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Dallas Condo To Be The Site Of Second iBidcondo Auction
Filed under: Real Estate Developments
The first iBidcondo auction took place last months and a $690,000 condo at the Star Riverside complex in Austin sold for around $87,000. The beat goes on with iBidcondo's announcement that the will be auctioning off a unit in the Beat Condos in Dallas Texas on July 27.
Up for bid is a two-bedroom unit on the 4th floor, with a "retail price" of $280,000 which is expected to sell for between $50,000 - $100,000. The building is a ten-story concrete, steel and glass tower with a salt water pool with spa, poolside cabanas and a multiuse facility perfect for entertaining guests; controlled access entry and gated, garage parking.
The way iBidcondo works is that you buy a seat for $100. The seats cover the cost of the property so that the auction price is donated to a charity. You can see an interview with the winners of the first auction on the iBidcondo website.
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