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Private/Membership Pools
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Locally, we have no public pools that can be used for lap swimming. While building that county, they swore is it was an Olympic sized lap pool. Not sure when a wading pool met that description, but so be it.

A few of us are starting to explore the idea of a privately funded/membership style set-up for those in town who would like to do lap swimming. Does anyone here have experience in that area and have any comments to share?

We aren't interested in the hassle of allowing tons of people so the user base would probably be limited to those that financial backed it. Maybe some smaller outside groups.
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Re: Private/Membership Pools [Traket92x] [ In reply to ]
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So are you looking to get financial backing from X amount of people, build an Olympic lap pool, then charge a membership fee for X amount of people + the initial financial backers.

Do I have this right?
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Re: Private/Membership Pools [Twinkie] [ In reply to ]
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Twinkie wrote:
So are you looking to get financial backing from X amount of people, build an Olympic lap pool, then charge a membership fee for X amount of people + the initial financial backers.

Do I have this right?

Pretty much. Although the initial thought was to use ownership stakes + dues for controlling access and shared cost.

We would be looking at a 25m pool.
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Re: Private/Membership Pools [Traket92x] [ In reply to ]
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Traket92x wrote:
Twinkie wrote:
So are you looking to get financial backing from X amount of people, build an Olympic lap pool, then charge a membership fee for X amount of people + the initial financial backers.

Do I have this right?


Pretty much. Although the initial thought was to use ownership stakes + dues for controlling access and shared cost.

We would be looking at a 25m pool.

Best of luck.

My thoughts, based on the time writing up proposals, searching our investors, loans, etc. I would just get a vasa trainer, or just not swim in a pool and so OWS only in the summer.
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Re: Private/Membership Pools [Traket92x] [ In reply to ]
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How much do you think a 50m pool costs to build and maintain?

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Re: Private/Membership Pools [SnappingT] [ In reply to ]
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SnappingT wrote:
How much do you think a 50m pool costs to build and maintain?

Very early on in this so I don’t have a figure yet. Would love input. Would imagine more than 2x a 25m.
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Re: Private/Membership Pools [Traket92x] [ In reply to ]
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Pacific Sands Cabana Club. Im not a member but I remember they did a total rebuild of their pool a few years back and they had to hit the membership up for a large assessment to stay afloat. Not sure exactly how it worked out but they now charge $1k to join payable in three payments. . Here is the link https://www.cabanaclubhb.org/ I cant see how doing this would be financially feasible if you are starting from scratch.
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Re: Private/Membership Pools [Traket92x] [ In reply to ]
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A very inexpensive 8 lane, 50m pool, you act as the contractor and pull everyone together, would be somewhere around $650-750k. That's a very optimistic cost and that doesn't count the cost of the land.

http://www.magnoliamasters.com
http://www.snappingtortuga.com
http://www.swimeasyspeed.com
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Re: Private/Membership Pools [Traket92x] [ In reply to ]
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I can add this also: I live in a tract with a HOA and its ONLY purpose is to maintain a pool The pool is 25yds and about 4 lanes wide so its pretty big. Its only heated May to Sept and there are 105 houses and the annual dues to maintain the pool is $450 and that includes reserves. So the total cost is $50,000 a year all in for everything to have this swimming pool. But year round heating would be extra I suppose you could build up a swim team to pay to heat it year round.
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Re: Private/Membership Pools [Gonefishin5555] [ In reply to ]
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Gonefishin5555 wrote:
I can add this also: I live in a tract with a HOA and its ONLY purpose is to maintain a pool The pool is 25yds and about 4 lanes wide so its pretty big. Its only heated May to Sept and there are 105 houses and the annual dues to maintain the pool is $450 and that includes reserves. So the total cost is $50,000 a year all in for everything to have this swimming pool. But year round heating would be extra I suppose you could build up a swim team to pay to heat it year round.

How was the original construction financed? Was the pool part of a planned community, and the construction costs built into the original lot or home prices?

"They're made of latex, not nitroglycerin"
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Re: Private/Membership Pools [Gonefishin5555] [ In reply to ]
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Gonefishin5555 wrote:
I can add this also: I live in a tract with a HOA and its ONLY purpose is to maintain a pool The pool is 25yds and about 4 lanes wide so its pretty big. Its only heated May to Sept and there are 105 houses and the annual dues to maintain the pool is $450 and that includes reserves. So the total cost is $50,000 a year all in for everything to have this swimming pool. But year round heating would be extra I suppose you could build up a swim team to pay to heat it year round.

This is right about the size we would be thinking about.

Is the pool an indoor pool? Do property taxes amount to much? Is any of the $50k spent on financing costs?
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Re: Private/Membership Pools [Traket92x] [ In reply to ]
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The builder installed/paid for the pool so my numbers are just the cost of current and future maintenance. I dont think there are property taxes? I'd have to look at the budget to see, the pool was installed in the 70s so it would be relatively low.
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