Monday, December 14, 2009

Marquis Vista: Get a significant discount on apartments in Downtown Atlanta that are so new, construction is not yet complete

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The area in and around Downtown Atlanta has historically been under-supplied with new construction or high quality rental product, but that has changed recently with the delivery of hundreds of new apartments in 2009.  Three new luxury Downtown area apartment communities – Alexan 360, Pencil Factory Flats, and Marquis Vista – have added nearly 1,000 luxury units offering the latest in interior finish and community amenities that the discriminating renter demands.

Marquis Vista (http://marquisvista.com/) is the latest Atlanta area multi-family project in the Downtown Area.  Marquis Vista is located very convenient to Georgia State University, at the intersection of Piedmont and Ralph McGill. With 204 units total this project features unique community amenities including a salt water pool, state of the art fitness center with free fitness classes, all carpet interior corridors, a cyber lounge and theater room, and rooftop clubhouse with skyline views of Downtown, Midtown, and Buckhead.

All units have functional balconies wih 8 foot sliding glass doors and designer light fixtures and faucets, nine foot ceilings, granite countertops and wood cabinets, and a mix of hardwood, carpet, and ceramic tile flooring.  A unique feature of this apartment versus some of the other new apartments nearby are painted accent trim, sage colored carpet in the bedroom, and hardwood floors througout the kitchen, dining, and living spaces.

Safety concerns are allayed with interior-only corridor access to apartments, several layers of controlled access from the street and parking garage, and numerous cameras providing constant surveillance of common areas and the parking garage. Residents can park on the same level as their apartment unit and avoid stairwells and elevators when walking to their unit.  Additionally, an electronic programmed key provides ease access to the apartment, parking facility, apartment buildings, and common use facilities with one device.

Leasing commenced at the Marquis Vista in December, and the complex has signed 17 leases to date. In order to encourage a faster lease rate, Marquis Vista has dropped per month rental rates nearly $300 per unit.  Marquis Vista is offering a $99 sign and lease special (includes administration and application fee). Washer and dryers are being included with rent and security deposits have been reduced to $87.50. Also, and only for the near immediate term, Marquis Vista is not charging a premium for higher units or units with skyline views. One bedroom units start at $945 and two bedrooms start at $1,275.

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