The 332 unit Encore condo building in downtown Nashville is nearly sold out. The owners, Giarratana Development and the Novare Group, have sold nearly 80% of the building and are now in what appears to be the close out phase.
Here is the current incentives package for 2 bedroom condos in the Encore:
• Prices that now begin at $290,000
• Hardwood flooring in the living and kitchen areas
• All appliances now included (fridge, micro, range, oven, dishwash and w/d)
• Up to $4,000 in closing costs
• 1 year of HOA fees
• $1,500 California Closets credit
Obviously, these incentives are only valid for new purchases only, but the real story here is that 2 bedroom condos now start as low as $290,000 and not the previous $315,000. If you compare this with other project in Nashville like the Icon in the Gulch or the Rhythm, you’ll find these prices to be extremely attractive.
There are several premium view 2 bedroom condos remaining in the Encore, including high floors and river views. If you are considering a condo purchase in downtown Nashville, you shouldn’t forget about the Encore, it just may have the best pricing in town in the brand new high-rise product.