The sales team at Enso is down to just one unit before they reach their sellout. It is a 1 bedroom, 1 bath on the 7th floor. It features views of Lake Union, a dual-sided fireplace and its own private balcony. This is just another reminder of the limited “new construction” inventory both in South Lake Union and Downtown Seattle as a whole. Owners in Enso, Veer, 2200 and Cosmopolitan stand to benefit the most over the next 5-10 years. Seattle’s interest in SLU will continue to grow and unless Rollin Street comes back on (highly unlikely given rents), the options are limited for new buyers. To use some Wall Street terminology, the opinion of quality downtown/SLU condos has gone from Neutral to Outperform starting in 2012. Disagree?
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