Purchase Information
Why buy a townhome at Centennial Park North?
Centennial Park North offers suburban spaciousness in the heart of Atlanta's
vibrant, growing Downtown. The large two and three bedroom residences have open
floor plans, two and three car garages, large closets, private patios and
porches, built-in bookshelves, pantries, fireplaces and gourmet kitchens. Since
it is a townhome community, you will be spared many of the time consuming chores
of single home ownership.
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How many are available?
Phase I includes 45 two and three bedroom homes. Presently, five (5) homes are
available.
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Where is it?
Centennial Park North is located at 560 Centennial Olympic Park Drive. The
location is perfect – just off the North Avenue exit of I-75/85 South. Take a
right off the North Avenue exit, go just 1-block and turn left at the traffic
light. Centennial Park North is 1/2 block on the right.
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Which businesses are nearby?
People who live at Centennial Park North may well have the shortest commute in
town. The Coca-Cola Company, CNN, Turner Broadcasting, BellSouth, Crawford Long
Hospital and the Bank of America Plaza are all exceptionally close, as are the
skyscrapers of Downtown, Midtown and Buckhead.
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Is there entertainment nearby?
It is less than four blocks from the dining, nightlife and entertainment
opportunities of Peachtree Street, including The Fox Theatre. The theatres and
clubs of Midtown, Buckhead and Atlantic Station are just minutes away.
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What is within walking distance?
Georgia Tech, Centennial Olympic Park, the Georgia Aquarium, the new location of
the World of Coca-Cola, Philips Arena, the Georgia Dome, the Fox Theatre and
many more sports and entertainment venues are a short stroll away.
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What about shopping?
The boutiques of Midtown and Buckhead are nearby, as are Lenox Square and Phipps
Plaza. Nearby Atlantic Station has retailers including IKEA and Dillard’s. There
are several nearby grocery stores including Publix, Kroger and Whole Foods.
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What will the townhomes cost?
Prices start in the high $600s. This is below the cost of townhomes of
comparable sizes in nearby communities.
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What will the neighborhood be like?
While the community is in the heart of an exciting city, it is planned to be a
quiet residential neighborhood with growing families.
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Where will the children and pets play?
The new community will have a small park, a tot lot, and a pool. Centennial
Place YMCA, Centennial Olympic Park, Sheltering Arms Child Development Center,
and The Children’s Museum are within walking distance. It’s just a short drive
to Piedmont Park (which has a dog park), the Atlanta Botanical Garden and the
Center for Puppetry Arts.
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Which schools are nearby?
Young children will be close enough to walk to one of Atlanta’s best schools –
Centennial Place Elementary School. Centennial Place Elementary is a year-round
school which promotes and instills quality education. Older students will attend
Inman Middle School and Grady High.
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What about colleges and universities?
Centennial Park North is within a block of the Georgia Tech campus. Georgia
State is less than two miles away. Both universities are nationally recognized
for excellence, with highly-ranked undergraduate and graduate programs.
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What if my family grows?
Most homes have room for expansion into attics or basements.
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What will the association fee be?
Centennial Park North is a fee-simple community, with an annual association fee
of approximately $1,500.
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What should I do if I’m interested in buying a home at
Centennial Park North?
If you are interested, a sales contract, a bank pre-qualification letter and
$5,000 in earnest money will be required.
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Why buy now?
Buying now lets you chose the home that is perfect for you, rather than being
restricted to what's available when the community is complete. It also allows
you to choose the colors, fixtures, finishes and upgrades that best suit your
taste.
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Would I be able to buy a Centennial Park North Town Home as
an investment, and rent it to someone else?
Yes. A limited number of homes may be rented to tenants. However, in order to
protect the equity of the individual homeowners and to preserve the property as
a predominately residential community of owner occupied homes and to prevent the
properties from assuming the character of an apartment complex, no more than 25%
of the homes can be rented at any one time.
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