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NJMP Motorsports Park garage condos are making progress!

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Old 12-22-2013, 06:48 PM
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BrandonH
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Default NJMP Motorsports Park garage condos are making progress!

Visited mine yesterday, really exciting. These make so much more sense than the 'luxury' condos they built: 1300sf, but bath and sleeping loft so you can stay there. Plenty of room for a shop, car storage, etc. Incredible perch for watching action on Thunderbolt.
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Old 12-22-2013, 07:18 PM
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Pretty cool. Is that electrical conduit that's going under the slab?
Old 12-22-2013, 08:22 PM
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93 FireHawk 968
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How many has NJMP sold? They look intriguing but I was concerned the actual market for them would be soft.
Old 12-22-2013, 09:06 PM
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Originally Posted by 93 FireHawk 968
How many has NJMP sold? They look intriguing but I was concerned the actual market for them would be soft.
I think 10-12? They are a much better bet than the condos due to broader uses eg I think one or two are owned by tuner businesses. I think anything on the property has it's own risks in that it's fate is tied to the fate of the track. But the track seems to be doing fine so I thought it was worth the plunge.
Old 12-22-2013, 10:42 PM
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93 FireHawk 968
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Thanks Brandon. Good luck with the garage, I look forward to seeing photos as construction progresses.
Old 12-24-2013, 05:31 PM
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They will sell. Wonder if you can sub-lease them ?
Old 03-28-2014, 02:54 PM
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Default Making progress

Long hard winter slowed things down but pace now accelerating. Siding going up, floors getting poured. Mine will have an flush in-ground scissor lift in main bay. Can't wait! Member days at NJMP cancelled this weekend due to weather.
Longer thread over here: http://garagejournal.com/forum/showthread.php?t=217642
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Old 03-28-2014, 03:37 PM
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Cool!

Not that I'm in the market, but curious if there is somewhere to find out how much they are currently selling for?
Old 03-28-2014, 03:41 PM
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Originally Posted by Matt Romanowski
Cool!

Not that I'm in the market, but curious if there is somewhere to find out how much they are currently selling for?
Contact Megan Varrell

"We are requiring a 10% deposit to begin the process and to move into the agreement of sale. The level of taxes and association fees will be dependent on the size of the space. Depending on location the preliminary pre-construct cost will be $125 to $135 per square foot. The timeline of construction is anticipated to complete approximately May 2014."
Old 03-28-2014, 04:02 PM
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That seems like a fairly reasonable price.
Old 03-28-2014, 04:24 PM
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93 FireHawk 968
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Brandon, The garage looks awesome and I can only imagine the excitement as it becomes reality. It's going to be a real man cave. No reason to ever go home.

Any clue for how many units have been sold?
Old 03-28-2014, 07:10 PM
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Very reasonable. Mine at VIR was $106/sq ft plus up fitting.
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Old 03-28-2014, 07:27 PM
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Very cool they pour the slab with the opening for the scissor lift.
Old 05-24-2014, 10:39 PM
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Visited the construction site today via Cessna 172 but forgot to take photos til departing. Space looks just awesome. Big delays with local zoning officials so I'm not expecting to be in tip August...
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Old 05-25-2014, 08:22 AM
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Nice!


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