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Thursday, September 01, 2005

French Quarter Lofts 50% Sold Out

The French Quarter Lofts are already 50% sold out. The loft project will be located a 1/2 block east of Las Vegas Blvd - about 2 blocks from the new courthouse in the heart of the lawyer district in downtown Las Vegas.

The project consists of 34 lofts ranging in size from 912 to 2,464 square feet with the lowest price-tag now at $411,900 for a 945 square foot loft on the eight floor. (that runs about $435 per square foot, which is actually pretty good in this market at this time.)

The lofts include 8 foot french doors, flower lined balconies, twisted wrought iron, hard wood floors, slab granite counter tops, travertine tile in the bathrooms, 11'8" ceilings, category 5 wiring, double ovens, and direct elevator access to some lofts.

The building will have 2 elevators for the 34 units along with a rooftop running track, a swim spa, and a fitness center, with parking on the 2nd and 3rd floor including residential parking on floors 4 and 5.

If you want to get on their reservation list, they require a $10,000 refundable deposit made out to "Old Republic Title" to reserve a unit and they anticipate going to contract in January of 2006 with the remainder of the 10% downpayment. So that gives you some time to decide whether to move forward or not. They anticipate project completion in the fall of 2006.

If any of this sounds good to you, let me know and I'll get you info on the specific units they still have available.

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