Condo owners who sold property after Ivan see dramatically mixed results | Breaking News from the Press-Register - al.com

Condo owners who sold property after Ivan see dramatically mixed results | Breaking News from the Press-Register - al.com: "ORANGE BEACH, Ala. -- In the aftermath of Hurricane Ivan, the owners of the Sapphire Beach condominium complex were nearly unanimous in their decision to halt repairs and sell their Gulf-front property to a developer.

Five years later, the outcome has varied dramatically among the 42 former owners.

Some sold their stake for a shade under $1 million -- in many cases, more than three times their investments in the four-story complex."