SOURCE: The Marketing Directors

The Marketing Directors

March 11, 2010 10:02 ET

Lower Pricing at Discounts of More Than $100,000, Location, and Amenities Propel the Laurels' Success

MEMPHIS, TN--(Marketwire - March 11, 2010) -  The Laurels, a new boutique condominium of 40 homes, is the condominium of choice, with five contracts written in the last 10 days and several more expected to come this week. Recent contracts and high sales center traffic indicate that buyers are feeling a sense of urgency to take advantage of this incredible buying opportunity and purchase one of a limited number of specially-priced homes. 

In addition to its newly announced pricing, The Laurels attributes its sales success to a winning combination of quality construction, intimate size and the rare opportunity to own a new condominium home, located in a classic East Memphis neighborhood. As well, homebuyers are capitalizing on up to $8,000 in soon-to-expire tax credits and attractive financing programs available exclusively at The Laurels.

"We are thrilled by the positive sales response we're seeing at The Laurels," says Michael Greenberg of Makowsky Ringel Greenberg, LLC, developers of The Laurels. "We really wanted to create a unique development which provides lasting value to homebuyers and the community. Buyers looking for a convenient location, a vibrant lifestyle and a home with livable floor plans should visit before this opportunity is gone." 

The Laurels features 1, 2, and 3 bedroom homes with spacious floor plans ranging from 1,100 to 2,200 square feet, with 9 foot smooth ceilings and crown moldings throughout. Bedrooms include walk-in closets and spacious bathrooms with double vanities and granite counters. Kitchens include wood cabinetry, stainless steel appliances, undermount sinks, granite countertops and hardwood floors. All homes have large balconies, a washer and dryer and access to private storage lockers. 

Residents enjoy access to a wide selection of lifestyle-enhancing amenities, including a beautiful outdoor pool with terrace and outdoor kitchen, pet-friendly surroundings with a designated "bark park," covered and controlled-access parking and lushly landscaped grounds. 

The Laurels was developed by Makowsky Ringel Greenberg, LLC, a Memphis-based, family-owned real estate firm which is well-respected for the management, development and construction of quality, multi-family communities throughout the mid-South. Sales and marketing is provided by The Marketing Directors, LLC.

The Laurels is located at 3520 Central Avenue at Highland, Memphis, TN. Homes are priced from $169,900. For additional information and to schedule an appointment, contact the sales center at 901-365-3520 or visit www.thelaurelsmemphis.com

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