Tuesday, May 26, 2009

43 Homes Sold at Cosmopolitan at Buckhead Auction

Morris J. Kaplan Communities and Morris & Raper Realtors are pleased to announce the successful sale of 43 homes at auction at Cosmopolitan at Buckhead. On Sunday, May 17, the 43 residences at the Buckhead community were auctioned in under two hours to a room filled with over 250 attendees eager to call the urban, upscale condo community home. The community has now entered the post-auction sales period, during which the remaining units will be sold.

Well-priced homes remain at Cosmopolitan at Buckhead. “The auction was a great kick off to our sell out phase, which is now underway,” said Janis Kirtz, President of Morris and Raper Realtors. “Remaining units are available in fabulous locations all throughout the building; on lower levels and upper levels, offering pool, skyline and treeline views, and with designated garage parking.”

According to Kirtz, Sunday's auction was “a means of accelerated marketing for the community.”

“The auction exceeded our goal of selling 40 homes,” said Kirtz. “Residences sold from the low $100,000s to $300,000s. FHA financing is available on homes at Cosmopolitan at Buckhead, allowing buyers to put down a 3.5 percent deposit. The $8,000 tax credit for first time home buyers also contributes to this success of the sales here. Post-auction pricing on the homes now ranges from $125,000 to $299,000 – still an unbelievable value for buyers looking for contemporary, intown condo living.”

Cosmopolitan is located in the exclusive Lindbergh area, convenient to midtown and downtown, and provides close proximity to the best that Atlanta has to offer. The community is a short distance to Phipps Plaza and Lenox Square Mall which offers upscale shopping and dining. Direct access to I-75, I-85, GA 400 and MARTA's Lindbergh station, which is within walking distance, allow for short trips to Atlanta’s numerous sporting events, museums and theaters.

Each urban residence at Cosmopolitan includes luxurious features such as gourmet kitchens with granite countertops, sophisticated 42” flat panel wood cabinets and spacious pantries, 10 to 12 foot ceilings, operable near floor-to-ceiling windows, large linen and walk-in master and guest room closets. Hardwood floors accentuate the hallways, living rooms, dining rooms, powder rooms and kitchens. All residences offer balconies or patios, select units have private terraces with pool access and magnificent downtown views and private street-front entrances. Select units also feature double vanity sinks, walk-in showers and garden tubs in master baths and pedestal sinks in powder rooms.

Cosmopolitan at Buckhead received the Best Amenity Package award from the Greater Atlanta Home Builders Association's OBIE awards. Residents enjoy a full slate of state-of-the-art amenities including a resort-style pool with terrace, fitness center, cyber café with virtual offices, piano bar, billiards room with four tables, 20-seat screening room, 24-hour concierge, WiFi in common areas, controlled access parking and a dramatic two-story lobby with a grand staircase.

To visit Cosmopolitan at Buckhead, from downtown Atlanta, take I-85 North to Exit #86/GA-13 North toward Buford Highway. Go one mile and take the Piedmont Road/GA-237 exit. Go one-third of a mile and turn right on Piedmont Road/GA-237. Go just over one-half mile and turn right on Lindbergh Dr NE/GA-236. Cosmopolitan at Buckhead will be on the right. The sales center at Cosmopolitan is open seven days a week, 11:00 a.m. to 6:00 p.m. Monday through Saturday and 1:00 p.m. to 6:00 p.m. Sunday. Exclusive sales and marketing is provided by Morris & Raper Intown. Interested homebuyers may contact the sales center at 404-815-0306 or visit www.cosmocondos.com.

Established to develop quality-built, multi-family urban communities that revitalize and enhance intown Atlanta, Morris J. Kaplan Communities is a full-service builder with a strong reputation for quality buildings and customer satisfaction. Founded by Morris J. Kaplan, President, the company specializes in creating unique floorplans, adding generous interior appointments normally found at higher price points and including state-of-the-art amenities that encourage community interaction. The company is also well known for creating impressive elevations with exceptionally memorable street appeal. Dedicated to offering homeowners in Atlanta more intown housing options and more in the way of an active and enjoyable urban lifestyle, Morris J. Kaplan Communities is also committed to utilizing creative “outside-of-the-box” construction techniques that result in highly affordable urban homes. For more information on Morris J. Kaplan Communities, visit www.kaplancommunities.com.
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