Snow Summit and Bear Mountain Ski Resorts Up For Sale
Snow Summit and Bear Mountain Ski Resorts have gone up for sale. Both resorts are currently owned by the same owners, Snow Summit Ski Corp.. You may recall Snow Summit bought Bear Mountain some years back, 2003 to be exact.
When Snow Summit bought Bear Mountain the sale was a measly $200,000. Bear Mountain was assessed and valued at $5.7 million in 2012. Snow Summit was also assessed at over $6.14 million.
Its my guess the sale, when a buyer is found and the properties sell, the combined value could be $14 to $15 million dollars. Not bad for a some slopes and lifts, not that I’m understating the resorts. We’ll see what happens….
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