The Ranches at Belt Creek
What is a Shared Ranch?
How it Started
The recreation-driven buyer has returned, but they are cautious and very well acquainted with the market, as the internet provides easy access to a wealth of information. In addition to solid market knowledge and financial assessments, Buyers are often considering the amount of time they are able to utilize their recreation property, as typically these are not primary residence purchases. When Buyers conduct an honest assessment of how much time they have available to use a property, often they realize there are far more open weeks in the calendar than full ones. The concept of leveraging available time on properties that are under-utilized is not new; timeshare and fractional ownership has been part of the real estate landscape for many decades. Often they are focused on resort-style real estate with high demand and the pricing to match. A Shared Amenity Ranch in Montana is something many buyers are considering.
Not a timeshare
Unlike timeshares, which typically do not involve deeded ownership, shared ownership allows multiple parties to have deeded ownership in the same development. Just like any deeded ownership, these purchases can be conventionally financed and sold independently. There are several ways to structure shared ownership including forming corporations or buyers can simply take title with their percentage of ownership. The Ranches at Belt Creek is an excellent example of a shared ranch that provides access to a much larger Ranch than you can find anywhere else in Montana.