|
Legally there
are 96 Antlers condominiums, but in four cases, 2 units have
been combined to form one, so functionally there are
only 92 units. The Association owns two of them (101 &
102), which are used for employee housing (the other 7
employee apartments are owned as common element and are
not legally separate units). So for all practical
purposes, there are 90 individually owned units. Of
those, 68 are in the original building and 22 in the
new. |
Owners toast the new pool. |
Of the 68
units in the original building, 67 of them are actively
in the rental program
Of the 22 new condominiums, 20 are actively rented. Obviously that
means 87 out of the 90 total (97%) get rented out on a
regular basis.
Of the 68 original
units, 11 of the owners (16%) are permanent residents of
Colorado.
Of the 22 new
condominiums, 8 of the owners (36%) are permanent
residents of Colorado. The permanent residence of all 90
condominiums pretty closely mirrors the origin of our
rental customers. The one exception is Florida, which is
home to only 2 of our owners, but is consistently one of
the top six or seven markets for our rental guests. This
is the number of owners who reside in each of these
states:
|
State |
#
of Owners |
Percentage |
|
CO |
19 |
21% |
|
IL |
11 |
12% |
|
NY |
8 |
9% |
|
TX |
6 |
7% |
|
CA |
6 |
7% |
|
MD |
6 |
7% |
|
MA |
4 |
4% |
|
OK |
3 |
3% |
|
VA |
3 |
3% |
No other state is home
to more than two Antlers owners. One condominium
has Mexican ownership, and another one Canadian.
Of the 68 units in the
original building, 45 of the owners bought their unit
more than ten years ago. 23 of those have owned for more
than twenty years and 10 are "charter" owners who bought
their condominium in 1973 when the Antlers was first
built.
Since 1983 there have
been 66 condominium sales (not counting the new units),
or an average of about 3 per year.
The ownership of five
condominiums has passed from parents to children. There
are at least a dozen more who have suggested they see
the same thing in their future.
Putting the demographics
aside, there's little doubt that the collective Antlers
ownership is the most progressive, thoughtful and
supportive group of owners to be found anywhere in the
Vail Valley. |
