Hi Alex and Board,
Apologies on the delay, I have been dealing with my AC going out and a few
other items..
I would like to suggest an propose an alternative solution for
consideration. We are looking at spending $8K for a commercial grade
treadmill and ensure the lifespan of ~10 years. Meanwhile we have an out
of order elliptical machine in need of replacement and an even older
treadmill that could go out any time. There are commercial grade
residential models that are available for significantly less. I agree that
our treadmills are in a shared community and get more use than the average
home unit, but I go to the gym here frequently and they are not in use all
day long like at an LA Fitness.
We could purchase two commercial grade treadmills for less than the price
of one of the proposed options. Benefits
- Two new treadmills instead of one would result in the use being
distributed more evenly across the two units; rather, than one treadmills
being preferred over the other
- They would match! This adds to the property aesthetic value and increase
home values to younger consumers attracted to this Atlanta neighborhood.
- They have the same warranty period (I'll need to double check that use in
a shared community does not void this warranty)
- If they only last half as long as a commercial model, they more than 50%
less
http://www.treadmillreviews.net/best-treadmill/
- I looked up the best high-end treadmills... the best ranked life time
fitness commercial grade home model is $5500 and has a 10 year warranty
https://shop.lifefitness.com/club-series-treadmill?avad=50307_e12067fd9
- I have read really good things about the NordicTrack commercial
Treadmills as well. They have the heavier duty belt and bigger motor and
many other bells and whistles for under $3k (they are having a sale)
http://www.treadmillreviews.net/nordictrack-commercial-2950/
https://www.nordictrack.com/treadmills/commercial-2950-treadmill
I will call them in the morning to understand warranty at a shared
property, but we need to look at overall costs... $8K on a treadmill, while
we still need an eliptical, and may need a bike and second treadmill any
day? Replace them all with commercial grade home gym equipment and the use
will be spread out making them all last longer. PLUS no modification costs
to the structure.
Thanks,
Stephen Perry
On Mon, May 21, 2018 at 2:38 PM, Stephen Perry <jsperry9@xxxxxxxxx> wrote:
Hi Alex,
I'll send you my notes on this tonight.
Thanks
Stephen
On Mon, May 21, 2018, 8:38 AM Alex Agle <alex@xxxxxxxxx> wrote:
Hi everyone,
Kyle sent out quotes for exercise equipment-- 1 treadmill and 1
eliptical:
$7719.41 - Full Commercial / Innovative Fitness
$8,260.59 - Full Commercial / Fitness Equipment Sales
$10,874.19 - Full Commercial / Fitness Equipment Sales
$4,463.34 - Light Commercial / Innovative Fitness
$4,955.48 - Light Commercial / Fitness Equipment Sales
$6,015.28 - Light Commercial / Ready Fitness
I think it's a good idea to go with the full commercial models, because
the equipment will get a lot of use and it needs to last a long time.
The full commercial models seem to have 5 year warranties, as opposed to
the 2 year warranties for the light commercial.
One other thing to consider is that we need 20 amp circuits if we go
with the $7,719 quote. I'm not sure how the clubhouse is wired, but if
changes need to be made, it would cost well over $500 for the work. The
$10,874 quote only has a 3 year warranty. I think the $8,260 quote
looks the best.
Thanks,
Alex
--
Alex Agle
alex@xxxxxxxxx
C 404-229-3325
W 404-894-6165
