In the older areas of town that were primarily residential, there were few warehouses, apartment buildings, office buildings to convert into condos. The demand for housing in these areas is great. This is especially true if you want the historic feel of high ceiling, large windows, tree shaded streets, balconies, wood floors and that uptown feel. Some of the issues you will face are parking and the general upkeep of the building. You have fewer owners and you will basically be the managers so the management is closer to you. it could be you. There are some developers that have put several units together which solves some of this. You can find some great locations in the heart of University area, Uptown, and the Garden District. This form of condo is expanding but most are in the areas unaffected by Katrina flooding. I am going to give you a feel for this type
of condo and relate some of what I have seen. There are many more choices so give me a holler and we can get started. Eric |
