PriceChecker: 24 Units in NE
12 05 2008Your weekly chance to take a stab at real estate appraisal. Submit your guesses in the comments and closest guess gets the PriceChecker crown for the week.
We got a real challenge for you guys this week…
For today’s PriceChecker we have not just a single home, but an entire condo building for sale so pay close attention for your guesses. This newly renovated 24 unit building in Northeast DC is ready to be occupied. The units range in size from 600-950 sq-ft and all have hardwood floors, crown molding, and granite kitchens. Note that the entire building is unoccupied.
Take your best guess and we will crown the winner this Friday afternoon! Need more info? Follow the jump for a look inside one of the model units and of course the Realtors spin…
“Model now open.Rare opportunity to Own a 24 Unit Newly Renovated Condo Building. All units w/ hwd Flrs,Granite,SSAppl,Ceramic Kitns,Marble Baths,Jacuzzi,Crown Moldings,Ceiling Fans and more. Building Features 9ft ceilings, Gym, Storage units, 18 Parking spaces, Security Cameras.Spacious units from 600-950 sqft. Ideal for ur Housing Solution or Condo Sales.”
with bars on all the lower floor windows? i’d say 3.6 mil.
5,900,000
I am thinking that the units could sell for between 150k and 250k so maybe the whole thing could justify $4.5 million.
The picture looks nice enough, but I bet it’s in a bad area.
$4,125,000
Well, granite’s great, but it can’t compensate for that 50’s garden apartment construction style. I’m betting this building will sell for $3.8 million.
$7,500,000
they’re selling the entire building? even if you paint a white horse black, it’s still a white horse. i doubt they re-did the entire plumbing system . . . probably just stuck all new appliances and finishes on the surfaces. i say $3 million at most. and i’m being generous.
btw, anyone else think that couch is hideous?
I’m guessing $4,000,100.00, the extra $100 is for that amazing red couch!
I think the couch is why there are bars on the windows: Keeps people from leaping out of the apartment in fear.
$4,275,299
What buyer who is able to afford the building would be drawn in by the balloons? Pretty tacky.
[…] we know this was a hard one, but you all made good efforts with your guesses on the nice 24 Unit Condo building in Northeast. Now that the results are in, we can reveal that the newly renovated building is on the market for […]