I just toured the 3 newest of Modo’s projects: Element, Verde & Epic on the Park, in the Capitol Hill and West Wash Park neighborhoods. Epic is the newest and was mentioned in the September blog, but I wanted to see for myself what all the fuss was about. Just completing this sixth condo conversion, Modo seems to have found a niche with the delicate balance of affordability and classy finishes.
In each of the buildings I saw custom lighting and cabinets, stainless steel appliances and hardwood floors. Along with these little perks, the granite in the kitchen and Italian glass mosaic in the bathrooms helped keep these places steps above your standard Home Depot remodel. The HOA fees were pretty average, but included water, heat and wireless internet. Pack rats beware, as there were no additional storage areas available in two of the buildings.
The prices made up for this in my opinion, with one and two bedroom units still available anywhere from $139K - $288K. Covered or uncovered parking was an option in each building, and the Epic and Element had super-cool rooftop decks. The good prices actually tempted me to buy one as an investment property because you just don’t see this quality in renovation, at this price point, in these neighborhoods.
Modo is definitely filling a gap with nice places at a great price, seemingly aimed at the urban professional. Check back with us soon, as I’ve been promised insider info on the newest Modo planned projects in Curtis Park and near the old CU Health Sciences Center off of Colorado.
Emily Bullard / Realtor, Investor