10/9/06
Big Changes needed in the Bronx
 | By Jack Stout Read more of Jack's posts |
Now that I've come off the ledge after watching the lifeless Yankees get blown away by the Detroit Tigers, I guess I can concentrate on real estate again.
The most interesting thing I heard this week is the the Buyer who bought the KOA campground on the Village Road last month, has allegedly sold it again for roughly $3M more than he paid for it. The best part is he managed to do this without making a single payment. Beautiful. Apparently a campground timeshare company plans on buying it and selling the 120+ sites in weekly intervals. There must be a big demand if they're willing to pay over $11M for 15 or so acres.
Other notables:
Melody Ranch released there latest building lots. Most are between .50-.75 acres listed for between $500,000 and $700,000.
Three .18 acre lots in town listed for $500,000 each.
.48 acre lot in Indian Trails listed for $595,000
Lot 33 in Granite Ridge, .68 acres, listed for $2,450,000!
Moose Creek #26 and #27 sold for $1,625,000 and $1,700,000 respectively. Both are 3br/3.5 ba., 2200 sq.ft.
Lastly, a 5br/4ba 4736 sq. ft. house on .56 acres in Indian Trails that is listed for a cool $2M has gone under contract. Unbelievable!
If you enjoyed this post, make sure you subscribe to my RSS feed!
