Condos
Condo's are selling for $99,900 in uptown Charlotte.
Buyers have snapped up 58 since news of 154-unit Fourth Ward Square's conversion to condos from apartments filtered out a few days before Easter.
One- and two-bedroom condos, between 560 and 1,212 square feet, are listed from $99,900 to $120,900.
The new 27-story Catalyst, which recently converted about half of its 462 units to apartments, set starting condo prices at the $170,000s. The largest and most desirable units in the center city's luxury towers range to more than $1 million.
Fourth Ward Square pricing - $99,900 to $120,900 - certainly is a driving factor in the sales surge.
Interest rates are low, and this is the traditional spring sales season.
First-time buyers - the project's target - also can take advantage of an $8,000 tax credit and, if qualified, get 100 percent financing.
Early Monday, only one of eight $99,900 units in the first phase remained unsold.
The Fourth Ward Square exterior will get a new roof, new paint and other improvements, but the biggest emphasis will be on contemporary interiors.
Condo features include new carpet and flooring, full-size washers and dryers, refrigerators, built-in microwaves and dishwashers and plumbing fixtures.
The pool will be converted to saltwater. The refurbished club will have a fitness center, business center, conference room and catering kitchen.
Call me or email me Today to take a look before they all are sold!!!
