Friday, April 13, 2012

Hulk Hogan Sells Gulf Coast Mansion For $6m (After Asking For $25m Five Years Ago)

Sold! Hulk Hogan's massive mansion was sold to an unnamed buyer for a paltry $6.2million, millions less than the original asking price

A Real Estate Beat Down? Hulk Hogan Sells Gulf Coast Mansion For $6m (After Asking For $25m Five Years Ago) -- Daily Mail

Wrestler Hulk Hogan has finally sold his infamous 17,000-square-foot Gulf front estate for $6.2million, down more than $18million from his original asking price.

Hogan, whose real name is Terry Bollea, bought the land with his then-wife Linda in 1992 for $2million and built the house in 1996.

He put it on the market soon after Linda filed for divorce from him and a slew of costly lawsuits drained money from the wrestler.

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My Comment: The house probably reminds him of his ex-wife .... hence the quick sale.

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