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Frank Sullivan

  • Karma: +0/-0
Black Diamond Ranch - For Sale
« on: April 26, 2010, 08:44:45 PM »
http://www2.tbo.com/content/2010/apr/26/261519/black-diamond-developer-looking-investors/

Interesting, especially given the fact the BDR was developed long before the real estate market crash & burn.  The community was pretty much fully developed if I remember correctly.  Looks like this is simply a "developer is retiring, and looking to sell for a return on his investment" and not a "sign of the times foreclosure or sim."...
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Jud_T

  • Karma: +0/-0
Re: Black Diamond Ranch - For Sale
« Reply #1 on: April 26, 2010, 09:29:58 PM »
Sounds interesting except for that 28,000 square foot moneypit otherwise known as the clubhouse.....
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Golf is a game. We play it. Somewhere along the way we took the fun out of it and charged a premium to be punished.- - Ron Sirak

Tim Nugent

  • Karma: +0/-0
Re: Black Diamond Ranch - For Sale
« Reply #2 on: April 27, 2010, 11:13:09 AM »
When will these RE people realize that the size of the clubhouse isn't necessarily a selling point???
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Coasting is a downhill process
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