Stadium Lofts Auctioned In Anaheim

Another week, another condo auction. This weekend, buyers lined up in Anaheim, California for a chance to bid on 58 deeply discounted Stadium Lofts condos. Potentials buyers could save between 24 percent and 29 percent on the condos which are located near the Angels Stadium. The OC Register reports that by Saturday afternoon, developer Windstar Communities LLC had received $5,000 deposits from each person for 48 condos.
The condo project has 390 units total but the developers had some trouble selling them so they decided to put the 58 units that had attracted the least attention from buyers up for auction. A 1,082-square-foot two-bedroom, two-bath condo went for about $350,000 which is approximately 25 percent off or a savings of $114,300 off the original listing price.
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Reader Comments (Page 1 of 1)
Jim Oct 18th 2008 7:00PM
Jim said:
Hello,
I just bought in the Stadium Lofts complex two weeks ago. The complex is represented to be a security complex. Once I moved in however, I found this not to be the case. The doors from the visitor parking to the housing section are unlocked due to a “zoning issue”. When I asked the sales manager Bobbie Seegers for contact info for the builder I was told I would have to speak to the HOA manager. This is interesting as Bobbie is the one who represented the complex as being a secure complex. Very sad how they treat their homeowners here. I would definately think twice before I would buy here!!