features: Balcony; Gas BBQ Stubbed CommonAreaAmenities: Elevator(s); Fire Sprinklers; Fitness Room

Ski ResortAccess: Ski Shuttle

RecreationAccess:

Interior Features:Double Vanity; Furnished - Fully; Granite Counters

Mstr Bed Other Beds Full Bth 3/4 Bth Half Bth

Flooring: Carpet;Tile Basement: Foundation:Slab Heating: ForcedAir Cooling: Air Conditioning; CentralAir Garage Type: Garage Spaces: 1; Heated Garage

Other Park Type: Assigned; Guest Parking Parking Spaces Covered:1 Construction:Concrete PC Soil Ordinance: Certificate of Compliance: Water Irrigation Info:

Tax/Financial Info:

Apx Taxes: 5,685 TaxYear: 2023 Assessments

Seller Pays:YesChange of Ownership Fee - Buyer Pays:Yes

Buyer Fee Amount: 2.5 - See Remarks

Association Fees Included: Amenities; ComAreaTaxes; Maintenance Exterior; Maintenance Grounds; Management Fees; Reserve/Contingency Fund; Shuttle Service; Snow Removal Terms Offered: Special Seller Circumstances: Long Term RentalAllowed:Yes

Nightly RentalAllowed:: Yes

Minimum Number of Days for Nightly Rental: 1

ApxAverage Monthly Utility Cost: PotentialApartment: HOADues: Yes $613 Monthly MembershipAmenities: MembershipAvailable: No

Blackstone 2 Bedroom Residential Agent Full Public
Kitchen Great Rm Family Dining Loft Stdy/Ofc/Den Laundry Media Fireplaces Upr Lvl 2 Upr Lvl 1 Main Lvl 5/2/24, 2:44 PM flexmls Web

Remarks - Public Headline: Blackstone 2 Bedroom

Remarks - Public: 2 bedroom, 3 bath contemporary Blackstone Flats residence, with high ceilings, walk-out patio, Viking appliances, 3 fireplaces, in-unit laundry Fully furnished, and turnkey Located in lower Canyons Village, beside the Canyons golf course, and a very short walk to the Cabriolet Lift Assigned underground parking in the heated garage Amenities include elevator, Canyons Connect shuttle service, 24-hour fitness room, community pool, hot tub andTV lounge Nightly and long-term rentals allowed

Showing Instructions:

HOAWebsite:

Listing Information:

Date Listing Effective: 04/08/2024

Status Change Date: 04/08/2024

Listing courtesy of:

Debbie Sexton

KW Park City Keller Williams Real Estate

435-901-4065

debbie@homeinparkcitycom

License #: 6238051-SA00

Information is deemed to be reliable, but is not guaranteed. © 2024 MLS and FBS. Prepared by Debbie Sexton on Thursday, May 02, 2024 2:43 PM. The information on this sheet has been made available by the MLS and may not be the listing of the provider 5/2/24,

Mgmt Rental Co?: Yes

Sold Information:

Sold Date:

Sold Price:

Sold Price/SqFt: SP/LPRatio:

Special Seller Circumstances:

Lwr Lvl
Lwr Lvl
Totals 2 2 1 1 1 1 3
1
2
2:44 PM flexmls Web
Get listed on 85+ vacation rental websites. Earn up to 80% more. We're a full-service property manager. Your home at HERE'S YOUR FREE FINANCIAL PROFORMA CALL US NOW TO DISCUSS! Earn More. Work Less. Jessica Schulz (435) 655-5834 jessicaschulz@itrip.net Laura Williams (801) 906-3663 laura@itrip.net We take care of everything on your behalf: from check-in and check-out, to cleaning and maintenance, to customer service and inquiries. You truly can get your life back, and enjoy your vacation property. Get more from your vacation rental due to our world-class dynamic pricing where rental rates are auto-adjusted based on market demand and occupancy rates. Earn More. Work Less. We list on every major listing site in the world and have direct relationships with the largest online travel agencies (OTAs) - which gives us better access to tools and strategies that earn your property more! Be seen in more places. Discover how iTrip Vacations property management services not only help you earn more from your vacation rental but how you can work less maintaining your property. in revenue! 3703 Blackstone Dr could be generating from 59,130 $ up to 78,882 $

About Us

Managing Vacation Homes in Park City, Deer Valley, Summit County, Jordanelle, Hideout, and Kamas

The power of a national brand. The service of a local property manager.

Owned & operated by John and Dori Kennedy, iTrip Vacations Park City provides a full-service property management program for vacation homes.

iTrip Vacations began in 2008 with one goal in mind: provide better services to vacation property owners and guests. iTrip Vacations now manages properties in 80-plus destinations across the U.S. and Canada.

iTrip Vacations Park City has a local team available 24/7, managing the entire vacation property rental process. Our program will increasing your bookings and provide the highest levels of customer satisfaction.

Get more reviews!

HomeAway/VRBO tell us our guest review rates are “OFF THE CHARTS”!

According to data, properties with 20+ reviews attract significantly more inquiries and bookings than those without. All of the major travel agents use reviews to select which properties to recommend to their travelers.

It is essential that your property and your property manager quickly generate a lot of great reviews like this one:

“First, John and Dori worked with us for weeks making sure every question was answered while we planned our trip. They seemed to be on call 24/7, and I have never experienced this kind of travel service."

Here's what our owners say about us:

"Call

them and you will quickly know you are dealing with the best in the business."

"I love how far ahead they think, plan and prepare."

"Best decision I've made in regard to my rental property."
2
John and Dori Kennedy, Owners of iTrip Vacations Park City

Income Sensitivity to ADR & Occupancy

Prepared for: Doug Park Property Address: 3703 Blackstone Dr Revenue Performance Base Target Highest Lowest Average Gross Rental Revenue Note 1 59,130 $ 78,882 $ 87,600 $ 51,200 $ 67,000 $ RevPAR 162 $ 216 $ 881 $ 541 $ 189 $ Pricing AWR (Avg Weekly Rate) $ 4,200 $ 4,348 $ 6,167 $ 3,787 $ 4,953 ADR (Avg Daily Rate) 600 $ 621 $ 881 $ 541 $ 708 $ Occupancy & Availability Occupancy Note 2 27% 35% 36% 17% 27% Net Income 44,348 59,162 Pre-Tax Cap Rate Note 3 0.7% 1.6% Note 1 : New properties take time to ramp up their rate of bookings, reviews and rates. This may vary from a few months to over a year depending on the property type, location, quality, season of launch, days on market and overall market conditions. Note 2 : These projections assume owners use no nights per year. Changes to this assumption, including both number of days and time of year will greatly impact these projections. Note 3 : After estimates for insurance, HOA fees, property taxes and utilities. Targeted Gross Rental Revenue $ 2,408 Every reasonable effort has been made to ensure that the data contained in this projection reflect the most accurate and timely information possible. This study is based on estimates, assumptions and other information reviewed and evaluated by iTrip Vacations Park City from its consultations with the client and the client's representatives and within its general knowledge of the industry. No responsibility is assumed for inaccuracies in reporting by the client, the client's representatives or any other data source used in preparing or presenting this study. Comparable Properties Projection (Year 2) PRIVATE AND CONFIDENTIAL Blackstone 2 Br Park City Peak Season Weekly AWR 2.0 Bathrooms Sleeps 6 No warranty or representation is made by iTrip Vacations Park City that any of the projected values or results contained in this study will actually be achieved. $ 78,882 2 Bedrooms Managing Vacation Homes in Park City, Deer Valley, Summit County, Jordanelle, Hideout, and Kamas $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 Base Target Highest Lowest Average Gross Rental Revenue $0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 Base Target Highest Lowest Average AWR (Avg Weekly Rate) $85,000 $95,000 $105,000 $115,000 $125,000 $135,000 $145,000 $155,000 $165,000 $175,000 47% 52% 57% 62% 67% 72% 77% 82% 87% 92% 97% Net Income Range Occupancy Range Net
$600 $604 $607 $611 $614 $618 $621

Average Daily Rate Analysis

Managing Vacation Homes in Park City, Deer Valley, Summit County, Jordanelle, Hideout, and Kamas

AVERAGE DAILY RATE

DYNAMIC PRICING

Our advanced rate management software allows us to charge the best rate for your property based on demand and supply conditions in the market. This allows us to get better rates in peak periods and higher occupancy in the off-season.

Unlike old-school property managers, we don’t set one seasonal rate in November and forget about it.

We actively respond to the changing conditions and use hotel style daily rate pricing to maximize your gross rental revenues!

$0 $200 $400 $600 $800 $1,000 $1,200 $1,400 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec ADR Occupancy

Comparable Property Analysis

Managing Vacation Homes in Park City, Deer Valley, Summit County, Jordanelle, Hideout, and Kamas

There are many factors that influence the performance of a vacation rental property. These include location of the property, the size, number and quality of bedrooms as well as overall amenities

The availability of the property during key seasons will have a significant impact on performance as does overall marketing and responsiveness to customers. We have not verified these factors for all comparable properties but we believe this set to be broadly representative of the local market.

As we learn more about your individual property our goal is to work with you to develop a unique personality for your property that lets it stand out from the crowd.

Park City - Annual Net Booked Value by Bedroom Type

Our software tracks the rates and occupancy for comparable homes. Once your property is onboarded into our system we will be able to fine tune your rental rates based on real time analysis of all of your competitor properties.

COMPARABLE PROPERTIES AVERAGE Comp 1 Comp 2 Comp 3 Comp 4 Comp 5 Revenue $ 67,067 51,496 $ 51,200 $ 87,695 $ 73,855 $ 71,087 $ RevPAR 189 $ 141 $ 140 $ 240 $ 202 $ 195 $ Pricing & Occupancy AWR (Avg Weekly Rate) $ 4,953 $ 4,823 $ 5,670 $ 6,167 $ 4,319 $ 3,787 ADR (Avg Daily Rate) 708 $ 689 $ 810 $ 881 $ 617 $ 541 $ Occupancy 27% 20% 17% 27% 33% 36% Key Feature Source: iTrip, VRBO, HomeAway, Airbnb & AirDNA. ADR's & occupancies may be adjusted for qualitative differences in comparable properties.
COMPARABLE
PROPERTIES
STAND OUT FROM THE CROWD! $- $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $450,000 5 Bedroom 4 Bedroom 3 Bedroom 2 Bedroom 1 Bedroom
75th Percentile 50th Percentile

Market Occupancy Rates

Managing Vacation Homes in Park City, Deer Valley, Summit County, Jordanelle, Hideout, and Kamas

Market Occupancy rates

Winter is the highest occupancy period with Christmas/New Year being the most important. Demand throughout the ski season remains high with Presidents week being the peak. Summer months have seen significant groth in demand due to the many activites and events in the Park City area.

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 0% 20% 40% 60% 80% 100% 120% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Market Occupancy 2 Bedroom Occupancy Projected Occupancy Average days booked in advance 92 42 High Season Low Season Average length of stay 4.9 5.4 High Season Low Season

Monthly Rental Revenues

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TOTAL REVPAR $ 440 $ 466 $ 478 $ 228 $ 12 $ 77 $ 200 $ 203 $ 31 $ 12 $ 108 $ 349 Revenue $ 13,640 $ 13,048 $ 14,818 $ 6,840 $ 372 $ 2,310 $ 6,200 $ 6,293 $ 930 $ 372 $ 3,240 $ 10,819 78,882 Net Income $ 10,230 $ 9,786 $ 11,114 $ 5,130 $ 279 $ 1,733 $ 4,650 $ 4,720 $ 698 $ 279 $ 2,430 $ 8,114 59,162
Monthly
Monthly
$1 $10 $100 $1,000 $$2,000 $4,000 $6,000 $8,000 $10,000 $12,000 $14,000 $16,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec REVPAR (Log Scale) Revenue / Net Income Revenue Net Income REVPAR
Managing Vacation Homes in Park City, Deer Valley, Summit County, Jordanelle, Hideout, and Kamas
revenues may vary depending upon the check out date of the reservation. Revenues are attributed to the month of check out.
Rental Revenues

Sensitivity Analysis & Projections

Managing Vacation Homes in Park City, Deer Valley, Summit County, Jordanelle, Hideout, and Kamas

The above sensitivity analysis shows the range of net income for different combinations of ADR and Occupancy. iTrip Vacations software is designed to find the optimal rate in the market based on comparable properties and their respective booking rates.

5 Yr Net Income & ADR Projection

Projected Rates

With a limited number of homes available for short terms rental in the Park City area and strong demand from travelers, we expect rental rates and occupancy to continue to grow in the next few years.

$ 59,162 27% 28% 30% 31% 32% 33% 35% Range Net Income 600 $ 44,348 $ 46,481 $ 48,615 $ 50,749 $ 52,883 $ 55,016 $ 57,150 High $ 59,162 604 $ 44,608 $ 46,754 $ 48,900 $ 51,046 $ 53,193 $ 55,339 $ 57,485 Median $ 51,642 607 $ 44,868 $ 47,027 $ 49,185 $ 51,344 $ 53,503 $ 55,662 $ 57,821 Low $ 44,348 611 $ 45,128 $ 47,299 $ 49,471 $ 51,642 $ 53,813 $ 55,984 $ 58,156 614 $ 45,388 $ 47,572 $ 49,756 $ 51,940 $ 54,123 $ 56,307 $ 58,491 618 $ 45,648 $ 47,845 $ 50,041 $ 52,237 $ 54,434 $ 56,630 $ 58,826 621 $ 45,908 $ 48,117 $ 50,326 $ 52,535 $ 54,744 $ 56,953 $ 59,162 Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 RAMP UP TARGET GROWTH GROWTH GROWTH NET INCOME $ 56,344 $ 59,162 $ 60,936 $ 62,764 $ 64,647 REVPAR $ 206 $ 216 $ 223 $ 229 $ 236 Net Income Sensitivity OCCUPANCY SENSITIVITY
ADR SENSITIVITY
$100 $120 $140 $160 $180 $200 $220 $240 $260 $$10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 Yr. 1 Yr. 2 Yr. 3 Yr. 4 Yr. 5 REVPAR Net Income Years
NET INCOME REVPAR

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