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Old 04-13-2009, 12:10 PM
 
Location: el paso texas
2,606 posts, read 7,860,062 times
Reputation: 1725

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For Sale<br>Park’s bachelor pad (http://www.elpasoinc.com/readArticle.aspx?issueid=227&xrec=3894 - broken link)
does el paso need more places like this? Is their a market for this? what do you think, the view looks spectacular!
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Old 04-13-2009, 12:37 PM
 
Location: 3rd rock from the sun
3,858 posts, read 3,963,900 times
Reputation: 1776
1,500 sqft apartment on the 16th floor of the 17 floor(?) Camino Real
"The terms of the sale are as unusual as Kerr. The $25,000 price tag includes all interior renovations and leasehold improvements he’s made. The long-term lease with the Camino is $2,500 per month. Furniture is not included, but his stylist, Miguel Bonilla, will be happy to work with new tenants."
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Old 04-13-2009, 02:11 PM
ZSP
 
Location: El Paso TX
1,177 posts, read 2,233,725 times
Reputation: 1706
Seeing the seller is Park Kerr, I'm sure the penthouse is as fabulous as described. If I was looking for an upscale place to live, had the discretionary income to afford such a place, I think it would be great.

It definitely has a "big city" feel to it. Do I think there is a market for more housing like this? I'm sure I'm not a good judge of that, but I think there could be for a limited number of units.
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Old 04-13-2009, 04:27 PM
 
446 posts, read 993,419 times
Reputation: 327
Yes, El Paso needs more places like this. Honestly, I didn't even know that this one even existed. Must be a nice place.
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Old 04-13-2009, 07:09 PM
 
416 posts, read 784,817 times
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How about the sham that says the Camino is a 4 star hotel?? No way that place qualifies for any legitimate 4 star rating.
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Old 04-13-2009, 09:01 PM
 
4,363 posts, read 7,258,174 times
Reputation: 3743
Default Mistake?

I am almost certain the price is $250,000.00, not 25K. ??
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Old 04-13-2009, 09:19 PM
 
47,585 posts, read 35,922,569 times
Reputation: 21593
Maybe 3 or 4 like that, and a few more that are smaller and more affordable. Of course if I saw the big appeal in that kind of living quarters, I'd be living in NY or somewhere like that and not here.
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Old 04-13-2009, 09:27 PM
ZSP
 
Location: El Paso TX
1,177 posts, read 2,233,725 times
Reputation: 1706
Quote:
Originally Posted by HookTheBrotherUp View Post
I am almost certain the price is $250,000.00, not 25K. ??
I'm fairly certain the $25k is right - there is nothing, really, to purchase. The $25k is just giving Park Kerr back the money he put in to improve it. He doesn't really own the space - that's why the lease is $2500 a month with the hotel. I'm sure all the amenities add a hefty increase to that.

Malamute, I agree - for that kind of $$$, I'd be living "BIG" somewhere else.
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Old 04-13-2009, 10:04 PM
 
Location: Mo City, TX
956 posts, read 1,641,964 times
Reputation: 808
Quote:
Originally Posted by ZSP View Post
I'm fairly certain the $25k is right - there is nothing, really, to purchase. The $25k is just giving Park Kerr back the money he put in to improve it. He doesn't really own the space - that's why the lease is $2500 a month with the hotel. I'm sure all the amenities add a hefty increase to that.

Malamute, I agree - for that kind of $$$, I'd be living "BIG" somewhere else.
But 2500 per month does not really get you anything really nice in say manhattan. My cousin lived there for 5 years and she paid close to that for what could best be described as an average appartment, nothing really spectacular.
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Old 04-13-2009, 10:32 PM
 
47,585 posts, read 35,922,569 times
Reputation: 21593
Quote:
Originally Posted by lipbalm View Post
But 2500 per month does not really get you anything really nice in say manhattan. My cousin lived there for 5 years and she paid close to that for what could best be described as an average appartment, nothing really spectacular.
But here that kind of money could get you a whole pretty nice house, with your own pool and a good view....a backyard..... Maybe even room for some horses, a two stall garage.....

What would you do in an apartment like this except sit in it? It's not like NY where you could be into theater, or operas or all that kind of thing. El Paso is what it is. I don't think there are that many people here who would prefer living downtown high up off the ground.
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