If you have been patiently waiting for your opportunity to purchase a 2 bedroom, 2 bathroom condo in a premier condo property in Nashville, your wait may be over. There is an upcoming foreclosure in the Enclave on a Strata floor plan which boasts 1,298 square feet and incredible upscale finishes. This is a property that sold more than 3 years ago for well over $340,000 that will be able to bought in the mid $200,000’s. It is not on the open market at this time, so you’ll be able to beat the rush once announced to the general public.
The Enclave is located on 21st Avenue in the Vanderbilt part of Nashville and is one of Nashville’s most well established and well located properties. Unlike some high-rises in downtown, this property is wholly owned by private owners, there are no developer owned condos to compete against. It is a wonderful investment property as the condos rent very well and makes an excellent primary or secondary residence. If you are interested in this pre-foreclosure, please do not hesitate to email or call: grant@remarkablehomes.com or 615-945-7123
UPDATE 6/14/09
I have just learned that there is a second 2 bedroom condo heading to foreclosure. This one is the Vista floor plan and has 1,556 square feet. This condo also has the coveted courtyard view and is on the third floor. This condo was bought for over $350,000 just over 3 years ago and can most likely be bought for $250,000! If you hurry, we may be able to secure this condo with the bank prior to public auction. If you are an investor, these floor plans lease for 2,000/mo and The Enclave is a very desirable rental property in Nashville. Get the inside track, call or email today.
UPDATE 11/26/09
You missed them! All of these distressed properties have sold, including 1 additional two bedroom Strata floor plan. Guess who sold 2 of the 3 properties? If you don’t want to miss the opportunity to buy distressed luxury condos for 60 and 70 cents on the dollar, contact Grant.
Learn more about Nashville condos and more about my tips and tricks for buying low, cash flowing and then selling high.
