Family gets into Spirit with second purchase
Edmonton’s Rick Mickleson is so enthusiastic about Spirit Ridge Resort and Spa in Osoyoos, you will want to jump on a plane and see what all the excitement is about.
Spirit Ridge was recently named one of the biggest resorts in B.C. in Business in Vancouver Magazine, and Rick says while it is lively enough for his tastes, it’s still quiet enough for his wife Barbara.
The Micklesons were so happy with their purchase at $170,000 for half-ownership of a two-bedroom vineyard villa in 2007, they sprung for half-ownership in a Phase II twobedroom vineyard villa for $270,000 in 2009.
The first villa is now revenue neutral, due to the property and rental management program operated through Bellstar Hotels and Resorts.
During the summer season, monthly rentals of the villas cost up to $6,675 to rent by non-owners.
Though half-ownership means that the Micklesons get full use of the villa every second month, they were finding that the schedule for the first villa did not always coincide with when they could get away.