Frequently asked questions
The Werks features two different sized units, both with upstairs mezzanines.
The larger unit measures 50’ deep x 25’ wide for 1,250 square feet on the main floor. The mezzanine measures 12' deep x 25' wide 300 square feet for a total of 1,550 square feet.
The smaller unit measures 35' deep x 25' wide for 875 square feet on the main floor. The mezzanine measures 12' deep x 25' wide 300 square feet, for a total of 1,175 square feet.
We are taking reservations now. You will be able to reserve a garage unit with a $5,000 refundable deposit. All deposits will be held in escrow through ground breaking.
The remaining payment schedule is as follows:
20% Down Payment due at signing of Purchase Agreement (at Ground Breaking)
20% Payment due once foundation is poured
20% Payment due once unit (building) is dried-in (roof & walls)
Balance due at Certificate of Occupancy (closing)
Each condo will feature individually controlled HVAC that is individually metered. The Werks condos will have 100 amp service and will be pre-wired with rough-ins for 110V and 220V outlets and internet. Condos are also pre-plumbed and come with a half bath. Owners can add showers or kitchenettes. Car condos come with a 14'X14' insulated garage doors with remote openers, and a separate man door.. LED lighting and ceiling fans are included in each unit.
Yes. All Private Garages at The Werks are governed by the The Werks Condo Association, which is a non-profit corporate organization under State of North Carolina law and is responsible for the management, maintenance, operation and administration of the common elements, easements and affairs of the condominium project in accordance with the documents filed and registered with the State of North Carolina.
Owners may not rent individual space or parking to others in their garage. Owners may be allowed to sublease as long as the sublease is approved by the Developer and adheres to HOA Covenants and restrictions.
As with all real estate , the local tax assessor will determine the assessed value and apply rates.
Each garage has a separate electrical meter. Additional maintenance and services, including but not limited to, water, common area lawn care, exterior lighting, electricity, and garbage collection, will be included in monthly HOA fees which will be evaluated annually and are currently estimated to be between $275-$299 per month depending on the size and location of your particular unit. Satellite TV an internet services are provided individually. Taxes and Insurance are mandatory expenses.