Erik Cavarra has just place the Last Remaining Mountain Sage Condominium Under Contract.
After Selling the entire project as a bulk sale for $2.3m only weeks ago, the New Owners began marketing the (8) remaining Units within Phase I of the development. Erik Cavarra sold several of the Units within weeks and placed another (4) under contract within two weeks of the new Owners taking Title.
Erik has now placed all of the Colorado Avenue Units Under Contract with Closings pended for January through Early March.
Erik Cavarra believes that the success of the Mountain Sage Development has to do with the appropriate market price points, location to the Town of Carbondale, and a strong indication of the market recovering in Carbondale at price points that are attractive to certain Buyers. With Low Interest Rates and Financing becoming easier, Buyers can qualify for purchase when properties are priced appropriately within the market conditions.
Mountain Sage Development will look to begin Construction on Phase II of the Project this Spring and Pre-Sales will begin shortly thereafter for Two & Three Bedroom Residences. There are (12) Units planned for completion in Phase II.
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