360 Rentals Hit Market Starting Under $2/SF
January 20, 2009 22:36 Filed in: Listings
Earlier this year, the 44-story 360 condo project opened with
most of it's 430 units sold out. A small number
of owners held special investor deeds which
allowed them to freely rent their units. Now, 20
units have hit the rental market with monthly
rents ranging from $1,550 to $3,200.
20 units is a lot of units to hit MLS at once -- especially since they are being competitively offered by individual owners -- and the result is aggressive pricing on many of the units. For example, $1,550 will get you a 812 SF 1/1 on the 18th floor. $1,995 per month will get a 1,059 SF 2 bedroom / 2 bath on the 37th floor. These prices -- startingundert $2 / SF -- are very reasonable for a new downtown unit in tall building like 360. Plus, additional units are available on Craig's List.
With 12 units under $2,000, it's a good opportunity to live downtown and try condo life without making the full investment. While 360 is mostly sold out, some units do remain. In addition, 18 units are currently on MLS with prices ranging from $244,900 to $549,000.
Here are the units currently being offered on MLS:
Unit 1806 (1/1 812SF) - $1,550
Unit 2303 (1/1 728SF) - $1,599
Unit 2110 (1/1 770SF) - $1,635
Unit 2503 (1/1 792SF) - $1,650
Unit 3401 (1/1 838SF) - $1,695
Unit 3710 (1/1 816SF) - $1,695
Unit 4007 (1/1 916SF) - $1,775
Unit 918 (1/1 813SF) - $1,795
Unit 4207 (1/1 916SF) - $1,800
Unit 2707 (1/1 852SF) - $1,900
Unit 3702 (2/2 1059SF) - $1,995
Unit 1204 (2/2 998SF) - $1,995
Unit 4204 (2/2 1,062SF) - $2,195
Unit 3605 (2/2 1,289SF) - $2,495
Unit 3902 (2/2 1,059SF) - $2,595
Unit 2604 (2/2 998SF) - $2,650
Unit 2905 (2/2 1,289SF) - $2,695
Unit 2611 (2/2 1,280SF) - $2,990
Unit 1311 (2/2 1,221SF) - $2,995
Unit 3305 (2/2 1,225SF) - $3,200
20 units is a lot of units to hit MLS at once -- especially since they are being competitively offered by individual owners -- and the result is aggressive pricing on many of the units. For example, $1,550 will get you a 812 SF 1/1 on the 18th floor. $1,995 per month will get a 1,059 SF 2 bedroom / 2 bath on the 37th floor. These prices -- startingundert $2 / SF -- are very reasonable for a new downtown unit in tall building like 360. Plus, additional units are available on Craig's List.
With 12 units under $2,000, it's a good opportunity to live downtown and try condo life without making the full investment. While 360 is mostly sold out, some units do remain. In addition, 18 units are currently on MLS with prices ranging from $244,900 to $549,000.
Here are the units currently being offered on MLS:
Unit 1806 (1/1 812SF) - $1,550
Unit 2303 (1/1 728SF) - $1,599
Unit 2110 (1/1 770SF) - $1,635
Unit 2503 (1/1 792SF) - $1,650
Unit 3401 (1/1 838SF) - $1,695
Unit 3710 (1/1 816SF) - $1,695
Unit 4007 (1/1 916SF) - $1,775
Unit 918 (1/1 813SF) - $1,795
Unit 4207 (1/1 916SF) - $1,800
Unit 2707 (1/1 852SF) - $1,900
Unit 3702 (2/2 1059SF) - $1,995
Unit 1204 (2/2 998SF) - $1,995
Unit 4204 (2/2 1,062SF) - $2,195
Unit 3605 (2/2 1,289SF) - $2,495
Unit 3902 (2/2 1,059SF) - $2,595
Unit 2604 (2/2 998SF) - $2,650
Unit 2905 (2/2 1,289SF) - $2,695
Unit 2611 (2/2 1,280SF) - $2,990
Unit 1311 (2/2 1,221SF) - $2,995
Unit 3305 (2/2 1,225SF) - $3,200