Monday, October 02, 2006

Downtown Condo at The Mills #522

The Mills is an apartment conversion on Cortez Hill.

The lofts units are probably the most over-priced real estate downtown so this price cut to a large loss comes as no surprise.

Type: Listed on MLS(#066083981)

Resale Price: $499,900
Cost: $557,900

Loss@6% Sales Expenses: $87,994
Loss%: 15.77%

Purchase Date: 03/29/2005
Holding Period: 19 months and counting...

Bedrooms: 1
Bathrooms: 1
Square Feet: 953

Purchase Details: view


Anonymous said...

Ouch, man thats gonna burn!

Anonymous said...

That entire building is overpriced!