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Sell Outs
Take More than 90 Minutes in Today's Market, But
Developer Predicts 80% of Latest Phoenix Condo Project
Will Sell Opening Weekend.
Be sure to call me today to before this condo sells out!
La
Terraza Biltmore,
Premium Biltmore Condo's
and Townhouse's of Distinctive Style!
In the heart
of Phoenix - Biltmore Area, there's Elegant Condo
Living at La Terraza Biltmore
Call Bette Zerba GRI REALTOR, REALTOR® for availability:
602-791-1766
La
Terraza will join MPC's elite family of elegant
Phoenix condominium sellouts
PHOENIX, AZ (SEND2PRESS NEWSWIRE) -- Confident
anticipation is running high as the grand opening
approaches for the impressive La Terraza at Biltmore
community. The development is Montecito Property
Company's latest upscale Phoenix condominium
conversion . Montecito is
nationally recognized as the fastest growing and
second-largest condo conversion company in the U.S.
Company CEO Chip Conk says La Terraza is "poised to
be Montecito's next Phoenix success story" when
sales begin Saturday, April 1. Hundreds of potential
buyers and guests will attend the gala grand opening
event. "We anticipate selling through 80% of our
units come opening weekend," he says. "That will be
a big win in my book."
Montecito's success in Phoenix is legend. Seven
months ago, the company sold out its 367-unit,
Biltmore Square at Camelback community in 91
minutes, transacting over $90 million in business in
less than two hours. 'A world record' wrote an
elated Conk in an internal email. Montecito's Aventura opened a month later in October and Montage
in December. Each community sold out in four hours
or less, ringing up sales of $61 million and $80
million, respectively. It may take a few days
instead of hours, but La Terraza is on board to do
likewise, says project director Kevin Newsom.
"What sets Montecito Property Company and La Terraza
at Biltmore apart from our competitors is our
location, price and quality," Newsom explains. "The
Greater Phoenix area market and specifically the
Biltmore District have been, and will remain, a
desirable haven for many buyers due to its wide
array of shopping, entertainment, outdoor activities
and convenient proximity to major thoroughfares.
It's said the Greater Phoenix Metro Area will be one
of the top 5 largest cities in the U.S. in the next
ten years. The demand for quality, reasonably priced
homes in this area is here to stay." That long term
demand bodes well for today's buyers. "In my
opinion, condo home sales will remain a significant
force within residential real estate," says Newsom.
Condominium home living is an increasing preference
among buyers for significant reasons. "It's really
all about lifestyle. Condominiums cater to the
individual that prefers carefree living with a wide
range of amenities steps from their front door,"
Newsom explained as he ticked off La Terraza's many
amenities. "The appeal of condominium homes is their
lower purchase price and limited home maintenance
headaches as compared to those of a single family
home." MPC also offers preferred lender
relationships with nationally recognized
institutions that have creative loan programs ideal
for the first time primary, secondary or investor
buyer.
Minutes from the upscale business, retail and
entertainment options of Phoenix's Camelback
Corridor,
La Terraza has oasis-like grounds,
tropical pool, waterscape and lush, native
landscaping. Contemporary Tuscan architectural
elements define the garden-style, 224-unit
community. Varied and spacious one and two bedroom
homes have spiral staircases, high ceilings,
oversized closets and well-appointed baths. Loft and
town home floor plans range in size from 827 sq. ft.
to 1,448 sq. ft. with direct-access garages, a
private patio or balcony and full-size washer and
dryer. Pricing begins in the $210's.
Edited by Christopher Laird Simmons
Staff Writer, Send2Press.com
To receive more information on these
beautiful townhouses and condos in Phoenix, or to
set up an appoint for viewing, please call
Bette Zerba GRI REALTOR, 602-791-1766
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