Colorado Mountain College sale of Vail Campus finalized
Colorado Mountain College, CMC, Vail Campus, has been sold to 1310 Buffalo Properties, LLC. The 15,000-square-foot building, located in Cascade Village in Vail, closed for a selling price of $2.86 million after two years on the market.
Replacing the existing space, and in conjunction with Cascade Village Theatre, are plans for the development of 11 residences and commercial, office and retail space. Process for approval of the project has been underway for several months.
CMC moved their Vail-Eagle Valley campus to a larger facility in Edwards. After 20 years in the Cascade Village location, campus operations began in late 2004 in the new 30,000-square-foot building.
Mike Devins, Broker RE/MAX Vail Valley, and Bob Behrens, RE/MAX Alliance Commercial Division Denver, represented the college in the sale. Devins was a graduate of CMC programs in real estate and as an emergency medical technician.
Following closing, Devins and Behrens donated a portion of their commission on the sale to CMC. In gratitude, the college has named a faculty work room at the Vail-Eagle Valley Campus in recognition of that $10,000 donation.
CMC, founded in 1967, is a community college that serves the educational needs of a population spread across 12,000 square miles in western Colorado through multiple sites situated on seven campuses. CMC’s other commuter sites are in Eagle, Rifle, Glenwood Springs, Carbondale, Aspen, Breckenridge, Dillon and Buena Vista. The college also has residential sites in Steamboat Springs, Leadville and Spring Valley.
For more information about this sale or other real estate matters contact Mike Devins, RE/MAX Vail Valley at (970) 390-3513 – cell, or at (970) 766-7355, by e-mail at firstname.lastname@example.org, or visit the website at http://www.remax-vail-co.com.
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Vail’s updated plans regarding the state guidelines and isolation housing requirements is one of several pieces of information guests are waiting on heading into the 2020-21 season.