Moity says he will finance the purchase. He paid $325,000 per unit, which he says is a fair price.
The units range from only having foundations to being 95% complete.
Units in Breckenridge have been selling from $400 to $600 per sf, and Moity says he expects these units in the Woods at Breckenridge will carry a premium. That's because they're next to a proposed gondola that Vail Resorts plans. Vail owns Breckenridge.
Units range in size from 2,145-sf to 3,873 -sf, which means the top unit could sell for more than $2.2 million.
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