Closings/Sales pick up for Atlanta-based active adult builder in 2010
ATLANTA – Jim Chapman Communities (JCC), one of Atlanta’s premier active adult builders announced today that it increased closing revenue by $6 million (70.3 percent) and closings (13) over the same period in 2009. The average closing price also increased by $58,801 (23.2 percent).
This year proved very successful for JCC, who has sold a total of 58 homes since January. In addition to its improved sales numbers the builder has also witnessed an 800 percent increase of new home starts this year over the same period in 2009, starting 41 homes this year, opposed to five the prior year.
“We are very pleased with the way 2010 has gone,” said Kelly Dempsey, vice president of Sales and Marketing for Jim Chapman Communities. “We definitely feel like things are continuing to move in the right direction and we expect the trend to continue in 2011.”
Jim Chapman Communities has built its reputation by building elegant yet affordable one-level ranch condominiums and detached homes in communities across metro Atlanta including Douglas, Gwinnett, Cobb, Fulton and Forsyth counties.
Jim Chapman’s popular communities typically feature the builder’s signature two-and-three bedroom quad ranch condos as well as two- to four-bedroom single-family home floorplans. Bonus rooms with full baths, great rooms with fireplaces and kitchen upgrades are also available. Homes are mostly all-brick and stone construction with inviting front porches, vaulted ceilings and oversized master suites.