This unit is in pretty rough shape as it only has one parking spot which most large units downtown offer.
Discovery is a nice building located on Cortez Hill which is the outermost neighborhood in the city.
The MLS pictures show a vacant unit so there is likely a motivated seller holding this unit.
Resale Price: $625,000 (Range priced $599,649 to $649,000)
Cost: $725,000
Loss@6% Sales Expenses: $137,500
Purchase Date: 08/05/2004
Loss%: 18.97%
Holding Period: 24 months and counting...
MLS: 066053535
Bedrooms: 2
Bathrooms: 2
Square Feet: 1230
Purchase Details: view
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1 comment:
nykid,
In my view it's a marketing gimmick that will probably go away as the bubble deflates.
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