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Shaun Caldwell
  • Investor
  • Charlotte, NC
46
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131
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Luxury Condo Advice

Shaun Caldwell
  • Investor
  • Charlotte, NC
Posted Dec 4 2014, 17:35

BP Community,

A friend of my family has a luxury condo that she is looking to sell. I'd like to help her out if possible. I am looking for advice in terms of determining what options she may have at her disposal. Below are some specs that I was able to gather from her and through an online search.

1. FSBO (free and clear property)

2. Asking price $1.25 million (something she made up) (I have not run the comps)

3. Move in condition

4. Just over 6,000 sq ft (largest condo in building)

5. 3 bed, 3.5 baths

6. Built in 1990

7. New construction in the area (Several similar condos being built) so there's some competition. 

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