Thursday, January 23, 2014

Rapper Rick Ross set to Close on Evander Holyfiled Mansion



By Alexis Stevens
The Atlanta Journal-Constitution
 
Former heavyweight boxing champ Evander Holyfield once said his Fayette County compound cost $1 million a year in upkeep.

Now, those bills will belong to someone else. Rapper Rick Ross has a contract to buy the 235-acre estate previously owned by Holyfield, who lost the property in 2012 due to foreclosure, according to Jackie Campbell, the property’s listing agent.

Campbell told The Atlanta Journal-Constitution on Thursday that the property sale is scheduled to close Jan. 28.

“We do look to be on schedule,” Campbell said. “I feel fairly confident that it will close.”

The mansion hit the auction block in November, but that sale fell through, Campbell said. Although the sale price can’t be disclosed yet, it’s not far off the $6.875 million asking price, she said.

Last week, one of the rappers on Ross’ music label posted a picture on Instagram of the compound’s soon-to-be new owner.

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