Home Prices Are On The Rise At This Racetrack

Home Prices Are On The Rise At This Racetrack

© 2008, Roadracing World Publishing, Inc.

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High Rock Increases Prices as Over 100 Townhomes are Reserved Less than 20 trackside units remain SPENCER, NC With nine months until the official facility grand opening, High Rock Raceway officials today announced that a limited number of townhomes remain for sale. More than 100 of the 120 race townhomes already are off the market, and officials said this week that, effective immediately, prices on the remaining units will increase. “We are delighted to have crossed the 100 unit threshold in reserved units” said Dave Risdon, High Rock’s Chief Executive Officer. “We plan on closing on our financing in October and bringing out the road graders in full force.” High Rock Raceway’s luxury two-story townhomes include a climate-controlled garage and roof-level, observation deck. Owners can keep performance vehicles in the garage and enjoy exclusive access to the track on 60 pre-scheduled, members-only track days each year. Pricing for a one bedroom unit is now $300,000, while two-bedroom units are $360,000. These prices include an Individual Membership at no additional charge. Separately, Individual Memberships may be purchased for $35,000 and Corporate Memberships may be purchased for $50,000. The Race Townhomes are located in prime viewing areas at various locations alongside the track. Townhome owners can access their units 24 hours a day, 365 days a year. Owners also have quick and easy access to the paddock and track. Townhomes feature a number of optional design features and enhancements, including numerous kitchen, bath, living and bedroom design installations as well as extensive tool and equipment options for the garage. Anyone interested in learning more about the remaining available townhomes can contact Sam Barnett, High Rock Raceway’s Vice-President of Development at 704-241-3666 or [email protected]. Barnett is a licensed Realtor® with Coldwell Banker United. About High Rock Raceway High Rock Raceway will be the first dedicated road course in North Carolina. Designed by legendary road racer Elliott Forbes-Robinson, this world-class road course will feature 14 turns, 10 successive changes in elevation and span 2.15 miles. The Raceway will host both amateur and professional car and motorcycle race events. The facility is a true “Racing Country Club” and Raceway officials are currently enrolling memberships and selling luxury, two-story, 1,600-square-foot townhomes. The Raceway is located in Spencer, North Carolina, directly off Interstate 85 and approximately 40 minutes north of Charlotte and 45 minutes south of Greensboro. It is scheduled to open in summer 2009.

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