Home › Forums › Closed Forums › Properties or Areas › Balboa Ridge Condominiums › Regarding MP: The most
Regarding MP: The most extreme liquidation seemed to be in their mapped but non-rehabbed places a few years ago.
Basically just people buying beat up apartments.
I still occasionally see one of their full conversion projects where they have 2 units at 70% of market and the rest at 120%.
They seem like they are still kicking.
Regarding Balboa Ridge and Capri:
I really think that the units selling for less than 250K would undermine any developer assertion of over 300k.
I would offer at (or 10% below) the lowest current listed price or lowest closed price in the last 6 months.
