Tuesday, November 3, 2009

More Condo Auctions in Natick

The new construction luxury condos located at 20 South Ave, Natick will be coming up for auction. Thirteen condominium units will be auctioned off on Thursday November 19th at 7:00pm. 11 of the units will be auctioned off with minimum bids of approximately 60% of recent List Price. 2 of the units will be auctioned on absolute basis where the highest bidder wins the unit regardless of how low the bid is!

These luxury 2 bed+ 2 bath+ 1500sqft-2000sqft condominiums are currently about 50% sold out and the developer has decided to auction off the remainder of the units for a quick sale. These units should sell for between $300k-$450k depending on size and unit placement.

If you are interested in taking a look at these, please contact me before the auction so we can go preview the property before auction day.

Also, I believe there will be more luxury condominium auctions coming up in Natick in the next year. Another project located at 93 E Central St(Castle Courtyard) currently has unrealistic expectations of their price and zero units have sold since they started market it over a year ago. I think this condo project will be the next one to go to auction so stay tuned!



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