Wednesday, June 04, 2008

Daily Dose of Blairmont 92

  • 2808 Dayton Street (N & G Ventures LLC, November 2005, $55,000)

May 2008

It only takes a small chink to bring down a dam. One break, one foot in the door, can unleash a flood of devastation. It's a tactic that Paul McKee knows only too well.

Blairmont bought this building from an owner-occupant in 2005 (said owner turned a tidy profit compared to his purchase price of $4,000.) What happens, then, to the occupied buildings next door? One is owned by a non-resident; the other is a JVL Renaissance property. Have they benefited from having a vacant building next door for three years?

No comments: