158 Miami Condos sold for $113,000 each

Posted by admin | miami condos | Tuesday 17 November 2009 10:45 am

A partnership of Armco Capital Inc. and Southwest Properties Ltd. paid $17.9 million in cash for 158 units to Goldman Sachs who had aquired the property in foreclosure. The original developer paid roughly three times that amount for Downtown Dadeland, a seven-tower residential and retail development in Kendall, Florida, about six miles south of downtown Miami.

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3 Comments »

  1. Comment by Triple Net Lease — April 24, 2010 @ 3:13 pm

    These Condos would easily be over $200k per Unit, in a good market. That area by Dadeland Mall is always crowded. It is a good location to freeways and shopping.

  2. Trackback by Kylie Batt — May 4, 2010 @ 8:56 am

    Идея хорошая, поддерживаю….

    ……

  3. Trackback by Kylie Batt1 — June 13, 2010 @ 3:33 am

    В этом что-то есть. Спасибо за объяснение, я тоже считаю, что чем проще тем лучше:…

    http://rel” rel=”nofollow”> A partnership of Armco Capital Inc. and Southwest Properties Ltd. paid $17…..

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