http://thefrontsteps.com/2007/08/09/whats-going-on-with-1684-1686-19th-ave/ Real Estate, Insight, Statistics, Gossip, & News...With a Twist and Some Flavor Mon, 21 May 2012 00:11:30 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://thefrontsteps.com/2007/08/09/whats-going-on-with-1684-1686-19th-ave/comment-page-1/#comment-1881 anon8mizer Thu, 09 Aug 2007 17:30:34 +0000 http://thefrontsteps.com/2007/08/09/whats-going-on-with-1684-1686-19th-ave/#comment-1881 The owner over paid in 2006 to start with... I don't know how much he sunk into the units (I would say about $70K/unit each for standard, average remodel of bathroom and kitchen?) so his cost is already $1.046 or so... Small units, busy street, poor marketing from out of town agents, high acquisition cost. Recipe for disaster. He would be lucky to break even on this flip. The owner over paid in 2006 to start with… I don’t know how much he sunk into the units (I would say about $70K/unit each for standard, average remodel of bathroom and kitchen?) so his cost is already $1.046 or so… Small units, busy street, poor marketing from out of town agents, high acquisition cost. Recipe for disaster. He would be lucky to break even on this flip.

]]> http://thefrontsteps.com/2007/08/09/whats-going-on-with-1684-1686-19th-ave/comment-page-1/#comment-1882 Chris Thu, 09 Aug 2007 17:08:27 +0000 http://thefrontsteps.com/2007/08/09/whats-going-on-with-1684-1686-19th-ave/#comment-1882 Yuck. I can't imagine living on 19th Ave. Yuck. I can’t imagine living on 19th Ave.

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