Here's the first known loss at The Grande, this unit is in the South tower as has changed hands three times. The second buyer lost $84,380 on the unit.
Resale Price: $573,000
Cost: $623,000
Loss@6% Sales Expenses: $84,380
Percentage Loss: 13.5%
Resale Date: 5/5/2006
Purchase Date: 12/13/2004
Holding Period: 1.40 Years
Cost Details: view
Sale Details: view
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1 comment:
I actually would have assumed this building to have gone negative sooner. It is so over the top expensive and there isn't much you can walk to around it.
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