Mystic Miner Ski Area Goes Up For Auction After Owner Fails To Pay Mortgage

Mystic Miner Ski Area Goes Up For Auction After Owner Fails To Pay Mortgage

ALL

Mystic Miner Ski Area Goes Up For Auction After Owner Fails To Pay Mortgage

Mystic Miner Mountain Resort will be sold to the highest bidder this morning reports the Rapid City Journal.

Related: Montana Ski Resort for Only $3.5 Million

All you have to do is show up on the steps of the Lawrence County Courthouse and throw down the winning bid. The Black Hills ski area just outside Lead, South Dakota is being auctioned off after its owners reportedly failed to pay $3.7 million the necessary mortgage for the ski area.

On July 18 of this year, a judgment was handed down in Deadwood, SD that Union Resort LLC, had failed to satisfy the resort’s debt. Then on Aug. 2, there was a decree of foreclosure against the same defendants, which would eventually lead to the sheriff’s auction.

Mountain Stats

  • Average Annual Snowfall – 200″
  • Vertical Drop – 850′
  • Summit Elevation – 6,850′
  • Trails – 44
 

The Latest

More Unofficial Networks
Home