Yes, we have broken ground and site work is moving along on schedule. The first unit walls are already going up.
Yes, the exterior and interior of all 44 units will be the same when sold. Units are all the same size at 2250sqft. Owners are not allowed to make changes to the exterior but will have the option to change the interior as they please. The difference in unit pricing is solely based on the unit's location within the facility.
The units will be delivered to the owners with a "vanilla" interior. The standard features include a 5-ton TRANE HVAC system, LED track lighting, ADA rated bathroom, utility closet with a 200 amp electrical service , emergency exit lighting, free standing glass railed stairway, glass railed balcony, 25 commercial grade windows including six market push up windows, and 2 frameless glass garage doors. With the exception of the bathroom and utility closet, the interior walls will be left uncovered so that electrical and plumbing additions determined by the owner can be completed more easily.
No, your unit will be ready to use the day you take ownership. You never have to cover the walls unless you wish to do so. Some people prefer the open industrial look and may never want to alter it.
After researching luxury garage owners' preferences, we found most individuals prefer to customize the interiors of their units to match their personalities. Workbenches, offices, kitchens, bars, car lifts, TVs, showers, theater seating, etc. Leaving the walls open allows the new owner easy access to add or change the electrical or plumbing so they can achieve the layout they desire. Therefore, it is far easier to make these changes before finishing the walls with drywall or any other wall panels that mount to the existing metal studs.
Yes, we will offer a pre-approved additional up-fit plan that includes a finished kitchen, entertainment area, additional electrical and plumbing, as well as finished walls. Owners have the freedom to choose our preferred builder for these additions or design their own masterpiece with their own builder. If the owner simply wishes to have the drywall completed, that can easily be done as well.
No, all landscaping maintenance and facility up-keep are the responsibilities of the HOA.
Yes, the HOA will be the governing entity of the facility. The HOA will handle landscape maintenance, collections, rule enforcement, gate codes, and other necessary facility business and operations. We anticipate HOA monthly dues of $150 dollars. The HOA is not a profit seeking entity and will be controlled by the unit owners.
You will own a condominium land unit, meaning you will own a designated piece of land and everything that is built upon that land. You are responsible for interior and exterior maintenance of the structure, but the HOA provides all grounds and facility maintenance. One of Octane Park's major benefits is that you do not share any walls.
Yes, but only for long-term leases with a planned minimum lease requirement of 6 months.
No. By Mooresville town code, individuals are not allowed to use Octane Park units as a residence.
Yes and no. For the most part, you are not allowed to run a business out of your unit, however, individuals will be allowed to maintain a home office if they wish. From early feedback, we anticipate many owners will maintain a home office in Octane Park away from their primary residence.
Absolutely, we anticipate a great deal of entertaining will take place in Octane Park.
No. We are sure there will be plenty of exotic and collectable cars stored in the facility, but Octane Park will not be managed as a car club.
No. By town code and HOA regulations, trailers, vehicles or other items are not allowed to be stored outside overnight.
Yes, the complex will be open 24 hours a day, 7 days a week.
Please fill in the requested information on our ownership page. We will then reach out shorty with further information and details. Please be aware that a deposit is required to make a reservation.
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Octane Park, LLC - A Pruitt Development Company