Gallery Auctioning Remaining Condos March 5th

Gallery is having their second auction on March 5th. Full details in their press release:

ACCELERATED MARKETING PARTNERS
156 Diablo Road – Suite 300
Danville, CA 94526
925-362-1442
www.acceleratedmp.com

AUCTION SITE GOES LIVE AT 3 PM TODAY!

Gallery Condominium Launches Final Close-out
With Auction Sale Event March 5th

Minimum bids between $175,000 and $295,000 represent up to a 54 percent reduction in prices

SEATTLE (January 26, 2011) – Gallery Condominium, LLC has saved the best inventory for last of its new Belltown condominium homes. Accelerated Marketing Partners (AMP) will launch the final close-out of the new home inventory. The auction will be held on March 5, 2011 at the Grand Hyatt in downtown Seattle, providing a rare opportunity for prospective homebuyers to purchase a new condominium at steeply discounted prices. Gallery is currently more than 80 percent occupied, due in large part to the highly successful auction AMP conducted in September of 2009.

Situated at 2911 Second Avenue, Gallery offers outstanding views of Elliott Bay, the Space Needle and Mount Rainier. Several homes slated for auction at this one-day event are the open, one bedroom/one bath plans with a variety of square footage layouts. These homes are ideal for the professional, empty nester, and as well as the perfect pied a terre for very special “city” living. The innovative designs offer maximum use of space, ranging in size from approximately 571 to 672 square feet. Buyers can choose from a number of configurations to define living areas and bedroom areas. Included in this sale is also a new one bedroom/one bath plus den at approximately 883 square feet with exceptional views of Elliott Bay.

Prior to the auction, prospective buyers will have an opportunity to view all available auction units as well as fully furnished models and examples of the partitioned, open floor plans. The Auction Information Center and models will be open daily from 10 am to 5 pm with extended hours on Thursdays until 7 pm. Additional information is available at www.AuctionTheGallery.com or through Gallery’s auction concierge services at 1-888-982-8988.

“This exciting auction opportunity will be the last chance to allow homebuyers to determine value within this successful new residential Seattle condominium development. Home buyers can feel comfortable and confident they are participating in a transparent bidding process,” said Ken Stevens, west coast CEO of Accelerated Marketing Partners, a national, full-service real estate firm that conducted the previous launch auction events at Gallery and its sister property, Brix.

Ideally located at the north end of Belltown, Gallery is perfectly situated to capture Space Needle views to the east and Elliott Bay panoramas to the west. Gallery features abundant amenities within its concrete and steel frame construction, customized floor plans and upscale finishes. Features of these homes include European-styled kitchens with custom cabinetry, slab granite or microcrystal countertops and premium stainless steel appliances; floor to ceiling windows; hardwood floors; and generous balconies.

Amenities include a full-service concierge staff, a two-story lobby, Owners Lounge,
an exclusive Supper Club and Sky Lounge. Whether entertaining a large crowd or hosting an intimate dinner for eight, Gallery is designed to accommodate.

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About Accelerated Marketing Partners

Accelerated Marketing Partners is a full service residential real estate firm with offices in San Francisco, Boston and Atlanta specializing in the development and implementation of both accelerated and conventional marketing and sales programs. For more information, please visit www.acceleratedmp.com.

About Matt

Matt , Urbnlivn's publisher, has a love for lofts with industrial features and new construction condos that is only eclipsed by his passion for outdoor sports and urban living. Phrases such as “polished concrete” and “exposed brick” are music to his ears. You can also find Matt on Twitter or skiing.

  • http://www.brianporter.com Brian Porter

    This looks like a great deal. I live in Portland, and there were two major auctions here last year and the John Ross and at the Atwater. The John Ross is sold out now, and the Atwater is at about 70%. These typed of auctions present a great opportunity for buyers to get a good value, and once the building sells out, the stage is set for appreciation in the future.

  • Mikehammer

    I checked out the site. It’s a load of garbage. First, the auctions don’t really start at $175k. Out of all of them, ONE starts at $175k. Second, they’re not 1BR apartments. They’re studios. They have an optional partial wall that you can buy for $7,000. Of course, by that rationale, you could buy two of them and make it a 2 bedroom.

    All of the units features are studios. There is one listed as a 1BR plus den. It starts at $300k.

    I’d avoid this place. When the even the marketing people come off as slimy, I’d hate to see how bad the ownership is to deal with when they have your money.

  • Chris

    Gallery is a crap shack. Low-quality finishes and horrible layouts.