Slifer Smith & Frampton Real Estate | March 2, 2021 | Portfolio

SLIFER SMITH & FRAMPTON

R E A L E S TAT E

P ORTF OL I O OF ROA RI N G FO RK VALLEY PRO PERT IES | MAR C H 2 – 8, 2021

SNOWMASS VILLAGE 45 WOOD ROAD, #301 2 BD | 2 BA | 1,630 SF | $2,850,000 Fully-furnished residence with expansive glass windows running the length of the great room and kitchen. Center kitchen island perfect for family gathering. Other features: European Gaggenau appliances, intimate dining alcove, deck off the great room and guest bedroom, plus a strong rental history.

THEO WILLIAMS Broker Associate 970.355.0456 theo@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

TENANT IMPROVEMENT WHAT IS IT AND WHO PAYS? In a Landlord/Entrepreneur and Tenant/ Entrepreneur relationship this can be a big part of the negotiation and the long-term future of the space. Tenant improvements generally refers to improvements or changes the new tenant plans to make to the space. Many types of changes can alter the space permanently.

Take for example, a tenant who wants to convert retail space to a restaurant. Typically, this is a very extensive improvement due to revamping plumbing, electrical and HVAC. Discussion about who pays for what is incredibly important here prior to signing the lease. Most infrastructure improvements will be left behind when the tenant vacates.

Landlord/Entrepreneurs should consider: · If the space is permanently changed, will it fit into my future plans for the space? · If it does, who is going to pay for it? · If the tenant leaves what can they take with them? · How does the space function after they remove what they are entitled to?

Tenant/Entrepreneurs should consider: · If plans entail a major infrastructure project, will the Landlord/Entrepreneur participate in some form? (cash, free rent period, loan paid back over the course of the lease…) · Is the lease clear about what stays and goes when you leave? · Does your budget and proforma support the improvements you will have to make?

GYPSUM | 1100 Buckhorn Valley | $1,515,000 MOUNTAIN GATEWAY | Currently performing at approx. 6 CAP with rent in the area rising. The community consists of 48 condominiums in 12 separate four-plex buildings. Own a whole building with high-end finishes such as quartz countertops, stainless-steel appliances, and private storage. The common area is maintained by the HOA making management simpler. A pro forma is available.

Chad Cremonese | Broker Associate | 970.306.2332 | chadc@slifer.net Co-Listing Brokers: Team K2 | Kim Bradley & Kelly Moser | k2@slifer.net

The time to answer these questions is before you execute the lease. We are here to help!!

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

NEW CASTLE | TBD Castle Valley Blvd. | $2,800,000 LAND – COMMERCIAL RETAIL | 4.76 ACRES | Approved PUD in place on this acreage off I-70. High traffic, high visibility location for retail shops, residential, professional office or in-line center. This property is located across the street from McDonald’s and Kum&Go, Alpine Bank, New Castle Diner, and City Market. Unparalleled traffic count.

Shilo Bartlett | Broker Associate | 970.319.0064 | sbartlett@sliferrfv.com

MIKE EATON full-service development broker

CHAD CREMONESE development + commercial broker | Vail Valley

ROARI NG FOR K VA LLEY

CARBONDALE | 14913 Highway 82, Unit 131 | $565,000 2 BD | 2 BA | 1,200 SF | Beautifully furnished, contemporary condo located at the Ranch at Roaring Fork.

Meticulously maintained and completely renovated, this elevated pond-side condo is arguably one of the best in the neighborhood. Close proximity to downtown Carbondale and Willits. Enjoy all the wonderful amenities the Ranch has to offer.

AMANDA REDMOND + STEPHANIE REDMOND THE REDMOND TEAM Broker Associates 970.922.8846 redmondteam@sliferrfv.com

JUST SOLD

WOODY CREEK | 176 Letey Lane | $3,750,000 5 BD | 3 BA | 4,751 SF | Incredible riverfront property offered for the first time by the original family owners.

This listing offers an ideal, 5 flat acres with water rights making it perfect for a redevelopment opportunity or potential extensive remodel. This serene residence is located within the Aspen school district.

KRISTA KLEES Broker Associate 970.379.0173 krista@sliferrfv.com

March 2 – 8 | AspenRealEstate.com

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ROARI NG FOR K VA LLEY

SNOWMASS VILLAGE 130 Wood Road, #731 3 BD | 3 BA | 1,644 SF $2,050,000 A corner residence with south-facing views of the Snowmass Cirque ridgeline and Assay ski hill. Enjoy this fully-furnished condo with an upstairs master suite/studio lockoff and breakfast balcony with direct sunlight. Owners have access to the finest amenities and services offered in Snowmass, including 24-hour front desk, concierge, cafe and restaurant, valet parking, ski valet service, boot fitting and ski ticket purchase, and so much more. Dedicated on-site owner services and rental management program with excellent rental data available for prospective buyer review.

SLOPESIDE CONDO IN THE HEART OF SNOWMASS BASE VILLAGE

MONICA MONTANY Broker Associate 970.452.1985 monica@sliferrfv.com

March 2 – 8 | AspenRealEstate.com

E S C AP E TO YO U R H A P PY P LAC E

SSF Mastery in the Market.

R E C E N T SALE S R OA R I N G FORK VA L L E Y

THE REDMOND TEAM Broker Associates 970.922.8846 redmondteam@sliferrfv.com AMANDA REDMOND + STEPHANIE REDMOND

THEO WILLIAMS Broker Associate 970.355.0456 theo@sliferrfv.com

Snowmass Village | 61 Wood Road, #2 3 BD | 3 BA | $3,900,000

Snowmass Village | 77 Wood Road #503E 3 BD | 3 BA | $3,300,000

THEO WILLIAMS | 970.355.0456

CHRIS SEARLES | 970.333.0283 THEO WILLIAMS | 970.355.0456

Snowmass Village | 45 Wood Road, #603W 4 BD | 4 BA | $4,650,000

Carbondale | 218 East Valley Road Commercial | $413,700

CHRIS SEARLES | 970.333.0283 CATIE FLEMING | 970.366.2034

MIKE MERCATORIS | 970.618.7092 BOB LANGLEY | 970.948.0001

Glenwood Springs | 716 Cooper Avenue Commercial | $750,000

Carbondale | 14913 Highway 82 2 BD | 2 BA | $565,000

SHILO BARTLETT | 970.319.0064

THE REDMOND TEAM | 970.922.8846 COREY CROCKER | 970.445.7259

CHRIS SEARLES Broker Associate 970.333.0283 chris@sliferrfv.com

CATIE FLEMING Broker Associate 970.366.2034 cfleming@sliferrfv.com

MIKE MERCATORIS Broker Associate 970.618.7092 mmercatoris@sliferrfv.com

BOB LANGLEY Broker Associate 970.948.0001 rlangley@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

ROARI NG FOR K VA LLEY

UND E R CON T R AC T ROA RING FORK VA L L EY

SSF Mastery in the Market.

ROD WOELFLE Broker Associate 970.404.3882 rodw@sliferrfv.com SARAH WOELFLE Broker Associate 970.319.9583 sarahw@sliferrfv.com

Snowmass Village | Havens Fanny Hill, #2 3 BD | 4 BA | $6,400,000

Snowmass Village | 400 Wood Road, #1118 3 BD | 3 BA | $1,150,000

STEVE HARRIAGE | 970.355.4646

MONICA MONTANY | 970.452.1985

SHILO BARTLETT Broker Associate 970.319.0064 sbartlett@sliferrfv.com

MONICA MONTANY Broker Associate 970.452.1985 monica@sliferrfv.com

Snowmass Village | Havens Fanny Hill, #8 4 BD | 5 BA | $7,600,000

Carbondale | 851 Latigo Loop 3 BD | 3 BA | $897,500

STEVE HARRIAGE | 970.355.4646

COREY CROCKER | 970.445.7259

STEVE HARRIAGE Director of Sales, Havens 970.355.4646 steve@sliferrfv.com

COREY CROCKER Broker Associate 970.445.7259 ccrocker@sliferrfv.com

Glenwood Springs | 1329 Pitkin Avenue, #24 2 BD | 1 BA | $349,000

New Castle | 58 Foxwood Lane 3 BD | 3 BA | $375,000

ROD WOELFLE | 970.404.3882 SARAH WOELFLE | 970.319.9583

SHILO BARTLETT | 970.319.0064

March 2 – 8 | AspenRealEstate.com

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ROARING FORK VALLEY | AspenRealEstate.com

VAIL VALLEY | VailRealEstate.com

Downtown Aspen 620 E. Hyman Ave, 970.925.8088 Snowmass Base Village 110 Carriage Way, 970.924.9100 Basalt-Willits 364 Market Street, 970.927.8188

Vail Lionshead Minturn Eagle-Vail Beaver Creek Avon + Wildridge

Carbondale 201 Main Street, 970.618.7092 Glenwood Springs 305 8th Street, 970.945.8809 Woody Creek 6B Woody Creek Plz, 970.710.2626

Bachelor Gulch Arrowhead Singletree Edwards Lake Creek

SUMMIT COUNTY | SummitCountyRealEstate.com

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Breckenridge Copper Mountain Dillon

1610 Little Raven | Downtown Denver

Frisco Keystone

Silverthorne Clearwater

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Cordillera Red Sky Ranch Wolcott + Bellyache Ridge Eagle Gypsum