Agent Preview- W ATLANTA DOWNTOWN

W Atlanta Downtown Residences is located in Downtown Atlanta off Ivan Allen Jr. Boulevard in Atlanta, GA (30308).

W is for WOW! If you’re looking for high end service and amenities, this place is for you! W Atlanta Downtown Residences consist of 74 luxury condominium homes that occupy the top floors of the hotel building. W Atlanta opened in 2009 as the first newly built W hotel in the city. W Atlanta is owned by Downtown Atlanta Hotel, LLC, under the control of Square Mile Capital Management LLC and is marketed by The Marketing Directors LLC. The first 15 floors of the building consist of 237 elegant guest rooms, the 16th floor consist of the upscale amenities, and the 17-27th floors consist of the high end luxury condominiums.

W Atlanta Downtown offers the most fabulous services, restaurants, and amenities that are endless. As a homeowner you receive 20% off services and get preferred seating at the restaurants and bars. Services include airport, limousine and helicopter transportation, pet services, concierge, laundry/dry cleaning, In-room dining, medical assistance, currency exchange, bellman, valet, shoe shine, 24 hr. security, wake up service, 24 hr. front desk, business services. Indulge in the bars and restaurants such as BLT Steak, Drinkshop, Living Room, and Wetbar. And, then take advantage of the SWEAT Fitness Center, WET outdoor heated salt water pool, Bliss Spa (message/spa treatments, manicures/pedicures, and waxing), and enjoy the sun deck.

The luxurious appointed condominium homes feature hardwood floors, 14’ ceilings with 8’ solid wood doors, floor to ceiling windows with the most amazing views, 14’ balconies, high end bathrooms, stainless steel Gaggenau appliances, 5 burner gas range, built-in wine refrigerator, siles stone countertops, surround sound upgrades ($5 – 30K) and washer/dryer connections. 1 bedroom homes come with 1 parking space, and 2 bedrooms,3 bedrooms, & Penthouses come with 2 parking spaces.

My personal experience/opinion:
WOW and AMAZING!!! W Atlanta Downtown has it all from the services offered to the bars to the restaurants to the glamorous high end condos. One bedroom homes range from $199,900 to $708,900 with HOA costing about $.59 per sq. ft. ranging from $425 to $894 month. Two bedroom homes range from $299,900 to $713,900 with HOA ranging from $686 to $1064 per month. Three bedroom homes range from $897,900 to $904,900 with HOA ranging from $1350 per month. Penthouse pricing is available upon request. Required earnest money is $10,000. The atmosphere and the energy of this place seemed magical and sexy. This building and style of living isn’t for everyone but once you experience it, you’ll be truly amazed.

If you’re interested in purchasing at this community or in the neighboring area, contact me and I’ll be more than happy to assist in finding your perfect new home.

Jon Chapman, Realtor, CNS
(404) 285-9738
Jrchapman77@gmail.com

Agent Preview- LOFTS AT REYNOLDSTOWN CROSSING

Lofts at Reynoldstown Crossing (Formerly known as Triumph Loft) is located in Reynoldstown off Memorial Dr. neighboring Cabbagetown in Atlanta, GA (30316).

Reynoldstown lies in NPU N. It is listed on the National Register of Historic Places as a historic district. Local landmarks include the Colgate Mattress Factory lofts, Trees Atlanta headquarters and nursery, and the former Atlanta & West Point Railroad depot.

Lofts at Reynoldstown Crossing is owned by the BeltLine of Georgia and currently being marketing by The Marketing Directors. The historic building consist of 29 loft homes and was originally built in 1929 as a service building to the A&P Grocery building located directly across on the street which are now converted lofts as well (A&P Lofts). Within the past couple of months, Loft at Reynoldstown Crossing held a drawing/auction to sell these lofts quickly. This property is part of the BeltLine Affordable Housing Trust Fund Down Payment Assistance Program for Community Land Trust. This means that in order to qualify for the down payment assistance of $64,800, you must be a first time home buyer, must be owner occupied (no investors or rental units), and can only have a maximum salaried income of less than $68,300. In order to qualify for the $100,000 down payment assistance you must meet qualification criteria said above PLUS you must be a first responder (Police, Fire, Emergency) and/or a teacher working for the City of Atlanta. As of March 23, 2012, only 2 homes remain out of the 29. One of the homes is a Down Payment Assistance unit (must be a first responder or teacher) and the other one is the Penthouse (conventional financing).

This small loft community is a brand new loft conversion with nicely appointed details such as concrete, tile, and hardwood flooring, concrete 14’ ceilings, glass front loft walls/windows, spacious interiors, stainless steel appliances, granite countertops, glass tile backsplash, and glass tile tub/shower surround. The community amenities consist of pool, hot tub Jacuzzi, rooftop terrace, small fitness center, elevator access, controlled access, open parking (no covered spaces), and convenient location to shops, restaurants, entertainment, and I-20 and I-75/85.

My personal experience/opinion:
I have known this property since it was Triumph Lofts. After several years of unsuccessful sales, the property sat vacant for several years and began to look distressed. The property has a whole new vibe now and good sense of energy. I was pleasantly impressed by the finishes and location. The only downfall is you must jump through leaps and bounds just to qualify to purchase a unit. The qualification requirements are VERY specific so if you’re looking to purchase a home quickly, this would not be the property for you.

If you’re interested in purchasing at this community or in the neighboring area, contact me and I’ll be more than happy to assist in finding your perfect new home.

Jon Chapman, Realtor, CNS
(404) 285-9738
Jrchapman77@gmail.com