HSC/Riverstone Residential Group just posted a couple ads on SeattleRentals.com for the NEW Moda Apartments in Belltown (2312 3rd Avenue):

– Studios: $1225 to $1695 per month, 251 to 474 SF
– 1 bedrooms: $1250 to $1825 per month, 467 to 546 SF
– 2 bedrooms: $1925 to $2175 per month, 530 to 631 SF

For those of you not familiar with the project, Moda Apartments was originally built as condominiums. When the sales office opened two years ago (this week), buyers stood in line to snag one of the 251 efficiency units, BUT despite the “sold-out” building status, last month the developer G. David Hoy (HMI Real Estate Inc. ) announced that market conditions and financing hurdles would prevent a sizable amount of buyers from the possibility of closing on their homes. Now, we have Moda Apartments…completion is set for October!