Saturday, September 30, 2006

Big Loss on Downtown Condo at Treo #318

Treo is a high rise building in downtown's Columbia neighborhood. This is very close to the highly debated Broadway development that has been in the news lately.

This unit was purchased one year ago and has caused a serious loss to occur. At $70,000+ the cost of living in this small non-view one bedroom condo approaches $8,000 per month!

Type: Listed on MLS(#066083604)

Resale Price: $359,990
Cost: $410,000

Loss@6% Sales Expenses: $71,609
Loss%: 17.47%

Purchase Date: 09/30/2005
Holding Period: 12 months and counting...

Bedrooms: 1
Bathrooms: 1
Square Feet: 687

Purchase Details: view

5 comments:

Anonymous said...

Do you have any links to the highly debated project you mentioned?
I would be interested in you posting any relevant news.
Thanks!

Lew Breeze said...

I'm not doing this for self promotion. Many article links, including the latest on the Bayfront happenings, can be found on my page News Links. Look for a title with Bayfront in it. There are probably ten or so.

Anonymous said...

Thank you for the links!!!

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Kely said...
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