Alpine River Club Looks To Sell Yampa River Real Estate
By: Destination Club News
Date: August 2, 2009
The Alpine River Club has listed the 514 acre Yampa Tailwaters Preserve for a reported $28 million just 22 months after it sold for $19.4 million.
A companion club to Pennsylvania’s Spring Ridge Club, The Alpine River Club is a fishing focused club that provides members access to prime fishing locales. Resembling a destination club model, after the club acquires a certain amount of new members, the club purchases a new “beat” for members to access.
According to reports, the club is looking to liquidate the valuable property so that they can purchase more total miles of trout streams and less expensive properties for members to access.
According to the club, a seven stage plan is undertaken by the club when purchasing new land.
- Evaluate: The club takes measurements of water chemistry and temperature to gauge its potential.
- Plan: A “long-term conservation plan” is created to maintain and enhance the land’s fishing experiences.
- Improve: Over the next three to five years, Alpine River implements the conservation plan.
- Rest: Streams include budgeted down time to maintain pristine fishing conditions.
- Catch and Release: Limited to fly fishing, the club works to keep fishing populations healthy and strong.
- Rod Limits: The number of anglers is limited by property and day.
- Vigilance: Repair club streams from both the impact of members and nature.
Fishing themed destination clubs are not the only specialty clubs in the sector. The Markers Club has recently expanded their reach, but has long been devoted their club to providing members exemplary golf experience. The as yet launched Moncasa Private Club Residences will focus exclusively on beach properties in the Caribbean. Prior to their bankruptcy, High Country Club was created to provide members superior access to a collection of ski properties. Run by the same executive team, Fly Fishing Destinations and Ski Destinations both had obvious dedications. The Presnell Sporting Collection was built for the luxury outdoorsman, looking to partake in once in a lifetime hunting and fishing excursions around the globe.
The majority of these clubs launched during the peak of the destination club industry, when clubs small and large recorded record sales. With the destination club sector enveloped in a difficult 2009 as a result of the economy, it is less likely that any other specialty clubs will emerge in the near future.
While these clubs do have their own specific visions, like other destination clubs, you should conduct a review of the club and their financial position prior to joining. To receive a list of suggested due diligence questions, request a free copy of our Destination Club Guide.