Downtown Grand Rapids offers some incredible condos from cool, affordable urban studios at the Hillmount or the Boardwalk condos, to luxurious penthouses and lofts at Riverhouse condos or the Fitzgerald Condos. One of the problems we have been experiencing with buyers wanting to purchase a downtown Grand Rapids condo has been financing. Many of the condos, especially the “boutique” condos like Peck, Front Row, Cityview or 65 Monroe require a conventional mortgage with ten to twenty percent down. It can be difficult to come up with that amount of cash on hand.
Having said that, there are some condos that are FHA approved. This is important to many buyers, especially first time condo buyers looking to capitalize on the $8000 Tax credit. With an FHA loan, you need only pay a 3.5% downpayment on the loan. Much better than 10% or 20%!
Boardwalk condos are FHA approved! Just before last Christmas they were approved. Boardwalk is a great building with many amenities including a pool hot tub area, game room, theatre room, fitness center, roof top deck, salon and JD Reardon’s bar. These condos are loft style with exposed brick, exposed duct work, river views and tall ceilings. Many floor plans are available from studio, 1, 2 and 3 bedrooms and there are two courtyards, one with the pool and the other with a peaceful, wooded area where the outdoor grills are located.
The Hillmount condos are FHA approved! The Hillmount condos offer a
little different feel to the Boardwalk. The building itself is an older, solid brick buillding and it does offer a few amenities such as wireless (wifi) internet, fitness center and an awesome rooftop deck with grill. Many of these condos offer lovely hardwood floors and updated kitchens with stainless steel appliances. This is a great building located at the corner of College and cherry, minutes from the downtown core. Pets are allowed.
Union Square condos are FHA approved! Union Square is one of the coolest buildings in town. You have probably seen it while driving on the expressway at the junction of I-96 and US-131 highways. The building is the Union Square High School and there is a big mix of condos here from affordable 1, 2 and 3 bedrooms which also includes some incredible penthouse units. Amenites include a very nice fitness center and the roof top deck, pool and hot tub. These condos are loft style similar to Boardwalk but with more floor plans and larger windows. Some of the old school features like chalk boards and lockers have been blended in with the modern condo features.
Fulton Street Flats are FHA approved! This is a new addition to the downtown
condo scene and has just been approved. These are affordable 1 and 2 bedroom condos with some nice standard features accross the street from Davenport University and minutes to the downtown core. Some features include large balconies, hardwood floors and granite counters. I like the location here and for the money, you get a good sized condo with reasonable association fees, parking and laundry rooms in each unit.
For more information on any of these Grand Rapids downtown condos, visit my website or contact me any time.
Work Downtown, Live Downtown. Rare, corner, 
high school is now home to one of Grand Rapids’ coolest downtown condos and features a large deck with a pool and hot tub and grill and a fun common room with shuffle board, comfy couches and flat screens. Downstairs you will find a fully equipped fitness facility. One of the bonuses of living at Union Square is the Tax Free Living. Union Square sits in on of Grand Rapids’ 
600 Broadway Ave NW #238 and #411. Join me this Sunday afternoon for a tour of 
If you are in the market for a downtown 
The 
buyers, those looking for a second home, young professionals and students. People are curious to see what’s available. Of the various condos, the ones that get the most interest are 
Cityview condos and 65 Monroe get some love from the online community and it is well deserved. These condos are in one of 
for some reason don’t get the attention they deserve. Another overlooked condo is Fulton Flats. Very affordable new condo conversion with 3 out of 14 units sold. These are spacious condos with a good location and a good value. For the longest time, 
I am pleased to introduce you to this wonderful
100 year old high school is now home to the area’s coolest condos and features a large deck with a pool and hot tub and a fun common room with shuffle board, comfy couches and flat screens. Downstairs you will find a fully equipped fitness facility. Some of the fun features that the developer carried over from the old school are the old school chalk boards, those old big clocks that we all remember and in some of the condos, you can see the hardwood gym floors with the basketball lines still there! Stylish and classy, check this condo out. Tenant occupied, 24 hr notice preferred.
Union Square Condos are located at 
space. These downtown condos have large windows, 12 to 16 ft ceilings, 12 inch oak window sills and original trophy cases are some of the features that can be found. Common areas included in the association fees are a really cool pool/hot tub area on the roof, over-looking the freeways. In fact, if you are from the Grand Rapids’ area, you have probably seen Union Square at the junction of US 131 and I-196. There is a well equipped fitness center and parking garages as well as a relaxing common room with some games and flat screens.
One of the benefits to the owners of a Union Square condo is the tax break. Union Square are in one of downtown 
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