Nashville Condo Project Headed For Foreclosure
Filed under: Real Estate Developments
We've got some foreclosure news out of Tennessee. East Nashville's 5th & Main condominium complex has been slated for a foreclosure sale. Wachovia Bank will auction off the $47 million project on February 25 in front of the Metro Courthouse in Nashville. The commercial section of the building and the residential portion will be auctioned off separately. The project had only sold off nine of its 129 units despite a Hail Mary price chop by a court-appointed receiver in 2009. Units have recently been up for lease. The situation is being termed another fall-out from the real estate slump.
The building has lofts, flats, and townhouses with city views. Amenities include underground parking, a landscaped roof deck with exquisite views of downtown, a community security system with 24-hour monitoring, balconies overlooking the city or courtyard, stainless steel appliances with granite countertops.
How Kidnapping Suspect Passes Time Behind Bars
Chili's Waitress Fired Over Facebook Post Insulting 'Stupid Cops'
PHOTOS: 10 Deadliest Periods In History (NEW BOOK)
Billboard Music Awards: Worst Dressed (or Most Daring?) From Past Red Carpets
HSBC Plans 14,000 More Job Cuts
These American Companies Refused To Sign The Bangladesh Safety Accord
Forbidden America: Cold War-Era Map Shows No-Go Zones For Soviet Tourists
Man Takes Dump In Background Of Instructional Workout Video
Courtney Stodden Has A Sex Tape
Tenants: Stench of Death Makes St. Louis Complex 'Unlivable'
Famous Roadside Attractions
12 Common Workout Myths Debunked
Hands-on with the Samsung Galaxy S 4 running stock Android 4.2
Taylor Swift Q and A: What Does She Splurge on in Las Vegas?
Teen Who Died During Her First Solo Drive May Have Been Texting
Bill Gates regains title of world's richest person as Microsoft stock hits five-year high
Former OJ Attorney Gives Shocking Testimony
Guess Which State Boasts The Most Million-Dollar Homes?
Radio Host Makes Shocking Claim About Shooting Hillary Clinton
LOOK: There's Something Wrong With This Picture
PHOTO: Looking Good! Chaz Bono Loses 65 Pounds
Police Investigate Student Shooting Death
PREGNANT!
McDonald's Store Owners Fear Fast Food Chain Becoming Too Slow
PHOTO: Rob Kardashian Takes A Hike
New Leads In Case Of Missing British Girl
Will Smith, Jaden Smith Get Photobombed
Jodi Arias' Lawyers Want Out
Waitress Surprised With HUGE Tip On Tiny Bill
Student Shot Dead During Botched Home Invasion
LOOK: Khloe K Shows Curves In SKIN TIGHT Dress
Pictures Showing Pregnant Teens' Bumps Banned From Yearbook