[quote=SmellsFeeshy]
I think $1200-1400 is a little high for Lucera based on current rents I’ve seen. You’re talking about the 1BR ~600sqft units right? Seems like comparable conversion units (like at Verano, Vicenza and Venetian) are being advertised on CL for around $1000-1200. Lucera has a better location and is nicer for the most part though so maybe that would justify a slight premium but I still think that when you factor in upkeep the 1BR at Lucera is probably close to break even at best even with 20% down.[/quote]
The cheapest 1brs on CL for Vicenza or Venetian are $1,250. I wouldn’t compare Verano with any of those 3 though. I agree with you, Lucera has a better location and is nicer then the rest. I believe it’s also the only one with a garage.
There’s not much upkeep to a 1BR condo that has a HOA. A Mortgage+HOA is in the ~$900 range again would still be a couple hundred dollars/mo cheaper then renting.
Now needing all cash offers to get that price is another issue. 🙂
