Here is some more information on the Mica Condos:
- There are 140 units in the building.
- 82 of them have sold so far [as of 4/1/06].
- There are 17 studios in the building. All have sold for prices in the very low 200's.
- 10K for a surface parking spot. 20K for Garage Spot. Free spot for 2br/2ba, amd 3Br units. Monthly Parking Fees Apply
- Free 42' Plasma TV and 1 Yr Free Cable
- Condo Fees per month: Studios $240 a month, 1BR $390, 2br/1ba $459, 2br/2ba $645, 3br 2.5ba $716. Includes "Electric, Natural Gas, Water & Sewer, Pool,, Club Room w/ Billboards, Media Center, Fitness Center, Common Area Maintenance, On-Site Management, Reserves, Master Insurance Policy, Snow & Trash Removal"
- Realtor Agents 3%
- The sales people are pushing Interest Only ARMs 3yr, 5yr, 7yr or 10yr. There are only three companies that can do the loans George Mason, CountryWide and Wells Fargo.