UPDATE: THE AUCTION IS CONFIRMED FOR FEB. 28TH AT THE HILTON HOTEL. Download the Sabine Auction Brochure.
CWS Capital, the developer of the Sabine condominiums, is scheduled to auction the remaining units in the 80 unit building during the last week of February. Kennedy Wilson will be handling the auction, and I imagine it will occur in the conference room at the Hilton downtown just as their other auctions have. No confirmed dates or locations have been set, but email us if you are interested and we’ll forward details as soon as they become available.
The Sabine is a 10 story office building that has been converted to 80 residential condominiums. The building is located at 5th & Sabine, just west of I-35 along Waller Creek. Unit interiors afford high ceilings, sealed concrete floors, maple cabinetry, stainless appliances, Silestone counters, subway tile baths and large windows. More information about the property is available on the project website www.thesabine.com
Original pricing started in the low $200,’s and topped out around $530,000 for the premium downtown facing unit on the top floor. On average, the units were originally priced in the $280/SF – $320/SF range. We anticipate substantial discounts at auction of approximately 25 – 40% off the original list price.


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