Oakland Township, Michigan-Less than one year after buyers camped out to purchase the first condominiums released at Oakmonte at Silvercreek, the popular Oakland Township community has sold more than 160 residences and unveiled its extraordinary community center with amenities to rival the finest resort.

The announcement comes as the community's developers, Moceri Companies and Burton Katzman, commence sales on Oakmonte at Silvercreek's second phase, which is situated in the rolling woodlands adjacent to the lavish, multimillion dollar estate homes of The Oaklands. Sustained demand for the neighborhood's carefree condominium homes promises an equally strong sales pace for this latest release.

"When we had people pitching tents three nights before our initial Oakmonte release last August, I knew we had tapped into intense demand from the market," said Dominic J. Moceri. "That we sold out the first phase in just a few hours the next morning underscored the value Oakmonte offers. We fully anticipate sales of future releases to be as intense."

Among Oakmonte at Silvercreek's extraordinary amenities is its elegant community center, featuring a shimmering lap pool with sundeck, all-sports, tennis and basketball courts, as well as a stately clubhouse with a state-of-the-art fitness center, whirlpool spa, gathering space, community library, kitchen and more. An inviting boulevard entrance opens to winding drives, large natural preservation areas, sparkling water features and a lovely community gazebo.

Located just southwest of Adams at Silverbell roads, the $75 million development's collection of garden, terrace and carriage-level, two-bedroom condominiums of up to 1,525 square feet stands in close proximity to The Oaklands, Moceri's master-planned development of grand estates, sophisticated condominiums and luxurious single-family residences. Oakmonte condominiums are priced from $175,990 to the $200's.

"This community offers a million-dollar lifestyle for about 80-percent less money," Moceri said. "The value here is nothing short of remarkable."

Oakmonte condominiums feature attached garages, central air, private patios or balconies,
a complete appliance package, cathedral ceilings, designer carpeting and more. In addition to such outstanding amenities, residents enjoy easy access to excellent shopping, services and entertainment. Moceri said Oakmonte offers enticing financial opportunities for buyers who are now renting in such affluent nearby communities as Troy, Rochester or Auburn Hills. Preferred financing through Rock Financial provides Oakmonte buyers with rare flexibility, including 1.99 percent ARMs and zero-down financing.

"With mortgage rates this low, and condominiums priced this competitively, Oakmonte buyers can begin building equity for less than the cost of renting an apartment in the area," Moceri said. "Clearly, this opportunity won't last for long."

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