Plaza Midtown Condo Sold For A 20 Percent Return

Dated: 02/09/2016

Views: 529

Sold!

 

Today was a bittersweet day for me.  I can officially say that my client/friend’s Plaza Midtown condo has been sold today.  I remember helping Claire buy this condo a little over a year ago, (14 months ago to be exact).  Her and I both were excited about her great Atlanta Midtown location and the great views she had from her 14th floor, 2 bedroom condo.  However, life goes on and Claire had a job relocation out of state.  So, it was time to sell her condo.  The sad part is that she had to leave Atlanta, her friends (like me!), and her condo.  But the exciting part is that the value of Claire’s Midtown condo had increased by 20% in just over 1 year! That is phenomenal!!  Her actual return on investment after you net out closing costs was 11%.  That totally beats the stock market S&P 500.  I know some (including myself) may have thought that they have missed the boat to invest in Midtown condos, but this example just shows how there is still a demand for Midtown condos.  In fact, it has been pretty difficult to find any decent 2 bedroom/2 bath condos under $350K in Midtown over the past several months.

 

I had a great time helping Claire get her condo sold.  Best of luck to Claire in her new endeavors!!

 

If you are looking for a condo in Midtown, check out the current Atlanta Midtown condos available RIGHT HERE.  Have a condo to sell?  I’d be happy to chat with you and determine a possible sales value.  Contact me today!

Latest Blog Posts

HOW TO BE A GOOD OPEN HOUSE GUEST

It is exciting to go to open houses and dream of the possibilities a new home brings. Going to open houses is crucial to finding the right home. The next time you take a tour of a home, keep these

Read More

FIVE MONEY SAVING GREEN UPGRADES

Going green is great for the environment, but that’s not the only benefit. When you make green upgrades in your home, it can also lead to some major savings. Solar panels: The upfront cost

Read More

How To Survive And Win During The Spring Home Buying Season

Working with first-time buyers and those on tight budgets during last spring’s overheated sellers’ market was heartbreaking. So many offers made and so many passed over for someone else’s

Read More

TURNING A BEDROOM INTO A LUX BEDROOM

For most of us, our bedroom is little more than a place to sleep and relax. However, just because it’s always been that way doesn’t mean that we have to settle for drab and dreary.One trend

Read More