The Trio Condominiums were built during the new construction boom of 06/07 by Triad Development and was completed in 2008. It is located in Belltown on Western Ave between Denny Way and Bay Street. The building offers a mid-range level of finishes and building features, which
makes it popular for the mid-price range buyers seeking newer constructed condos with modern touches and amenities.
The stats:
- 161 units
- 6 stories
- Built in 2008
- Open one bedrooms, one bedrooms, two bedrooms and 2 story live work lofts
- Range in size from 505 to 1306 square feet
- All have 1 or 2 parking spaces but only some have storage units
- 1st floor units are live work lofts and have full height second story lofts
- 7 units have sold in the last year ranging in price from $195,000 to $299,950
- HOA dues include: sewer, garbage, water, central hot water, master insurance policy
- Amenities: concierge, party and theater room with kitchen and pool table, and a roof deck with BBQ and views of the city and Sound
- Currently 72% of the units are lived in by its owners and only 28% are non-owner occupied (as of April 2013-according to PMNW’s resale certificate disclosure(the property management company)
- Current Reserves are at just over $220,000 (as of April 2013 according to the same report)
The pros:
- Building amenities like a concierge, party and theater room and roof top deck with views and a BBQ
- Many of the upper floor units have water views
- Live work zoning for the lofts on the main level allow owners to have a business there as well
- Nice modern finishes including hardwoods, stainless applicanes, slab stone counters
- Parking is in the underground secured garage and everyone has 1 or 2 spaces
- Close to the Olympic Sculpture Park and Myrtle Edwards Park
- Close to the waterfront, Belltown and Lower Queen Anne amenities and events
- Located on the quieter north end of Belltown away from the night clubs and night life
The cons:
- Western Avenue and Denny are busy streets so some of the units get road noise
- It is at the bottom of the hill so you have to walk up a hill to get to most of the shops and restaurants in the area
- Wood frame buildings can be louder between units (excludes the main level units which have concrete ceilings and floors)
- The smaller open one bedroom units do not have ovens, only convection microwave ovens
- There is potential for southwestern view obstructions due to a potential development of a building in the future
Here's a video with an example of a live work loft in the Trio.
By Marco Kronen with Seattle Condo Review: A guide to Seattle Condos and Downtown Seattle Condos exclusively for buyers and sellers.
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