Thursday, April 12, 2007

Downtown Condo at Acqua Vista #608

Acqua Vista is the often featured apartment conversion condominium project in Little Italy.

This is yet another unit listed below the original developer price. It has been on the market for every 150 days and has sustained two price cuts:

Price Reduced: 04/12/2007 from $335,000 to $324,800
Price Reduced: 04/06/2007 from $349,000 to $335,000

Type: Listed on MLS(#066094893)

List Price: $324,800
(Range priced $324,800 to $324,800)
Cost: $356,000
Loss@6% Sales Expenses: $50,688
Loss%: 14.24%

Purchase Date: 01/28/2005
Holding Period: 27 months and counting...

Bedrooms: 1
Bathrooms: 1
Square Feet: 760

Purchase Details: view

1 comment:

Anonymous said...

seems to me like 90% of the condos downtown are flips or gambles on appreciation. Otherwise, why would people buy and sell so soon after purchase?

Love your blog as always.