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cubbie1
Posts:56
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| 07/24/2008 7:58 AM |
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| thought armstrong units all clones. this one so different. |
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BigTrace
Posts:194
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| 07/24/2008 8:02 AM |
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| looks to be a SFR, could have been built by another investor. I'm just saying from the description, having not seen it, it sounds like an Armstrong place. The Solar power and roof deck kind of give that away. i could tell you if I could have seen the pictures, but its now in an unlisted state so they're blocked for now. |
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BigTrace
Posts:194
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| 07/24/2008 8:56 AM |
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| looks like both of Armstrongs "Brighton" properties have also been delisted. Maybe a reduction is coming??? |
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BigTrace
Posts:194
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| 08/04/2008 10:22 AM |
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| Seems to be a lot of properties "Removed" from the market in PB as of late. Is the summer shopping season over and the vendors are bringing in their goods?? |
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jpinpb
Posts:1476
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| 08/04/2008 12:30 PM |
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| I think most of these that are removed (not the newly developed ones) are b/c they're about ready to go to bank. |
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jpinpb
Posts:1476
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| 08/04/2008 12:32 PM |
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| I guess by now you've seen Armstrong's masterpiece 1069 Archer. |
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BigTrace
Posts:194
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| 08/04/2008 12:43 PM |
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Posted By jpinpb on 08/04/2008 12:32 PM I guess by now you've seen Armstrong's masterpiece 1069 Archer.
Yep, saw the listing the day it came out, just curious about why its listed at 995k. Then I read all of the posts regarding it specifically and figured they are fishing for multiple bids apparently before it goes belly up.
I understand that you went to the open house?? From the pictures, it definitely is "opulent". Not my style, but if they want to give it to me at 995k, i'll bite (maybe).. |
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cubbie1
Posts:56
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| 08/04/2008 3:07 PM |
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I understand there are 3 overbids submitted already. They do not allow previewing except Tuesdays and Saturdays and only by appointment. They seem pretty smug they will sell over list.
It does look nice.
C |
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cubbie1
Posts:56
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| 08/04/2008 3:10 PM |
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| The Armstrong MLS listing expired and were relisted. Nothing fishy or earthshattering it seems |
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BigTrace
Posts:194
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| 08/04/2008 3:13 PM |
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| Good sluething Cubbie. How's your home search coming?? PB seems to be kind of quiet right now.. |
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cubbie1
Posts:56
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| 08/04/2008 3:18 PM |
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| pretty good. have narrowed the search to a few. now we watch...and decide if we want to lowball anything to test the waters. |
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cubbie1
Posts:56
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| 08/04/2008 4:39 PM |
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| Anyone know what projects Michael Turk (builder) has done and anything about quality of his constructions? Also a Brad Hickson. thanks |
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jpinpb
Posts:1476
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| 08/04/2008 6:26 PM |
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| Those offers on Archer need to be high enough to entice the second to accept, otherwise, it's going to be a long winter. |
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BigTrace
Posts:194
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| 08/05/2008 7:22 AM |
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Hey cubbie,
Yes, Turk is responsible for the condos on Mission Blvd. (next to the Ripcurl and Subway, 42xx I think) and he is also responsible for the 4 new ones on Hornblend at the 1100 block or so. Compared to Armstrong, the quality of the build is pretty inferior IMO. I toured the ones on Mission a month ago or so and if thats any indication, I'd stay away. he cuts corners wherever it's possible but tries to make you think its more "high-end" by putting granite on the counters and travertine on the floors. Rooms are small and layout feels "cookie cutter". I'm going to look at one on Hornblend soon. They look IDENTICAL to the Armstrong version, just no rooftop decks and I'll bet the rooms have that same cookie cutter feeling. We'll see. |
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jpinpb
Posts:1476
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| 08/22/2008 10:43 AM |
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| Armstrong continues to liquidate. Successfully sold the 4 unit, multi-residential at 2025-31 Grand Aveon 07/18/08 for $1,832,000 to 2025 Grand, LLC. Wonder who owns 2025 Grand, LLC. Limited liability company. Holding company for someone? Someone who set up this company in case real estate continues to go south and their credit won't be marred? |
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jpinpb
Posts:1476
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| 08/22/2008 10:45 AM |
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| The address for the LLC is 2656 Bayside Walk |
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jpinpb
Posts:1476
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| 08/22/2008 10:46 AM |
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| Armstrong Custom Homes paid $1.47 million for eight apartment units at 755 Turquoise in the spring of 2006 |
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cubbie1
Posts:56
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| 08/22/2008 10:51 AM |
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| Armstrong I know doesnt own 730-732 Brighton anymore. It's another LLC. And I know its not Armstrong. Maybe same thing with Grand ones? Armstrong is providing the seller warranty though probably because they built it. I dont know. |
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jpinpb
Posts:1476
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| 08/22/2008 10:53 AM |
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Armstrong also bought 8 unit, multi-residential at 1403-05 Grand Ave on 03/23/06 for $1,469,000.
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jpinpb
Posts:1476
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| 08/22/2008 11:01 AM |
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I know back in 2004 Michael E. Turk sold many complexes:
3777-83 Ocean Front Walk
4666 Mission Blvd , San Diego
3533-39 Ocean Front Walk
702-10 Monterey Ct
717-19 Venice Ct
To Mission Beach Developers. |
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