Group Buy -

Ron

Ron

Dum Spiro Spero
Moderator
Joined
Apr 16, 2005
Location
Sharon, SC
I've got an idea.
Hear me out, here boys.

I think we should pool our money and buy a college.
From the ad:
Are you in the market for an indoor swimming pool? What about a library or a 400-seat theater? Perhaps 33 classrooms? Or maybe a piece of property that has all of these, and a carbon-neutral heating system as a bonus?


That's what's on offer in the auction of Green Mountain College's campus in Vermont, with the bidding starting at $3 million.


The defunct liberal arts college and its 155 acres will go to auction on August 18 at 1 p.m., according to a news release from Maltz Auctions. The property was appraised in 2016 at $20 million.


Green Mountain College announced the closure in January 2019, saying the campus and its operations were no longer financially viable. The nearly 200-year-old private college in Poultney was known for programs in environmental and social sustainability.
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Bids for a Closed Vermont College Campus Will Start at $3M

Im in for $350...whose got the other $2,999,650?
 
As someone who was born and raised in VT, I can tell you the taxes on this purchase are going to suck! $20m appraisal, you will probably pay $35k/month in property taxes.

Other than the winters lasting 6-8months....and the taxes it is a fantastic place!

I actually think I played football pre-season scrimmage at green mountain college.
 
It's too far north of my own personal Mason dixon line (Sanford) to own, but I may come visit as long as I can fly over the shit hole states.
 
ghost said:
I dream of having something like that some day. just not that far north....
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Same here. Hoping to find something like that in Rockingham county.
 
Tacoma747 said:
I am just glad that a liberal arts college has gone defunct.
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"The nearly 200-year-old private college in Poultney was known for programs in environmental and social sustainability."
 
jeepinmatt said:
"The nearly 200-year-old private college in Poultney was known for programs in environmental and social sustainability."
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Maybe that gives hope that having liberal mindsets are sustainable, and we just have to wait them out.
 
1-tonmudder said:
IIRC thats been for sale for a while.I saw it listed just after it had been logged.
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Yeah, about 800ft wide stripe up the side of East River Mountain. The access roads aren't contiguous across the property, either.
 
Loganwayne said:
property in Rockingham county is stupid expensive comparatively because all the deer hunters think all the big deer come from there.
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Depends on who you know and the attitude you have when eating local.

Buddy of mine just bought 25 acres off of 704/65 for $4400 an acre. Really nice piece of property. He got it simply by eating at Elizabeth's in Wentworth one day while looking for property and striking up a conversation with an older gentleman there.
 
cranbiz said:
Depends on who you know and the attitude you have when eating local.

Buddy of mine just bought 25 acres off of 704/65 for $4400 an acre. Really nice piece of property. He got it simply by eating at Elizabeth's in Wentworth one day while looking for property and striking up a conversation with an older gentleman there.
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That seems to be about the going price for good land up in Rockingham county from what I have seen. The land in the southern part, is slowly getting bought up by developers. Especially land near I-73. I really don't want to build again. I prefer to just find a turnkey setup, but I doubt that is going to happen.
 
drkelly said:
That seems to be about the going price for good land up in Rockingham county from what I have seen. The land in the southern part, is slowly getting bought up by developers. Especially land near I-73. I really don't want to build again. I prefer to just find a turnkey setup, but I doubt that is going to happen.
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It;s out there, you just have to be constantly looking at MLS (any internet realty site is just about useless as their listings are a couple days delayed from initial listing) and act really quick if you see something.
 
cranbiz said:
Depends on who you know and the attitude you have when eating local.

Buddy of mine just bought 25 acres off of 704/65 for $4400 an acre. Really nice piece of property. He got it simply by eating at Elizabeth's in Wentworth one day while looking for property and striking up a conversation with an older gentleman there.
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That really does work. When we were looking for property, I ate by myself at Bojangles one day. Old lady was sitting in the booth directly in front of me. I said hello, one thing lead to another, as I found that she and her family all lived in the area of the county we wanted to be. Told her we were hunting land and gave her my number. A couple of months later, she called. Had talked with her sons, and decided to parcel out 25-30 acres from their land at a dang good price, if I was still interested. Unfortunately, that call came just after we closed on the land we did buy.
 
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