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Cash Buyer

All articles tagged with #cash buyer

real-estate2 years ago

Elton John's Georgia Properties Fetch Record-Breaking Prices

Elton John's Atlanta home, a lavish condo that served as his American pied-à-terre, has been sold for $7.22 million, 45% above its initial asking price, just weeks after listing. The buyer, a local resident, paid the entire sum in cash. The opulent residence, spanning 13,500 square feet, was created by combining six separate units and offers stunning skyline views. Despite this successful sale, Atlanta's luxury real estate market is showing signs of softening due to rising interest rates.

real-estate2 years ago

Elton John's Atlanta Condo Sells for Record-Breaking Price

Elton John's Atlanta condo has sold for $7.225 million, 45% over the asking price, after only a few weeks on the market. The four-bedroom unit, which served as the singer's U.S. home base, attracted significant interest due to its unique floor plan and connection to John. The buyer, who remains unidentified, paid in cash and is a local resident. The sale is one of the priciest condo sales in Atlanta's history and highlights the softening luxury market in the city.