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®ic Sea
News Features
THURSDAY, JANUARY 19,1984-1C
[JrY 19,
Colly developing first Bay condominium complex
By WAYNE DUCOMB JR.
A local developer has constructed the first three condominiums ever built in Bay St. Louis and plans to build 20 more in a $1.75 million project.
Maurice Colly of Bay St. Louis says his Sunset Place Townhomes at the corner of Sunset Drive and US-90 are the first condominiums built here.
He plans to build the remaining condominiums in phases within the next 18 months.
The completed	con-
dominium complex will be six buildings each containing three to four townhouse-type units, he says.
Colly feels his prime prospective buyers	are
businessmen, working couples, single professionals and persons planning to retire soon.
He admits the $75,000 price tag on each of the two-story, 1%-bath, i,600-square-foot dwellings may at first seem to be a little high, but believes the ‘additional touches not ordinarily found’ in condominiums justify that cost.
He says those extras included in the purchase price are oak stairwells, kitchen trash compactors, refrigerators with ice makers and cold water dliniiunx. lelf-
and an escrow account will be established for exterior maintenance of the buildings,” Colly states.
He reports there are no plans for building a swimming pool at the complex because that would add greatly to residents’	monthly
maintenance costs.
Colly says his years of experience in the engineering field allowed him to design the townhouses himself.
He feels these townhouses represent an innovative housing alternative and a boost to the city economy.
“These spacious townhomes have been designed to provide the ultimate in comfort, freedom from upkeep worries and economy in energy expenses,” Colly states.
“The location offers convenience to all churches, shopping and restaurants, and close proximity to the Gulf without
hurricane worries,” he says.
“Sunset Drive is one of the best residential streets in Bay St. Louis,” he adds.
Balboa Services, Inc. of Gulfport is the general contractor for the $1.75 million project, he notes.
The developer reports the townhouses qualify for conventional or Veterans Administration financing.
FRONT ENTRANCE—Maurice Colly, a Bay St. Louis developer, stands in the front entrance of one of three condominiums he recently completed in a $1.75 million project in
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which he plans to build 23 units to complete the development of Sunset Place Townhomes at the corner of Sunset Drive and US-90 here. (Staff photo by Wayne Ducomb Jr.)