Own a downtown condo for as little as $39,000 - KMOV.com

Own a downtown condo for as little as $39,000

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By KMOV Web Producer By KMOV Web Producer

Own a downtown condo for as little as $39,000.

You read that right. Blu City Spaces is auctioning off 29 brand new condos inside its building at North 17th and Olive. This is the first auction of its kind in downtown St. Louis. The developers say a sluggish economy has left the market stagnant and that now is the time to take advantage of such low prices.

The available condos are available to see any day of the week from 10 a.m. to 7 p.m. Auction Concierge Services are available daily 888-988-8489 to answer questions or visit AuctionBlu.com for more information.

The auction happens at 2 p.m. at the Union Station Marriott on Saturday, June 25, 2011. If you plan to bid, you will need to get pre-qualified for a loan and come with a $1,500 cashier's check the day of the auction. FHA loans are also available for these properties.

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