If your looking for a 2 bedroom condo in Seattle, this unit at 2200 Westlake may be worth a look. It just hit the market today. Once sold for $750,000 in 2005, the asking price is now $470,000. As a short sale, the price will be subject to the banks approval, but in this market there are plenty of these short sales that are getting done (you just have to wait for it). For the price, this unit is below market for a concrete and steel building. If you recall, a unit we sold just months ago for $499,000 had multiple offers and was on the market for just 4 days. It was similar in size, layout and view. Dollar for dollar, one could argue that this unit at 2200 Westlake has just as much upside as the unit at the Cosmopolitan did on the 24th Floor. Just thought I would bring it to your attention. Happy condo shopping (or renting)!
Here are some pictures of the unit: