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June 18, 2017 - June 24, 2017

Gridiron Update

After a recent tour of the sales center we have some updated information on the Gridiron Condominium project to share.

20170620_103135THE BASICS:

  • Urban One Bedrooms
    • 505 to 818 sf
    • Priced from $501,900 to $781,900
    • HOA dues from $353 to $572
  • One Bedrooms
    • 570 to 1,052 sf
    • Priced from $569,900 to $841,900
    • HOA dues from $398 to $617
  • Two Bedrooms
    • 915 to ,052 sf
    • Priced from $781,900 to $1,051,900
    • HOA dues from $644 to $991
  • Only units on levels 5 and 6 have outdoor space
  • Parking is not included, one space available for purchase with most homes for an additional $50,000
    • Electric car charging conduit run to 14 parking spaces (will be billed desperately)
  • 58 total storage units to be owned by HOA and rented out
  • HOA dues cover: hot water, garbage, gas (including cooktops), and earthquake insurance
  • Amenities: concierge, rooftop deck with BBQs and fireplace, party room with kitchen, gym, dog run, facility manager, wine lockers available
  • Units have central heat and central air
  • There is main floor retail

SALES:

  • Gridiron is 60% sold
  • Going straight to Purchase and Sale Contracts
  • 5% Earnest Money deposit
  • Completion mid-October 2017 with closings from mid-October through November
  • No hard hat tours being scheduled yet
  • At the pace they are selling, we are thinking that we can likely expect see periodic price increases

 By Marco Kronen with Seattle Condo Review: A guide to Seattle downtown condos.