If you purchased in Twelve Atlantic in 2010 or 2011, especially a one bedroom, one bathroom unit, you can list with me today and make some money. Maybe as much as $40,000. That's because the one bedroom, one bathroom units in Twelve Atlantic are seeing tremendous interest from buyers paying with cash. The all cash deals requiring no appraisal are boosting the market values in this development. Call me at 404-418-8092 to discuss your listing potential.
Much of the market is short sales, but there are pockets of traditional resales in metro Atlanta. One awesome example is Twelve Atlantic where one bedroom, one bathroom condos sold for an average of $80,000 a year ago are now selling for $100,000 or more. Unit 2406 sold for $138,500 all cash in February. Buyers who purchased a unit in 2010 and 2011 have reason to celebrate their new equity and a 60% plus increase in value.
Unfortunately if you purchased a unit in Twelve Atlantic prior to 2010, you are still most likely very upside down. The original purchase price for many of the one bedroom, one bathroom units was over $250,000 with some over $350,000 depending on location of the unit's floor. You will need to consider a short sale or get a loan modification or continue on course in expectation of a full market recovery. Call 404-418-8092 to discuss your situation with me.
Twelve Atlantic offers a tremendous amount of value to its residents. The concierge service is outstanding and well organized. The access to all of Atlantic Station is another HUGE plus. The movie theater, the Friday Food Trucks, the shopping, and so much more. Atlantic Station is a great destination and Twelve Atlantic residents enjoy all the place offers.
For more information about Twelve Atlantic and the available units, please call 404-418-8092.
Office 404-418-8092 Cell 404-246-3210 Fax 404-991-3770