Going. Going.. Going… GONE!
Some units sold for over $1,000,000 off listing price ($1.599M list – sold for $570k)
As you know the CondoDomain Boston team attended the Nouvelle at Natick condo auction yesterday to witness yet another super-successful condominium auction put on by local auctioneer Accelerated Marketing Partners (AMP).
We are proud to announce that we represented FIVE clients who won an absolutely killer deal!!!
AMP brought 44 units to market during this condo auction event. Towards the end of the event they removed 3 units from the mix and added 2 additional units. Because the deals that were to be had and how low the units were selling for – the very attractive 2+Beds/2 Bath units – needed to be pulled as they are one of the best unit stacks at the property.
All in all 43 units sold for an average of $300/sf which is unheard of for such a high-end residential condominiums and is well below construction costs. The larger, more expensive units sold had ENORMOUS discounts as much as 64% off.
One 3 Bed, 2 Bath unit which was originally listed at $1,599,900 sold for $570,000 – that is more than $1,000,000 OFF!!! (and we are proud to say we got that unit for one of our clients!!!)
Smaller one bedrooms sold for up to 51% off original listing price. For more details and to view side by side unit pricing – download the report.
After the auction was concluded the developer ended up selling an additional 12 units to people who stayed afterwards and sold “like kind” units for the same auction prices for a total sales of 55 units and more than $16M in gross sales!
*** TOP NEWS FROM NOUVELLE SALES CENTER ***
For the next 30 days and the next 30 days only – the Nouvelle Sales Center will be offering 2 specials:
1. They will be offering auction pricing for all available units for the next 30 days.
2. They are offering a co-broke of 3% which means even more CASH BACK to you when you buy with CondoDomain!!!
Important Notes: The “good” units are running out fast. For example there is only ONE 1 bedroom left in the North Tower!!! Call us ASAP to get in there this week if you are interested in buying a luxury condo for pennies on the dollar!!! (617-314-7704 or email us here)
*** UP NEXT: The Bryant Condo Auction in 2 Weeks ***
Don’t miss THE BOSTON CONDO AUCTION OF THE YEAR – THE BRYANT BACK BAY!!!
In just 2 weeks The Bryant Back Bay will be releasing 10 units for auction in one of the nicest boutique buildings in all of Boston. Schedule a tour with us today and make sure to ask us about how to get CASH BACK at auction. All of our buyers will get back approximately $20,000 in cash when you buy @ The Bryant with us!!!