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Buy A Loft, Get a Free Car

  • December 4th 2009

by Mark Wellborn

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Buy A Loft, Get a Free Car: Figure 1

Here is an incentive that will likely be enticing to car-less home buyers in the DC area. To sweeten the deal on its remaining five units, UrbanTurf has learned that Landmark Lofts has not only lowered prices, but if you buy a unit before the end of December, the development will also throw in a free SmartCar.

Landmark Lofts is located at 800 3rd Street NE (map) in the former Capital Children’s Museum. The lofts boast pretty massive living areas (36 feet by 24 feet), 18-foot ceilings and over-sized windows that can measure 12 feet by 15 feet. While a 3,000-square-foot loft at Landmark can cost you over $2 million, one-bedrooms start at $489,900 and two-bedrooms at $679,900.

If a free car is not enough of an incentive, developer financing is also being offered (3.5 percent down payment) and a 3 percent interest rate. Plus, it is right at the entrance to the H Street Corridor!

Update: We just got word that Savoy Court in Southeast (map) is offering a similar promotion. Although, given how much more affordable units are at Savoy Court (1BRs start at $159,900; 2BRs at $229,900) than at Landmark Lofts, you could say the free car at Savory is a much more generous deal.

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This article originally published at https://dc.urbanturf.com/articles/blog/buy_a_loft_get_a_free_car/1576.

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