Great Rental Income Potential $192,500 per fraction - Fractional Home
OWN A SECOND HOME IN MAMMOTH, CA
This beautiful 2,500 sq. ft. fractional home in Mammoth, CA has access to skiing, lakes, golf and abundant outdoor activities.
Mammoth Mountain is one of the finest Alpine Skiing destinations in the USA. Over thirty feet of snow falls onto the 11,053-foot summit, making the skiable 3,500 acres of terrain enjoyable for all. Choose from steep chutes, wide-open bowls, tree skiing, or well-groomed trails. Camps and lessons ensure all skill levels enjoy the mountain.
Welcome to the most extravagant home location in Mammoth. Located on the Sierra Star golf course, take advantage of the beautiful weather for hiking, biking, golf, and fun at the lakes and national parks and monuments.
ABOUT THE HOME
This luxury home is under construction with a 2019 completion date.
- BEDROOMS AND BATHROOMS: 4 bedrooms/3.5 bathrooms
- RESIDENCE SIZE: 2,500 sq feet
- AMENITIES AT THE RESIDENCE: Hot tub, heated floors, luxury furnishings
- A PRIVATE CLUB IN A GATED COMMUNITY: Clubhouse with a gym, a game room, a hot tub, and a swimming pool
YOUR OWNERSHIP USAGE
Your home usage is a guaranteed six weeks per year. Split and use your weeks anytime you desire, during all seasons. Stay for consecutive weeks or gift to friends and family. A dedicated concierge ensures you book the weeks you want.
Unused weeks can be submitted to the rental pool for income.
Space available weeks can be booked with 48 hours, and do not count towards your annual six-week usage.
We created the Mammoth Residence Fund for investors who want ownership of a vacation home but don’t want the high cost and maintenance responsibilities.
You will enjoy your second home and receive your investment appreciation when the home is sold in twelve years.
- 12-Year Hold Period
- Target Return on Capital: 1.5x
- Plus, high rental income potential
- Alterra plans significant ski resort enhancements during the next several years
- IKON pass membership is creating more travelers Mammoth Lakes
- Fund managers take care of all maintenance
- You can leave clothing and sports equipment at the residences
- A private shuttle is available to take your family to the slopes, the town, and to the restaurants in the Mammoth Lakes
- Access to ThirdHome and Elite Alliance exchanges for new vacation experiences.
ABOUT THE DEVELOPER
Our investors describe this as a “real-estate partnership that provides incredible vacations as part of your return on investment” and “a smart alternative to buying a vacation home.”
We have been investing in luxury vacation homes since 2012 and the Mammoth Lakes Fund is our third private equity fund.
For more information contact Marina Brennan at (858) 213-0579.
- Fraction Size: 1/7
- Days of Use: 42 Days