posted on Jun, 14 2013 @ 01:10 AM
What’s eight feet wide and 12 feet deep and sells for $82,000?
--An enclosed parking spot in a condo building in the trendy South Park neighborhood in S.F.--
No, that is not a misprint.
Some person actually paid that much....$$ in cash $$
"The owner has a deed for the little piece of land and paid cash for the spot, which was only on the market for two weeks. "
San Francisco Chronicle columnist C.W. Nevius reports Thursday the parking deal might be part of a new trend. The spot was sold last week by Sean
Sullivan, an agent with Climb Real Estate who had some experience: He sold another one in the same building for $95,000 during San Francisco’s last
I realize that's part of the 'investment' when buying a condo like that, and some places it may run more.
But as tough as times are in a majority of America, and California being one of the states hurting economically big time, these types of purchases
just blows my mind.
edit on 14-6-2013 by snarky412 because: (no reason given)