San Francisco, as you know, an expensive city and this space, which sold for $ 100,000, will cost its new owner for almost half the cost of the average American home, writes Business Insider.
Place on a closed Parking in the heart of South beach in San Francisco was put up for sale in mid-December, and the price is, actually, not so amazing. Realtor bill Williams says that another place in the same Parking lot was sold for us $ 90,000 in November.
In the announcement of the sale of Williams emphasizes the favorable location of the place: “Great Parking space for customers-investors, one block from the stadium!”
The announcement also begins with the call “Park your money” (“Park your money”).
“This is a safe place to Park your money — Williams said. This can be a good protection against falling stock market.”
Photo: a screenshot from the website of the real estate compass.com
The number 140 in the Parking lot may be a reasonable investment, given that the current owners rent this space for $ 300 per month.
And if the buyer somehow decides that he has found the deal of the century — a great price for an apartment with Parking spaces — in the ad it States: “To be clear: this is only for Parking”.
Apartment with one bedroom in the same building was recently put up for sale at a reasonable price for San Francisco — 849 000 dollars, and has already been sold in February for an undisclosed final amount. However, in this case, Parking included in the price.
The average home value in is $226 $ 800, according to Business Insider. Total cost is cheaper house in West Virginia ($166 488), the most expensive in Hawaii ($635 000). California ranks third in the cost of the average home value in the state — $549 900.