Janice Stitzer Opens Front Country Micro-Resort in Colorado Rockies, Achieving $2.3M Appraisal with $300K Investment.
🏖 Janice Stitzer, north of Denver, Colorado, purchased 12 acres for $111,000, sold five acres for $70,000, and built a property for $350,000, appraised at $600,000. She earns $20,000/year with zero investment. She planned a one-acre, seven-cabin development, costing $300,000. Financed via loan-to-value, she sought a $2.3M appraisal, which came back at $2.7M. The new Front Country Micro-Resort is now open.
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