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RIVER RUN - FREQUENTLY ASKED QUESTIONS

FAQ

Revised July 23, 2019

THE FOLLOWING IMPORTANT NEW INFORMATION IS CONTAINED HEREIN:

A. A significant reduction in the monthly Community Membership/Site Rental fee.
B. The inclusion of a clothes washer-dryer unit in the River Run homes.
C. A modification of the amenities planned for the River Run Community.
D. An accelerated time table for developing the first 13 home sites at River Run and selling the first homes to meet demand for early occupancy.

Who is the developer of River Run?

River Run Colorado, LLC (RRC) will develop the River Run residential community (“River Run”) adjacent to the associated Glenwood Springs West/Colorado River KOA Holiday (the “KOA”) located in the Town of Silt, Garfield County, Colorado.

What is your mission?

Our mission is to plan, develop, market and manage a fairly-priced, thoughtfully designed and environmentally sensitive tiny home residential community in Silt, Colorado, to be known as River Run.

What is your vision for River Run?

River Run will consist of 70 generously-sized (approximately 2,500 square feet), well-spaced and attractively landscaped home sites on 6-acres adjacent to the KOA, where the residents can savor the benefits of tiny home living. Residents will have easy access to 3,000 feet of frontage along the Colorado River, with all of the fishing and other water-related activities that implies. All the attractively landscaped sites will have a concrete patio, fire pit and parking for two cars. Residents will enjoy inspiring views of the surrounding Roan Plateau, Mamm Peaks and Battlement Mesa from their home decks, and the year-round outdoor wonderland that is the Colorado Western slope will be within easy driving distance.

Why tiny homes?

Tiny homes mean lower cost, simplified lifestyle, reduced environmental impact, greater energy efficiency and easier maintenance compared to other residential options. The tiny homes that will be available at River Run represent an attractive housing option for both individual buyers and for employers seeking housing solutions for their employees.

Where can I see the model tiny home?

The model home that was built to CCR’s high standards, and that includes many features not common in tiny homes, can be seen on weekends, from 10am to 2pm. In addition, a virtual tour of the home is available at www.TinyHomesAtRiverRun.com.

Where will River Run be located relative to the KOA?

River Run will be located on six acres north of the west end of the KOA. The River Run site has been flagged and can be viewed from the model home.

What are the open houses accomplishing?

The open houses are providing valuable feedback from visitors. The feedback we have gotten since Memorial Day weekend has led us to eliminate some amenities in favor of a lower monthly Community Membership/Site Rental Fee, and to add integrated clothes washer-dryers to each home to replace the original Community Laundry concept.

How are you responding to the significant interest shown in site rentals and home purchases shown by visitors to open houses?

  • We sought and received approval from the Town of Silt for development of the first 13 home sites on the six-acre River Run parcel. The approval allows us to provide temporary access to the 13 sites from the KOA.
  • We also negotiated a definitive contract with the home manufacturer covering the initial homes that will be available for purchase.

What amenities are planned for River Run?

River Run will offer amenities that include attractive landscaping, tree-shaded open-space, a community garden and a dog park. Community Members will be able to access the Colorado River as well as the KOA boat ramp and convenience store.

What services will Community Members receive?

Community Members will enjoy full community management as well as maintenance of common areas and home sites, to include irrigation, fertilization, mowing, pruning, leaf collection, snow removal, and the like.

What are the general characteristics of the homes that will be available at River Run?

The homes that will be available for purchase will be 12 feet wide and 33 feet long, with an interior height of 12 feet. The homes will have 520 square feet of living space, including a master bedroom that can accommodate a queen size bed, an upstairs half-height, 120 square foot sleeping loft, and two 120 square foot covered decks — front and rear. The homes will be “green-built” and energy efficient, and will include features not typically found in tiny homes, including stone fireplaces, wood clad interiors, in-floor radiant heat, mini-split air conditioning and Corian-like countertops and composite deck material.

What furnishings will the homes have?

The homes will come with the following – refrigerator, range with oven, microwave oven, dishwasher, integrated clothes washer/dryer and ceiling lighting.

Who will build the homes at River Run, and when might they be available for occupancy?

The homes at River Run will be factory-built by Sprout Tiny Homes, LLC, of Pueblo, Colorado, to the design and specifications developed by RRC. RRC will facilitate the placement of home purchase orders with this Colorado-based manufacturer and will be responsible for inspecting the home and certifying its proper delivery to the River Run home site. The homes will carry a two-year warranty from the manufacturer.

What happens to a home once it leaves the manufacturing facility?

The home will be towed by the manufacturer to River Run on a wheeled chassis. It will then be placed on the fully landscaped home site and will be blocked, leveled, tied-down and skirted. The home will be connected to utilities (water, sewer, electricity) that will be separately metered and billed monthly to homeowners. Conduit will also be available at each site for cable TV, internet and landline phone service from Comcast at the homeowner’s option and cost.

In what ways will the homes at River Run differ from one another?

Although the home interiors will all be substantially the same, there will be three exterior color combinations and siding variations, and some models will have only a front covered deck.

How much will it cost to rent a home site at River Run?

The initial Site Rental/Community Membership Fee will be $750 per month, exclusive of utilities.

How much will the homes cost?

The initial selling price of the homes will be $92,500.

Will there be financing options available to home buyers?

We are encouraging local banks to offer financing options to buyers of homes at River Run. Buyers are also free to seek their own financing.

Do you have plans to deal with the likely need of tiny home owners for additional storage space?

We have plans to develop multi-story buildings along the north and west boundaries of River Run to serve the dual purpose of frontage road screening and highway noise attenuation. The buildings will provide space for indoor parking and self-storage of personal goods that can be rented by River Run residents and others at rates that will be competitive with similar self-storage facilities in the area.

May I bring my own tiny home and place it on one of your home sites that I would lease?

Preference in the leasing of home sites will be given to purchasers of the homes designed by and manufactured to the design and specifications developed by RRC. RRC will consider renting home sites to owners of other tiny homes on a case by case basis.

May I remove my home from River Run?

Owners of homes at River Run may move those homes away from River Run subject to satisfaction of the home site lease terms and payment of a “removal fee” to cover the cost of restoring the home site to its original condition and other expenses that RRC may incur related to the home removal. As an option to removing the home, RRC anticipates offering a home-resale/long-term rental service to residents of River Run for a competitive fee to be determined.

Can I rent out my home to others on a short-term basis?

In an effort to create a true sense of community within River Run, rentals of homes for periods of less than one year will be discouraged.

What public transportation is available to and from River Run?

The Roaring Fork Transportation Authority provides service from the Fire House in Silt west to Rifle and east to West Glenwood and then south to Carbondale and Aspen.