As has been reported on this blog for quite sometime the problems at Acqua Vista are starting to hit the broader media. This Voice of San Diego article focuses on the problems at Acqua Vista.
This building is in rough shape, when I walk by it the for sale and for rent signs are quite numerous. The value in the building, in particular the lower units without views, is probably a solid 30% less than the current pricing.
Market analysis, news and reviews of specific properties that are for sale or have sold at a loss.
3 comments:
A hat-tip to you guys for your research on this building and others.
(See formal hat-tip in this follow-up post.
Kelly
voiceofsandiego.org
Thanks Kelly
Good daily information on downtown foreclosures available here:
http://www.sdlookup.com/Foreclosure_Updates-24-Downtown
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