$18 million less than the asking price

Hulk Hogan sells Gulf Coast mansion

GMT 15:32 2012 Monday ,16 April

Arab Today, arab today Hulk Hogan sells Gulf Coast mansion

The luxury mansion
New York - Arabstoday

The luxury mansion New York - Arabstoday Wrestler Hulk Hogan sold his Gulf front estate for $6.2million, down more than $18million from his original asking price. The 17,000-square-foot mansion has five bedrooms, eight full baths and three half baths, a gym, a tanning room, a wet bar, a hot tub, a guest house, and a swimming pool with waterfalls. Hogan, 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. The reality TV series “Hogan Knows Best” was filmed in the elaborate home. Five years ago, Hogan originally listing the waterfront property for $25million. Due in part to the stagnant housing market, the reality star and wrestler had to dramatically lower the price.

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