Over 55 community on the auction block

Irish mist · 09-19-2008, 04:21 PM

Meredith Bay Village, an over 55 community, has 33 condos in Meredith on the block. This was/is a very high-end development. Seems like they got in over their heads. I was in there several years ago with some family memers from away who were looking at property, but it was too rich for their tastes. Close to four hundred thousand dollars a unit if I remember ?
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BroadHopper · 09-19-2008, 04:49 PM

Currently selling for around the above price. Still a bit steep. I bought a 2 BR, 2 bath with kitchen, vaulted great room with fireplace, 3 seasoned porch, sundeck and attached garage for less than $200,000. 2,000 sq feet. Sounds like the developer tried to get rich quick!

How much are they going on the block for? Where can I find info?

Irish mist · 09-19-2008, 04:57 PM

Quote:

Originally Posted by BroadHopper

Currently selling for around the above price. Still a bit steep. I bought a 2 BR, 2 bath with kitchen, vaulted great room with fireplace, 3 seasoned porch, sundeck and attached garage for less than $200,000. 2,000 sq feet. Sounds like the developer tried to get rich quick!

How much are they going on the block for? Where can I find info?

It's an auction, so you just need to have a check worth $5,000, and start to bid. The auction is being held on October 11th at 10 am. The website for more info is: www.paulmcinnis.com
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Argie's Wife · 09-19-2008, 05:57 PM

Interesting... There's supposed to be a 63+ apartment complex going in here in Alton on Route 140. I think it's something like 53 units on 14 acres of land. It's being marketed as low income/retirement housing.

I wonder if they're paying attention to this....

09-19-2008, 04:21 PM	#1
Irish mist Senior Member Join Date: Dec 2006 Posts: 684 Thanks: 128 Thanked 85 Times in 49 Posts	Over 55 community on the auction block Meredith Bay Village, an over 55 community, has 33 condos in Meredith on the block. This was/is a very high-end development. Seems like they got in over their heads. I was in there several years ago with some family memers from away who were looking at property, but it was too rich for their tastes. Close to four hundred thousand dollars a unit if I remember ? ________ Kidney disorders advice Last edited by Irish mist; 02-27-2011 at 10:27 PM.

09-19-2008, 04:49 PM	#2
BroadHopper Senior Member Join Date: Oct 2004 Location: Laconia NH Posts: 5,577 Thanks: 3,220 Thanked 1,103 Times in 794 Posts	$300,000 Currently selling for around the above price. Still a bit steep. I bought a 2 BR, 2 bath with kitchen, vaulted great room with fireplace, 3 seasoned porch, sundeck and attached garage for less than $200,000. 2,000 sq feet. Sounds like the developer tried to get rich quick! How much are they going on the block for? Where can I find info? __________________ Someday may never be an actual day.

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09-19-2008, 05:57 PM	#4
Argie's Wife Senior Member Join Date: Oct 2004 Location: Alton Posts: 1,908 Blog Entries: 1 Thanks: 533 Thanked 579 Times in 260 Posts	Interesting... There's supposed to be a 63+ apartment complex going in here in Alton on Route 140. I think it's something like 53 units on 14 acres of land. It's being marketed as low income/retirement housing. I wonder if they're paying attention to this....