Some Serious Deals At Central City Condos

I am not sure how many entire condo developments actually go under before even opening, but alas, Atlanta has one. Central City Condos was foreclosed upon before the developers could make a cent on it, and now you can get a deal if you are interested in living smack dab in-town on Ralph McGill Blvd close to the Civic Center. I visited the other day and must admit that the one and two bedroom condos are quite nice for the prices they are going for. And I did not see serious issues that one might expect from an entire development being foreclosed upon.

There is a nice small pool, a clubroom, a workout room, 24 hour security, and a parking garage. The only thing that is strange about the building is there is a bit of a Holiday Inn feel around the pool because there are hallways outside that lead you to your door. Yet, once in the one and two bedrooms condos, you have real hard wood floors, nice granite counter-tops, decks, berber carpet, and huge bedrooms - which is rare in many upscale condos these days. Easily a king size bed could fit in the two bedroom master suite. The bathrooms are well done, and heck, let me just say again these are great deals.

People have already moved in and seem happy at Central City. There are still over 50% for sale and you can get a once bedroom for as low as $129,900 and a two bedroom for as low as $189,900. That’s right folks - those numbers are real and again, I did not feel like this was a “half finished” building - it is nicely done. Let me know if you would like to go check it out, and we will see if we can get even more deals! (Pictures below are of the clubroom with pool beside it and a two bedroom living area.)

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2 Comment(s)

  1. Dale "Short Sale" Kirkland | Aug 19, 2008 | Reply

    This reminds me SO much of what is happening in the Miami oceanfront market right now. You can get many of the condos for a song and a dance - and those, like these, are keepers! Dale

  2. 30308 | Sep 5, 2008 | Reply

    I just put down earnest money on a 1BR and close in 18 days. I wasn’t really in the market but the value of this deal was too good to pass up.

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