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mounted to a $1.8 million investment, creating one of the major ski areas in the North Carolina - Virginia - Pennsylvania area, and further developing the property with “Alpine vacation homes.”
GAMBLE HAS owned the property since December 14, when he agreed to pay $275,000 for 370 acres, plus an additional $15,000 for an additional inventory of T-Bar, 30 snow guns, night lights, rope tows and sundry equipment.
Gamble paid a $40,000 cash down payment. Then the 20-year advertising veteran spent $250,000 in improvements to the property, including a chair lift, murals painted by Corcoran Gallery students, decking around the ski lodge to create an area with 12 slopes, night lighting, — all, to quote Gamble, for what was about to become “a viable ski area.”
First Mark Sandground, in questioning his client,
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