by Ben » Fri Jul 29, 2016 8:50 am
I have owned a condo in Beebe for about 10 years now. Lived there the first 7, now rent it out. 2 bed, 2 bath, and I have 2 spots in the garage... Our HOA dues are about $350/mo, but we have a doorman/onsite property manager, something not all condo buildings have. Included in HOA fees are MUD expenses (gas/water/sewer), but we independently pay OPPD, and whatever internet/TV we want (recently got fiber run to the building, and they're offering gig service for ~$60/mo). Beebe was also the first condo building in the city to officially go smoke free earlier this year.
I loved living in the Old Market area, and really liked the condo concept, as I wanted to own, but traveled a lot for work for several years, so didn't want the upkeep associated with a house. Neighbors are generally more friendly/conscientious than renters, but you've occasionally got those sorts of issues to deal with.
It all depends on your budget, and what makes the most sense for you to look at. There's everything from Park Plaza/Ford Loft on the lower end of the price spectrum in downtown/midtown all the way up to Brandeis/Riverfront/MTC at the other end of the spectrum. Not that any building is necessarily better than another, its all just what makes sense for you as a buyer financially, and what you value amenities/style wise. I have friends that have owned at many of these buildings, and all seem to have been generally happy with their experiences.
I have owned a condo in Beebe for about 10 years now. Lived there the first 7, now rent it out. 2 bed, 2 bath, and I have 2 spots in the garage... Our HOA dues are about $350/mo, but we have a doorman/onsite property manager, something not all condo buildings have. Included in HOA fees are MUD expenses (gas/water/sewer), but we independently pay OPPD, and whatever internet/TV we want (recently got fiber run to the building, and they're offering gig service for ~$60/mo). Beebe was also the first condo building in the city to officially go smoke free earlier this year.
I loved living in the Old Market area, and really liked the condo concept, as I wanted to own, but traveled a lot for work for several years, so didn't want the upkeep associated with a house. Neighbors are generally more friendly/conscientious than renters, but you've occasionally got those sorts of issues to deal with.
It all depends on your budget, and what makes the most sense for you to look at. There's everything from Park Plaza/Ford Loft on the lower end of the price spectrum in downtown/midtown all the way up to Brandeis/Riverfront/MTC at the other end of the spectrum. Not that any building is necessarily better than another, its all just what makes sense for you as a buyer financially, and what you value amenities/style wise. I have friends that have owned at many of these buildings, and all seem to have been generally happy with their experiences.