690 MarketA new approach to real estate that has been unfolding at 690 and also at Ghiradelli Square has been fractional ownership. Most of these fractional ownership condos are starting at a million and they are targeting or perhaps creating a new demographic. You can buy 1/12 of this beauty at an asking of only $ 279,000. Its a beautiful 2 bedroom 2.5 bath living space.
The developers have found a niche that targets people who want the amenities of a first rate hotel or spa combined with the right to be there in full tenancy, at least part of the year. The buyer has use for a minimum of 21 days use per year, unlimited space-available per diem days, reciprocal use at other RC Club Resorts. Its a hybrid club/condo and has almost sold out. You can have a a RC club or resort experience in the heart of downtown San Francisco with investment potential. Really an interesting idea.
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