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If Warren Buffet was a local real estate investor, this is what he'd be looking to buy. It's a very rare opportunity to take advantage of an unfortunate situation. The beautiful DeBaliviere Place neighborhood was ravaged by a tornado almost 4 months ago, and while the neighborhood has rebounded nicely, the local condo market has not. It's simple math: buy low, sell high. Or add to a successful rental portfolio. This is an estate sale, seller has never occupied and does not want to complicate matters with a disclosure, repairs, inspections, negotiations or any of that. It's priced for an investor. Take it or leave it or make a decent offer, but whoever takes it wins the Oracle of Omaha's Basic Principles of Investing Award.
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