Meadowlark Ski Area and Lodge

LO C AT E D I N T H E B I G H O R N M O U N TA I N S

MEADOWLARK SKI AREA AND LODGE

Dubbed the “Little Jackson Hole” of the Big Horns Meadowlark Ski Area and Lodge is located in the Big Horn Mountains between Buffalo and Tensleep, Wyoming just off highway 16. This resort boasts over 1,100 ft vertical drop, with lakeside and majestic Big Horn Mountain views. Dubbed the “Little Jackson Hole” of the Big Horns, Meadowlark Ski Area has over 320 acres and 35 trails of ski terrain for both beginner and expert skiers; with very challenging chutes in an area of Wyoming that averages over 300 inches in annual snowfall.

At the end of the day, one can join friends in the Meadowlark Lodge, which in its over 25,000 sq. ft. space provides food, beverages, and all of the rentals and ski shopping downstairs needed to support any level of skier.

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Price $3,750,000

Well-Rounded Operation Both Summer and Winter Two lifts support over 400 skiers per hour with one triple Doppelmayr main lift with new drive, AC motor new 24 volt touch screen system. As well, a Double SLI beginner lift with new AC drive, motor and 24 volt touch screen system make Meadowlark a turn-key operation for any ski area operator.

During the summer months Meadowlark Ski Area and Lodge provides a majestic location to over one dozen wedding venues from its stunning summit with incredible mountain and lake views.

Located on the shores of the stunning Meadowlark Lake with a base elevation of 8,500 feet, Meadowlark Ski Area and Lodge has engineered one of the longest zip lines in the lower 48; at over 1.2 miles, this is a very exciting venue to add to this operationthathasbeenopeneveryyear,profitably,forthepast 14 years. Excellent water source for snow making equipment combined with a base elevation of 8,500 feet and summer wedding activities while serving local communities like Sheridan, Buffalo, Gillette, Tensleep, Worland (and many more) make Meadowlark Ski Area and Lodge a very well-rounded operation.

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FEATURES

- Located off highway 16 - 1,100 ft vertical drop ski area - Averages over 300 inches in annual snowfall - Two lifts support over 400 skiers per hour - 25,000 sq. ft. lodge - Hosts food, beverages, and events - Rentals and ski shopping downstairs - Full county liquor licenses for adult beverages - Lakeside and majestic Big Horn Mountain views - Longest zip lines in the lower 48 Price $3,750,000 For more detailed information, please feel free to call Chopper Grassell at 307.231.2603 or Richard Frankovic at 307.620.2999.

Wyoming ONE OF THE MOST TAX FRIENDLY STATES Wyoming residents are better off than most. After all, Wyoming has been cited by Bloomberg Wealth Management magazine as the most tax friendly state in the country. We can stretch our hard-earned dollars further, whether buying real estate, leaving property to our heirs or buying a new mountain bike. Belowisalistofthetop10taxbenefitsonwhyitsbeneficialtoown

property in Wyoming.

No tax on the sale of real estate.

No state income tax.

With no state tax on personal or corporate income, you have more disposable income.

Dynasty trusts.

In Wyoming, you can shield your real estate from federal estate taxes for up to 1,000 years through a dynasty trust, which can beestablishedinWyomingforthebenefitofyourfamilyorotherbeneficiaries.Youcantransferyourrealestateintoalimited liability company or family partnership and then put that into the dynasty trust, which can continue for a thousand years. As a result, multiple generations can make use of and enjoy the property, without having to pay estate taxes or worse, having to sell the property in order to pay the taxes. A key point to remember: The trust must be administered in Wyoming.

No tax on out-of-state retirement income.

People in Jackson Hole who use Wyoming as a second home may have retirement income that comes from other states where they are a resident. Wyoming does not tax that retirement income earned outside of Wyoming, and if the participant is a resident of Wyoming when they take that income then the original state cannot tax that income either.

No state gift tax.

SomebodywhoownspropertyinWyomingcangiftthatrealestatetotheirheirswithouthavingtoworryaboutpayingastate gift tax.

No inheritance or estate tax.

Wyoming does not assess any state inheritance tax. Wyoming repealed its estate tax as of January 1, 2005.

Low property taxes.

Wyoming has very low property taxes compared to other states. The taxes that you do pay here are based on the assessed value of the property.

No excise taxes.

WhenyoufillupyourcarwithgasorbuyabagofgroceriesinWyoming,youwillnotpayanystatetaxonyourgasorfood.

No tax on mineral ownership.

Many states charge owners a tax on their mineral ownership, but Wyoming does not.

No intangible taxes.

Wyomingdoesntmakeyoupayataxonfinancialassetslikestocksandbonds.

CHOPPER GRASSELL 307.231.2603 | CHOPPERGRASSELL@JHREA.COM RICHARD FRANKOVIC 307.620.2999 | R.L.FRANKOVIC@GMAIL.COM

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