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Friday, May 27, 2005

C2's the Choice For Off Strip Loft Living

It's been awhile since I first heard about this development, but yesterday I finally got the opportunity to preview the C2 Loft project and must say I was very impressed with what they are offering.

Although not a high-rise, this "true loft" project calls for a total of 100 units in 2 separate 5-story buildings which include raised 20-foot ceilings, open floorplans, floor-to-ceiling windows, and garage access with 2 reserved parking spaces. A retail component is planned as well. (which, as mentioned in a previous post, should not be overlooked). Construction will hopefully begin in July 2005 with move-ins anticipated for the fourth quarter 2006.

The 5 different floorplans range from 1,430 square feet for the "Lace" unit to over 2,705 for the "Suede" model with pricing from $515K to over $1 million and homeowner association fees costing approximately $350/month.

However, take note: this is not a project for investors, despite the fact that you'll most likely see significant appreciation in your unit over time. C2 is targeting owner-occupants for their lofts. In fact, according to the contract, you won't be able to sell your unit for 2 years after the close of escrow.

If you don't mind living off the Strip, you certainly can't go wrong with Summerlin, and C2's location pretty much assures that buyers will live close to a variety of conveniences, including immediate access to many recreational, restaurant, and entertainment venues the Summerlin area features. In fact, the project is located just west of where Station Casinos is currently building their well-anticipated Red Rock Resort, Summerlin's answer to the Green Valley Ranch in Henderson.

Plus, C2 has made it very easy for reserving a unit with a $20,000 refundable deposit at reservation signing along with 5% down at contract with another 5% thirty days afterwards. You'll be customizing your own unit, so they also require 50% down on design center options at contract as well.

If you're into loft living in Las Vegas, the C2 Loft project should certainly be on your list of options.

Although this is their first loft project, C2 Lofts is being built by Christopher Homes, who enjoys an excellent reputation here in town. As we've seen time and time again, the strength of the developer is one of the most important aspects of your purchasing decision so contact me (702-336-5554) if you'd like to register for this project or any other project in town.

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