I look every day to see what new lofts come on the market in the Atlanta area and came across a foreclosed loft that is unbelievably cheap. I sold the exact same unit next to it a couple of years ago for $40k more.  This is a 2 bedroom / 2 bath loft plus it has a huge mezzanine level that could be used for a 3rd bedroom, additional living room or office space.  The sq. ft on it is just over 1700 sq. ft. It is currently on the market for less than $240,000.  The big drawback is the monthly HOA fees are at $385 per month.  That's a Bummer...however I do not know of any other lofts that have this amount of sq. ft. for this cheap in the Atlanta area...

This building is really nice and the units tend to sell pretty quickly and the location is decent as well.   I haven't been inside the unit as of yet so it could be a huge mess but since the building was constructed only a couple of years ago there couldn't be too much wrong with the place except maybe cosmetic stuff.   I will probably swing by there on Sat. to check it out and will post more info about it. In the meantime, if you want more information just email me at nesa@theloftstop.com .

UPDATE AS OF 2/27/08 - UNIT IS UNDER CONTRACT