A Year In Review Jasmine Condominiums Elk Grove CA SacramentoCondos.com The condominium market for Jasmine in Elk Grove CA was a cash buyers paradise for 2011 due to the lack of financing in the complex. There were approximately 21 sales in 2011 according to data obtained from Metrolist Services. The Jasmine condominium complex in Elk…
About 75 percent of the units at the upscale L Street Lofts development recently foreclosed, according to an article in The Sacramento Bee. The Bee noted that the development, located at 1818 L Street, was plagued by a sluggish local economy and lawsuits related to the development’s vacancy rate. Then around March 18, L Street…
Bridgeway Towers, a 30-year-old condominium located at 500 N. Street, is expected to receive major renovations soon. The 15-story luxury downtown condominium was recently purchased by local developers Ray Sahadeo and Mark Chisick. The two men own S360 Development, which is a company that specializes in purchasing distressed properties and revitalizing them. This is great…
The Sacramento Bee recently reported on an interested trend happening on the Sacramento condominium scene. More and more developers are investing in condominiums in Sacramento’s alleys. From cosmopolitan to bungalow designs, these new condominiums are revitalizing the city’s alleys. Cty officials have also lent a hand in this new trend by offering to help developers…
Riva On The River has a rental cap currently in place and any investors should understand the process. Currently no more than 25% of the units can be used as rentals. Landlords need to request permission from the Association to allow their unit to be used as a rental. Once approval has been given, the…
According to a May 2nd 2011 announcement from the law firm of Berding & Weil LLP, the builder defect lawsuit against Nevada Pacific West Builders Inc is coming to settlement. According to the announcement the Association expects to receive $900,000 as its portion of the settlement. You can read the full announcement here: 5.2.11LawsuitMemo ….
After hearing from several residents that they wanted a common place to share information, events, complex updates and announcements, we decided here at SacramentoCondos.com to facilitate that page. You can search for Riva On The River on Facebook and you’ll find the new fan page for Riva on The River in West Sacramento.
Ex Kings basketball star Kevin Martin sold his 1818 St penthouse condominium on 4/19/11 for $775,000 cash. The property was originally listed for 995,000 and went through a series of price reductions until it was listed for $899,000 and sold for the $775,000 price. Many media sources reported this sale as a short sale but…
The recently announced proposal for a new five-story, $15 million condominium project has ambitious plans to create a green environment not yet seen in the Sacramento region. Named Gateway on Fremont Park, the project is expected to produce as much or more energy than its residents consume, a situation known as net-zero energy. But the…
The #1 call we get these days here at SacramentoCondos.com is asking about rental units in Alicante Villas. All rentals in Alicante Villas are managed by the individual condo owners and the represenatives or property management companies that they hire to do so. I appears we show up as the only contact for Alicante Villas….
