Thursday, October 22, 2009

Any Interest in Property Investment?

If you look out of the north facing windows of the Boalt Library, you'll see a parking lot, trees and two dilapidated buildings obscuring your view of the beautiful palace known as Haas.

Ever find yourself dreaming that you could take a piece of Berkeley home with you when you graduate? You're in luck! Each of those buildings can be bought for the bargain price of a buck. That's right, one dollar.

It's true — see the craigslist ad here. And media coverage here and here.

And for the most amusing aspect of the story, make sure to check out the "catch" that comes with all supposedly good deals.


Anonymous Anonymous said...

Beautiful buildings. They look really neglected, and I've always thought it was a shame. Maybe all those classic Berkeley wood buildings are harder to maintain, but I wish they got more love from the campus. Although I guess that wouldn't be happening now anyway with the money implosion.

10/23/2009 4:05 PM  
Anonymous Anonymous said...

$1 purchase price, $50,000 deposit.

10/24/2009 12:23 AM  
Anonymous Anonymous said...

They should just sell the buildings to Boalt. We could renovate them and turn them into classrooms a thousand times faster (and probably cheaper) than finishing the new South Addition.

10/26/2009 2:08 PM  

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