Before and After. I’ll let you decide which is which

Back in March, I wrote about a condo at the Athena that I called a “dump” that hadn’t seen better days in decades.  It was a bastardized two-bedroom, two bathroom on the ninth floor with 1,770 square feet listed for $249,900 with HOA dues of $1,037 that include utilities, TV and internet.  It sold pretty quickly and immediately went under the knife.

Flash forward to last Friday and the unit re-hit the MLS after its nearly stem-to-stern renovation and reconfiguration.  This time it’s listed with James Glynn with JG Real Estate for $425,000. Yes, that’s a big jump, but as you’ll see, a bundle has been spent.  The owners intended to live in the unit, but circumstances changed and so now it’s a flip … but definitely with flip-plus quality.

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Athena Exterior 1

Yes, I’ve recently written a lot about the Pink Wall (the fire and all) including an Athena double-unit listing at $1.1 million, and normally I’d be loathe to write about the same building so soon, BUT …

Unit 915 at the Athena is a two-bedroom, two-bathroom unit with 1,543 natural square feet that picks up 230 more feet from an already enclosed balcony.  HOA dues are $1,037 per month but in addition to all the usual high-rise maintenance and such, also includes all utilities, cable TV, and internet.  It’s listed for $249,900 with Diana Boswell of JP & Associates.

That’s $141 per square foot. No high-rise in Dallas is trading at that rate.

Of course there’s a reason.  While the agent says, “With a little bit of TLC…” I’d say, “It’s a dump” … but in a good way.  To a renovator, “It’s a dump” means, “Tell me more.”

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