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Moose Springs Goes in 8 Minutes

By 250 News

Thursday, July 13, 2006 12:44 PM

        
Moose Springs Resort courtesy of Ritchie Bros.

In just under eight minutes, the Moose Springs Resort sold today at the Ritchie Bros. Auction for just $650,000.00 dollars.

The bidding opened at 12:17 and closed at 12:24 p.m. and in those minutes, Terry and Sheila Beeton sat and watched ten years of their life go by.

It was Ritchie Bros lot number 4012 at today’s sale.

Before their "lot" came up for auction, Sheila Beeton talked with Opinion250 about how they hoped the new owner would be willing to have her and husband  Terry stay on  for a while and help with the transition. 

Although they planned on selling the nest they had groomed over the past ten years, Sheila said she expected to have very mixed emotions at the end of the auction.  "I know there will be tears, there will be a lot of mixed emotions here."

The past year had been very difficult for the Beeton's  personally because of health issues, but it had also been very a successful; business year with the resort being  booked solid with weddings, retreats, and hunting  bookings. 

As the Auction switched from  heavy equipment to real estate,  Terry started to pace and a friend of Sheila's brought her a box of kleenex.  Sheila turned to her husband and  asked for a kiss for goodluck.   She sat, and he rubbed her shoulder as lot 4012 came on the block.

In 8 minutes it was all over.  Moose Springs Resort,  the former radar station known as Baldy Hughes had been sold for $650 thousand.

Terry took Sheila's hand, and the couple quietly left the building.


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Comments

Looks like a lot for $650,000.00!
I suppose buildings over 50 years in age must require a fair bit of maintenance, which can be very costly.
I, for one, would not envy them the work and money expended to keep something like that in operation for 10 years.
If they feel sad, best they count their blessings if ill health was on the agenda in their daily lives. Perhaps now they can be relieved of the stress and work of keeping such a venture on the profit side. Expenses must have looked disastrous some months.
People never know the work and worry of keeping businesses going if they haven't been there.
Many sacrifices must be made.
Really not a lot of fun.
I was guessing it would sell for substantially more.
But as trusted already said, its a lot of upkeep I am sure to keep it going.

I with them happiness in their retirement, or whatever they choose to do now.
$650,000 dollars, eh? Looks to me to be a nice down payment for a "nice" house in Vancouver. Chump change in the world of our real estate boom now. Still, good for them.