RFV Real Estate Portfolio | August 17th, 2021

S LIFER SMITH & F R A MP TON

R E A L E S T AT E

Portfolio of Roaring Fork Valley Properties

Gant Condominium Under Contract in Hours see back cover for full details

August 17, 2021

610 S West End St. H-204

1 BD

812 SF

Aspen Core

1 BA

$1,775,000

MARGI CRAWFORD Broker Associate 970948.6116 mcrawford@sliferrfv.com

SLIFER SMITH & FRAMPTON C O M M E R C I A L + E N T R E P R E N E U R I A L R E A L E S TAT E Connecting Entrepreneurs through the Business of Real Estate

An Insider’s Perspective on Commercial Real Estate The Value of a Business This is usually the first question you think of when considering selling your business. Unfortunately, there is no one-size-fits-all answer. Businesses are unlike residential real estate where comparisons of surrounding properties help arrive at a value. Each business is unique and every owner and buyer is different. They have individual needs, values, and expectations. As a result, different values happen.

METHODS FOR VALUING A BUSINESS: ASSET APPROACH Value = Total Assets – Total Liabilities This approach is generally used for liquidation.

It does not take into consideration any ongoing business or earnings.

MARKET APPROACH Databases can be accessed to see comparisons for businesses similar to yours to provide a good baseline for it’s value. But, each situation is unique, particularly in our market where there is seasonality.

It can be difficult to compare a quick-service restaurant in a resort area to a metro area.

Development Opportunity, Silt TBD Stoney Ridge Phase 2 11+ ACRES | $899,000

Phase 2 parcel ready for development. Parcel contains 33 lots total: 26 single-family, and 7 duplex. It is located close to downtown Silt, community amenities, and I-70. This is a desireable location to develop in a good school district and with great views of Grand Mesa. Shovel ready. Infrastructure and permits are in place. This is the last phase of an established subdivision.

LLOYD TUCKER, 970.309.0169, ltucker@sliferrfv.com

INCOME APPROACH Value = Avg. Bottom Line Income X Multiple In this approach a business is worth the income it provides to the owner or investor, times a multiple.

This is a great when the business is doing well and is profitable. A buyer can see that they could take on a business, keep it running, and it will provide a good income stream.

How do I know what my multiple is?

Smaller businesses usually have a multiple between 1 – 4 Sellers Discretionary Earning (SDE). There are many variables when deciding a multiple. A good guide is, the easier it is for a new owner to take over and be hands-off, the higher the multiple.

Can all this get me an exact sale price?

A business’s value is determined by what a buyer will pay. Since buyers view your business through a different lenses, they can have different opinions of its value. For example, a chef that sees the work you’ve put in and can project its growth potential may see a higher value due to growth opportunity.

A hands-off investor who isn’t growth focused might have a lower opinion of value.

THIS IS NOT AN OVERNIGHT PROCESS. WE ARE HERE TO HELP. CALL US.

Commercial | Silt TBD Main Street 0.53 Acres | $239,000 SHILO BARTLETT 970.319.0064 sbartlett@sliferrfv.com

This is what you have been looking for! Bring your ideas and make it happen in Silt - this one has it all! Zoning allows for mixed use, commercial, retail or multifamily. Located in the ‘’opportunity zone’’ in Silt, this property is a part of a tax incentive program allowing investors to defer, reduce and possibly eliminate capital gains taxes. Additionally, the Town of Silt also offers incentives for community development. Tap fees have been paid by the seller and may be fully transferable. Call today!

Meet the Commercial Team

MIKE MERCATORIS business development specialist | restaurateur

ROD WOELFLE branch broker development specialist

SHILO BARTLETT accredited commercial real estate specialist

BOB LANGLEY seasoned 30+ year commercial broker

MIKE EATON full-service development broker

CHAD CREMONESE development + commercial broker | Vail Valley

MOUNTAIN LIVING WITH ENDLESS PERKS. SKY TERRACE AND SPA POOL

SBVfit FITNESS CENTER

4-BEDROOM SHOWN

OWNER TRANSPORTATION

Discover a new, effortless way to own your mountain getaway in the heart of the new Snowmass Base Village. An abundance of owner amenities provide front-row access to all Snowmass has to offer, and with our innovative use plan, you can customize any level of ownership to fit your family’s lifestyle.

On eSnOwmaSS ReSi dencec lub .cOm | 970.924.9155 This does not constitute an offer to sell nor the solicitation of an offer to purchase in any jurisdiction nor made to residents of any jurisdiction, including New York, where registration is required. All information subject to change. Presented by Slifer Smith & Frampton Real Estate.

If you are a developer, it’s never too early to bring us into the process. Learn more: SliferDevelopmentSales.com >>>

D E V E LO P M E N T S P OT L I G H T LEGACY AT VAIL SQUARE

ONE RIVERFRONT

Lionshead

Avon

2 to 4-bedroom Luxury Condominiums Starting at $3,195,000 LegacyVail.com

13 Townhomes 4-bedroom | 3 to 4-bathroom Offered at $2,795,000 OneRiverfront.com

PEAKVIEW AT HAWK’S NEST

HAVENS ON FANNY HILL

Gypsum

Snowmass Base Village Now Sold Out HavensSnowmass.com

ONE SNOWMASS WHOLE OWNERSHIP Two Floor Plan Options 3-bedroom | 3.5-bath & 3-bedroom | 2.5-bath Starting at $648,000 PeakViewAtHawksNest.com

Snowmass Base Village Now Sold Out OwnOneSnowmass.com

YOUR PROJECT PARTNER FROM CONCEPT TO CLOSE

We are no stranger to real estate developments, but more importantly, we are not strangers to anyone.

We are a trusted, talented, and collaborative partner to builders and buyers — and no one does a better job of bringing those two groups together.

ELECTRIC PASS LODGE Snowmass Base Village

All Electric Ski-in/ Ski-out Residences Only Four Remain ElectricPassLodge.com

ONE SNOWMASS RESIDENCE CLUB Snowmass Base Village

Flexible Ownership | 2 to 4-bedroom OneSnowmassResidenceClub.com

At the Center of It All 803 East Durant Ave., 3

2 BD

960 SF

Aspen Core

2 BA

$2,395,000

This well-maintained condo is located in the center of everything Aspen has to offer. Enjoy the Silver Queen Gondola only one block away, Glory Hole Park right next door, and the bustling downtown core just around the corner. A recent remodel includes all new sub-flooring, hardwood floors, tile floors and carpet, electrical, lighting, drywall, insulation, dishwasher and microwave. Includes convenient off-street parking, storage and owner’s closet. Only 10 units in building.

HOLLY GOLDSTEIN 970.948.4824 hgoldstein@sliferrfv.com

Make This 79-Acre Ranch Paradise Your Own 8000 Capitol Creek Rd.

2 homes 79 ACRES

Old Snowmass

2 cabins

$4,400,000

Come home to this idyllic property blanketed in mature Aspens­(5,000+ trees were planted by the Seller since 1986). Build your dream home tucked in the woods with 360° views of the Roaring Fork Valley. This magnificent ranch is powered primarily by a Trace Solar System with 16 tracking panels delivering approximately 90% of the ranch’s power with a back-up solar generator as a supplement. A babbling stream meanders through this peaceful refuge with plentiful water rights to irrigate your fields. The upper field has an irrigation system in place, spring-fed well and more natural attributes.

There are 3 outbuildings on the premises for equipment or other storage. Plenty of acreage for horses, cows and livestock. Only a 30 minute drive to Basalt and 35 minute drive to Aspen.

HOLLY GOLDSTEIN 970.948.4824 hgoldstein@sliferrfv.com

Over an Acre with Views from Mt. Sopris to Aspen 124 Deer Trail Avenue

3 BD

1,804 SF

Carbondale

2 BA

$995,000

This home, remodeled in 2015, offers stunning, unobstructed views of Mt. Sopris from the deck.

Gather in the fabulous kitchen with bar seating and beautiful granite countertops and chrome appliances. The kitchen, living room, master bedroom, small bedroom and bathroom are on the upper level of the residence. The den and additional bedroom with bathroom and laundry are located on the lower level. The remodel included updating the bathrooms and woodburning fireplace in the family room. An ADU up to 850 SF is allowed with a Special Use Permit.

This great find is a quick drive from Willits Town Center, Whole Foods and shopping. Site is over an acre with fenced back yard and raised outdoor sitting area to take in all the beauty.

ANN WILKINSON 970.618.8591 awilkinson@sliferrfv.com

Own Over 156 Acres with Stellar Views TBD Frying Pan Road

156+ SF

Basalt

$1,850,000

An amazing opportunity to own 156+ acres with the best views the Frying Pan and Ruedi Reservoir has to offer. With year-round accessibility and thousands of acres of National Forest boarding the property, the opportunities are endless. Develop your own compound with multiple different building sites that not only have incredible views but complete seclusion and privacy. The zoning (Resource) allows for commercial and/or residential uses. The nearby access to some of the best fly fishing and big game hunting in the country and the Aspen Yacht Club make this property ideal for all outdoor enthusiasts.

MIKE EATON 970.274.4239 meaton@sliferrfv.com

RFV MARKET STATS Residential Only [MLS], 2020 vs 2021 | YTD January 1, 2021 vs July 31, 2021

16

%

closed transactions % increase from 2020

93

%

sold dollar volume

40% average sales price % increase from 2020

% increase from 2020

24

%

average days on market % decrease from 2020

Market trends show that now is the time to buy or sell in the Roaring Fork Valley.

Don’t miss your opportunity! Call a Broker today.

RFV MARKET STATS

Roaring Fork Valley AspenRealEstate.com Downtown Aspen 620 E. Hyman Avenue 970.925.8088 Snowmass Base Village 110 Carriage Way 970.924.9100 Basalt-Willits 364 Market Street 970.927.8188 Carbondale 201 Main Street 970.618.7092 Glenwood Springs 305 8th Street 970.945.8809 Woody Creek 6B Woody Creek Plaza 970.925.8088

Vail Valley

VailRealEstate.com Vail Lionshead Minturn Eagle-Vail Beaver Creek Avon + Wildridge Bachelor Gulch Arrowhead Singletree Edwards Lake Creek Cordillera Red Sky Ranch Wolcott + Bellyache Ridge Eagle Gypsum

On the Cover…

Summit County

Gant Condominium Under Contract in Hours 610 S West End St. H-204

1 BD

812 SF

Aspen Core

1 BA

$1,775,000

SummitCountyRealEstate.com Breckenridge Copper Mountain Dillon Frisco Keystone Silverthorne Clearwater

Premier condominium on the 2nd floor with easy elevator access. This, spacious corner unit offers quality finishes and in-unit washer and dryer.

Relax on one of the decks while enjoying spectacular views. Owner and guests receive access to amenities including a concierge, shuttle service, gym, cafe, 2 pools, 3 hot tubs, tennis courts, and more. Great rental history.

MARGI CRAWFORD 970.948.6116 mcrawford@sliferrfv.com

S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E

Denver

SliferDenver.com 2 Downtown Locations Riverfront Park | 1610 Little Raven The Coloradan | 1750 Wewatta Street