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jazzman · 03-05-2019, 06:43 PM

So oddly it was sold to a guy who seems to own a construction business for 5.6M. I wonder if a flip is in the works? I assume the place has been maintained over the years. There are always lights on and the landscape team spends all day Thursday there

I'd think the town of Alton will have to change the valuation to something close to the sales price given it took 4 years to sell. That will lose the town ~60k a year in taxes and I bet the other property will sell for even less.

I wonder how many dollars per night it cost Mr Bahre to stay there given the huge loss he must have taken? In the 6 years I've lived across from it there has almost never been signs of life there other than Nascar weekends and party he'd have every August.

03-05-2019, 06:43 PM	#59
jazzman Senior Member Join Date: Jul 2011 Location: Mont Vernon NH & Big Barndoor Island Posts: 320 Thanks: 4 Thanked 184 Times in 62 Posts	So oddly it was sold to a guy who seems to own a construction business for 5.6M. I wonder if a flip is in the works? I assume the place has been maintained over the years. There are always lights on and the landscape team spends all day Thursday there I'd think the town of Alton will have to change the valuation to something close to the sales price given it took 4 years to sell. That will lose the town ~60k a year in taxes and I bet the other property will sell for even less. I wonder how many dollars per night it cost Mr Bahre to stay there given the huge loss he must have taken? In the 6 years I've lived across from it there has almost never been signs of life there other than Nascar weekends and party he'd have every August.