Monday, September 29, 2008

Progress Continues - Fall is Here!


Cabin 6 has the roof on and the interior walls will be framed today. The plumber and HVAC contractors are starting tomorrow. Later this week the fire suppression company and the electrical contractor will begin their rough installation.

The metal roof is here and will be installed this week.

Next week windows, doors, and railing will all be delivered and installed.

This week we are also installing the septic tanks and lines and connecting the water lines.

Power will be installed in two weeks.

We are on schedule for an opening for Thanksgiving weekend.

Cabin 7 has begun. The photo of the new footings is for Cabin 7. We are going to build this one on the fast track. We hope to have it completed for use this winter (hopefully, February 1).

We are selling Quarter Ownerships in this cabin. This will be a great opportunity if you are interested in having a cabin that you can use but also place in the rental program. We already have one buyer for a quarter ownership in this cabin. The price for a quarter share is $225,000. As an incentive, we will pay 100% of the costs of operation for the entire first year. Therefore, owners will receive 100% of the rental revenue for the first year. We will still prepare the monthly accounting statements showing the costs. This will allow the owners to budget the nights they want to use and the nights they want to rent for year two. They will have a good idea of what the revenues and costs are so they can budget accordingly.

We really believe that Quarter Ownership is going to be a great program. It is our current plan to sell the remaining cabins under this program. For more information please contact Roger at roger@bearriverlodge.com or 801 971-4002.

Finally, we have made significant progress with the landscaping this year. We have additional landscaping ideas for next year including a waterfall from the cabins down to the fishing ponds. We will add more trees and shrubs in the spring as well.

Come on up! Fall is beautiful.

Roger

Sunday, September 21, 2008

Pool Party Success

Everyone had a great time at the pool party! There was a good turn out from our owners. If you weren't able to make it, we look forward to having you stay at the cabins soon! We had such a fun time, we're looking to make this an annual event! We finished up the BBQ just in time to escape a sudden downpour. Luckily, the rain only lasted a short time before the sun came out again and everyone was able to enjoy the new pool and hot tubs. We are so excited to have our renters and owners having fun and relaxing in the pool and hot tubs! The pool was at a wonderful 85 degrees and hot tubs were at 105. We have taken our small cabins out of the rentals to allow guests to enjoy the pool and hot tubs at any time, day or night, without disturbing other guests. The small cabins now house our helmets, suits, and boots for equipment rentals, and also a lounge with couches and a big screen TV for those who may be up just for the day. The pool will be closing as soon as the weather turns cold, but the hot tubs will be open year round. We hope you enjoy the pictures and come to visit us soon!


Sunday, September 14, 2008

Pool Party This Saturday the 20th

All Owners are invited to our Pool Party this Saturday, September 20th. The weather is supposed to be nice and we want everyone to get a chance to enjoy the pool before we have to close it for the winter.

For those who can't make it Saturday, the two hot-tubs will be open year round.

We are going to have a free BBQ for all Owners. So bring family and friends and come enjoy the day with us.

BBQ will run from 11:30 to 2:00. The pool and hot tubs will be open all day.

Join us. So we can plan for the BBQ please RSVP with Ashton (801) 798-1008 and let her know how many are coming.

Roger

Tuesday, September 9, 2008

Quarter Ownership Incentive!


We purchased the building permits for Cabins 7 and 8. Both of these will be five bedroom cabins and will be sold as Quarter Ownership. The price for a Quarter Ownership is $225,000.


We have one buyer for a Quarter Ownership in Cabin 7 and need three more. As an incentive for buyers we are offering to pay 100% of the costs for the first year. This means that all rental revenue received will be passed directly onto the Owners.


This is a great value and will increase the return and allow the owners to get a feel for what to expect in year two.


Yesterday, we took reservations for three nights in a five bedroom cabin for this winter. This was not for a holiday it was simply a Thursday, Friday, Saturday. The first night is a weeknight and it rented for $699, the next two nights are Friday and Saturday and they rented for $799 per night. The total rental revenue for this three day rental is $2,297. This is just for three nights. Each Quarter Owner is entitled to use the cabin for 91 nights per year. As you can see, it doesn't take much to make this a great opportunity.


I have rental histories for our other cabins and cost budgets for the five bedroom cabins.


The completion of the swimming pool, hot tubs, and landscaping, should help increase rentals.


What are you waiting for? Once these are sold they are sold. Now is the time to act.


Paying for the first year expenses is a limited time offer.


Come join us in this great opportunity.


Contact me for more information at roger@bearriverlodge.com or 801 971-4002.


Thanks.


Roger

Friday, September 5, 2008

We are hurrying to beat winter!

Yes, it did snow over Labor Day weekend. We got about two inches of snow but it melted within a day.

The weather this week has been great. The nights are cool and the days are very comfortable.

As you can see, the pool and hot tubs are full of water. We are expecting to turn on the heaters tomorrow and have the final inspections next week.

We have moved the office to the pool house and we will be removing the temporary work trailers. Landscaping of the front will continue once the trailers are moved.

Cabin 6 is progressing. We should have the roof on next week and have it closed in the following week.

As you can see in the cabin photo, our engineers have marked the corners for Cabins 7 and 8. We hope to begin digging these next week and pouring the footings and foundations within two weeks. We are selling quarter ownerships in these cabins. Now is the time to buy!

Let me know if you have any questions.

Roger


Wednesday, September 3, 2008

Fall Special-Rent One Night get One Night Half Off!




We are now running our Fall Rental Special of rent one night, get one night half off. This special runs until December 20, 2008 and excludes Holidays. Make reservations now to get a spot for the weekends. Fall is a beautiful time in the Uintas with all of the changing colors. The weather is also wonderful. Come use our new hot tubs and maybe even the pool before the temperatures drop!