Gondola Vista is a new 20 unit townhouse project under the Heavenly gondola at South Lake. It is specifically designed for the luxury vacation rental market, and the mix of 4, 5, and 6 bedroom units can be yours for a cool $98,000,000 or an average of a scooch below $5M each. The LoopNet listing is HERE.

The nights I checked were in the $800-1000 per night range. With an 80% mortgage, principal and interest would run $20,000 per month per unit. I can’t see any world where this is a good investment, but I can be schooled.