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Auction 06-1

100% SOLD - $24.5 Million
517 Fractional-Shares Sold in 6 1/2 Hours
185 Internet Bidders - 24% Sold Online


2006 Auction of The Year - Grand Champion
Awarded by the National Auctioneer's Association


LUXURY SKI CONDOMINIUM AUCTION
Steamboat Grand Resort Hotel & Condominiums
237 Fractional-Share Units
35 Whole Units*


Sale to be held at the Resort Hotel’s Priest Creek Ballroom
2300 Mt. Werner Circle Steamboat Springs, Colorado
Saturday, March 18, 2006 at 10AM (MST)

The Grand Summit Resort Hotel & Condominiums sits at the base of the World Famous Steamboat Ski Resort – a mountainside complex with year-round amenities. Just like the Grand Hotels of yesteryear, all the amenities are located on site – outdoor pool with (2) hot tubs, state-of-the-art fitness center, underground parking, day spa, (2) restaurants, (2) owner’s clubs, valet and bell services, and a four diamond AAA rated full resort hotel with 17,000 sq. foot conference center.

As a year-round resort, in addition to winter activities, summer time amenities include mountain biking and hiking trails, chairlift rides, fishing, horseback riding, several nearby golf courses and the shopping in Historic Steamboat.

As a 1/8 fractional-share owner, use of your luxurious unit is available 6-7 weeks per year with world-class hotel service. Owners can get special privileges at Grand Summit Resort Hotels nationwide and access to over 3,000 resorts worldwide through the Resort Condominiums International (RCI) Program. Studio, 1, 2, 3, & 4 bedroom condominiums and luxury penthouses, all with multiple floor plans, are available to choose from offering accommodations for 2 to 16 people. Units can be purchased as 1/8, 1/4, 1/2, and 3/4 fractional-shares, or purchase all (8) 1/8 fractional-shares within the same unit and own the entire condominium.

All units are appointed with top of the line furniture and appliances. Hardwood custom cabinetry and polished granite counter tops are in all kitchens and bathrooms. All units have fully equipped kitchens or kitchenettes, color TV's and DVD/VCR's, CD players, dual phone lines with fax, modem hookups and wireless internet, coffee makers, hair dryers, robes, ironing boards and irons. Most units have gas fireplaces and decks. Your view is either a gorgeous mountain vista or the beautiful Yampa Valley.

The Steamboat Grand Resort Hotel & Condominiums has eight luxury penthouses located on the 7th floor. All of these private residences feature exquisite 7th floor views, gas fireplaces, tumbled slate accents, granite countertops and vanities, Berber carpeting, slate and hardwood floors, elegant mountain furnishings, spacious galley kitchens, formal dining areas, walk-in closets, whirlpool tubs, and washers/dryers. Most units have lofts, see-through gas fireplaces, saunas and balconies.

Previews: Daily previews on select units.

Financing: Financing is available to pre-qualified buyers. Visit auction web site at SteamboatGrandAuction.com for more details.

Buyer’s Broker Participation Program Available

Terms: A $5,000.00 deposit per 1/8th share, $40,000.00 for a whole unit, in US funds, cash; certified or cashier’s check; or credit card (Visa, M/C, Amex, Discover) deposited with Auctioneer day of sale as a qualification to bid. Balance due and payable within 30 days from date of public sale. A 10% Buyer’s Premium will be added to the high bid price. For more information, Property Information Package (PIP) and condominium documents:
www.SteamboatGrandAuction.com

877-754-4647

*This information is subject to inspection and verification by all parties. Neither the Seller or its agents will be liable for inaccuracies, errors or omissions. All square footage and dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or canceled without notice at any time. This is not a solicitation or offering to residents of any state where this offering is prohibited by law including New York and California. A whole ownership consists of eight 1/8th ownership shares within the same unit.


















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