10-14-2017, 08:16 PM
OK, here is some comparative data. Normaliized to same number of parking spaces (* means not included) and balcony is included in the total square footage.
~800 sq ft 1BR*: $305,000 Barra, $299,000 Charlie
~1100 sq ft 2BR: $425,000 Barra, $458,000 Charlie
~1200 sq ft 2BR+D: $475,000 Charlie
~1303 sq ft 2BR+D: $450,000 Barra (1020 sq ft + 283 sq ft terrace)
So actually it's not a huge price difference in favour of Barra. Mea culpa.
One interesting thing Barra does for investors is guarantee a minimum rent. For example, for the $305K 1BR unit they guarantee a minimum rent of $1624 as long as you offer it for rent through their property management firm.
~800 sq ft 1BR*: $305,000 Barra, $299,000 Charlie
~1100 sq ft 2BR: $425,000 Barra, $458,000 Charlie
~1200 sq ft 2BR+D: $475,000 Charlie
~1303 sq ft 2BR+D: $450,000 Barra (1020 sq ft + 283 sq ft terrace)
So actually it's not a huge price difference in favour of Barra. Mea culpa.
One interesting thing Barra does for investors is guarantee a minimum rent. For example, for the $305K 1BR unit they guarantee a minimum rent of $1624 as long as you offer it for rent through their property management firm.