Encore Condos Offer Close Out Prices

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.