Replies to post #50118 on Phoenix Associates Land Syndicate (fka PBLSQ)

[Whirligig]

justalittle,

Your digging and sharing information is appreciated. We have too much speculation and not enough boots on the ground when trying to evaluate what is happening.

Seeing is believing........

[greenmonster]

justalittle

any leads on the Komex company

TIA

Jockee

[Realperson]

Debartelos


Thats the name of the Family that owns many of the big Malls in the US
I used to write my rent checks to them

[Jambamboo]

Actually one is listed for $479K and the other for $450K. These units are beautiful, fully remodeled, granite countertops, all the upgrades, hardwood floors etc along with a covered boat slip in your back yard. Great for the boater, direct access to lake ponch and the gulf of mexico.

Saw pictures of the complex before Phoenix purchased and now today what a changes , they re landscaped everything, painted the tennis court, redid the pool the club house and opened a sales/management office. Redid all of the boat slips with new deck. They are really turning this property into a gem.

When they purchased the units were valued at 225-275K now they are valued at 325-375 before being remodeled.

What a great investment for Phoenix.