According to a recent search on Metrolist® the Penthouse Loft at the Old Sac iLofts is still "active and available." Snatch it while you can! The fully furnished unit, priced at $539K, offers a rare opportunity to own a piece of Sacramento's historic district, in addition to a variety of ultra high-end features and modern amenities.The iLofts, a small but mighty project at the Mechanics Exchange Building, has been a bonafide success story amid so much market turmoil. In fact, a recent report in the Sacramento Bee states the developers have sold eight of the nine units, and also have two tenants in place for the ground floor retail units--Jet Modern, a home furnishings store, and Vanity Modern Salon.
Like other major metropolitan areas across the US, Sacramento is seeing a strong movement towards urban living. This project's quick sell out is proof that people are starting to crave character and convenience over the traditional suburban lifestyle model. Experts predict that urban infill projects like the iLofts will remain popular, even through the housing downturn, as our values towards quality of life change. Only time will tell...but let's hope they're right, and that the downtown market continues to thrive!
Fore more information about this project contact me, or view the developer's website at: http://www.oldsacilofts.com/


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