People with money to burn
26-Nov-2008, 01:43 AM
#1
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People with money to burn
A resident of the town of Vail, Colo., said he is seeking $500,000 for his parking space in the Vail's Founders garage.
Buzz Schleper said the pricey parking space is on the top floor of the garage, which is across from the Christiana and a block from Vista Bahn Ski Rentals, the Daily News reported Tuesday.
That's what I think the going rate is going from now on, Schleper said of the spot's half-million dollar price tag. Parking is going up in Vail, and it's a block from the Vista Bahn.
Craig Denton, a real estate agent with Ron Byrne Associates, said the last parking spot to be sold in the Founders garage went for nearly $350,000 while another spot was nearly sold for $385,000 before the deal fell through.
There's always somebody out there who has money to spend on a good Vail parking spot, said Schleper, who listed the parking spot for sale Monday. I'm sure it'll sell. There's no hurry.
Copyright 2008 by United Press International
Publication date: 25 November 2008
Source: UPI-1-20081125-20213600-bc-us-parkingspace.xml
http://social.moldova.org/stiri/eng/167917/
Buzz Schleper said the pricey parking space is on the top floor of the garage, which is across from the Christiana and a block from Vista Bahn Ski Rentals, the Daily News reported Tuesday.
That's what I think the going rate is going from now on, Schleper said of the spot's half-million dollar price tag. Parking is going up in Vail, and it's a block from the Vista Bahn.
Craig Denton, a real estate agent with Ron Byrne Associates, said the last parking spot to be sold in the Founders garage went for nearly $350,000 while another spot was nearly sold for $385,000 before the deal fell through.
There's always somebody out there who has money to spend on a good Vail parking spot, said Schleper, who listed the parking spot for sale Monday. I'm sure it'll sell. There's no hurry.
Copyright 2008 by United Press International
Publication date: 25 November 2008
Source: UPI-1-20081125-20213600-bc-us-parkingspace.xml
http://social.moldova.org/stiri/eng/167917/
26-Nov-2008, 11:11 AM
#5
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Location: 400 & 401 / 404 & 401
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Perhaps one of those drivers should have something like this:
http://egyptianstories.blogspot.com/...nse-plate.html
http://egyptianstories.blogspot.com/...nse-plate.html
26-Nov-2008, 02:34 PM
#7
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Join Date: Jan 2006
Location: WOODBRIDGE
Posts: 1,785
Perhaps one of those drivers should have something like this:
http://egyptianstories.blogspot.com/...nse-plate.html
http://egyptianstories.blogspot.com/...nse-plate.html
27-Nov-2008, 02:58 PM
#11
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Join Date: Sep 2007
Posts: 97
It is not a waste of money if you can afford it.
Think about it, invest in the spot now for $500k, use it for however many years you need to, then sell it for more than you bought it for when you are done.
I would bet that even after adjusting for the opportunity cost of the $500k you would be making money on that deal. You would make money parking there compared to paying money, sounds good to me.
Think about it, invest in the spot now for $500k, use it for however many years you need to, then sell it for more than you bought it for when you are done.
I would bet that even after adjusting for the opportunity cost of the $500k you would be making money on that deal. You would make money parking there compared to paying money, sounds good to me.
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