AVON — Slifer Smith & Frampton recently announced that all 49 units are now sold at The Ascent condominiums at the base of Beaver Creek. The sales totalled $32 million over a two-year period — approximately 90 percent of the volume was sold in 2011. Units sold from mid-$300,000 to $1.1 million.
The project was launched and spearheaded by Condo Capital Solutions, a real estate investment and turnaround expert. The company purchased The Ascent in 2010, when the original developer of the property defaulted on the loan.
“The Ascent is an outstanding property and we are excited that all of its 49 units have now been purchased,” said Peter Wells, managing partner at Condo Capital Solutions. “The property’s location at the entrance to Beaver Creek Resort and amenities offer luxury at great value and made the property extremely desirable to buyers.”
For more information, go to www.vailrealestate.com.