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Started By
Message
Nottoway Plantation sold for $3M
Posted on 2/19/19 at 5:57 am
Posted on 2/19/19 at 5:57 am
18
Posted on 2/19/19 at 6:02 am to cbdman
quote:
Why the low price?
Because it’s haunted
Posted on 2/19/19 at 6:02 am to cbdman
quote:
plus other valuable considerations
Because they hired someone who knows how to purchase stuff the right way.
Posted on 2/19/19 at 6:03 am to cbdman
Probably because it costs a fortune to maintain
Posted on 2/19/19 at 6:03 am to cbdman
That's a steal. Didnt they just renovate it 5-6 years ago?
Posted on 2/19/19 at 6:03 am to cbdman
Because plantations are racist. Duh
Posted on 2/19/19 at 6:04 am to cbdman
quote:
Why the low price?
Honestly, I'd be nervous to own something like that, then in 10 years you are forced to burn it down in some movement like with the NOLA statues.
Posted on 2/19/19 at 6:16 am to Nado Jenkins83
Yeah. Put $15M into it.
Posted on 2/19/19 at 6:19 am to cbdman
Damn, I would have bought it for that price..
Posted on 2/19/19 at 6:20 am to cbdman
Got married there 20 years ago. Makes you think...
Posted on 2/19/19 at 6:21 am to tigerpimpbot
quote:
Because plantations are racist. Duh
Its on the list to be removed.
Posted on 2/19/19 at 6:39 am to cbdman
quote:
bought the plantation in 1985 for $4.5 million, spent more than $15 million about 10 years ago to renovate the property.
quote:
Nottoway Plantation sold for $3M
So I guess this would be considered a bad investment
Posted on 2/19/19 at 6:40 am to civiltiger07
quote:
So I guess this would be considered a bad investment
Not for the guy that paid 3M.
This post was edited on 2/19/19 at 6:45 am
Posted on 2/19/19 at 6:49 am to cbdman
Jesus H Christ .....why are newspaper websites the absolute worst on the planet. The "news industry" really sucks in every area...they cannot do anything right. 
Posted on 2/19/19 at 6:52 am to Crow Pie
You or I could not have bought it for Three million. The "other considerations" involves structuring the deal so that both parties are happy both from a tax standpoint and asset wise. It could involve a lot of different things.
Posted on 2/19/19 at 6:52 am to cbdman
Just the main house or do you get all of the for 3MM? Note - I was unable to read the Advocate article before I got Ad Aids.
Posted on 2/19/19 at 6:56 am to Crow Pie
I would think you get the entire property.
Posted on 2/19/19 at 7:49 am to cbdman
I almost got married there. Could've been me.
Posted on 2/19/19 at 7:54 am to cbdman
I was this close to having sex there about 10 years ago.
Posted on 2/19/19 at 7:58 am to OysterPoBoy
So you got married there also...
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