'Tis no secret that the Sepia Boston, the 83-unit condo component of the South End's Ink Block mega-project, is mostly sold out—despite the fact that it's still under construction and doesn't open until later this year. Now it's really mostly sold out: About 18 months after hitting the market, the Sepia Boston has exactly one unit left for sale.
Said unit, No. 501, is a 938-square-foot 2-BR, 1-BA asking $889,000. Both a pool membership and a garaged parking are available for purchase with the unit. The condo fee is $768. Interestingly, too, the Sepia reached this sales pace despite having an investor cap of 20 percent, according to Laura Ahmes-Gollinger, a VP at marketing firm the Collaborative Companies. That is, 80 percent of its buyers are owners planning to live there rather than, say, rent the place out, like buyers in other recent Boston condo developments have been doing.
· Most of Sepia Boston's Future Condos Have Now Sold [Curbed Boston]
· At the New Ink Block, Even the Men's Room Is Worth Seeing [Curbed Boston]
· Our complete Sepia Boston coverage [Curbed Boston]