Interra Realty has been exclusively engaged to market a rare opportunity to partner on a fully entitled development site in a dynamic location within the Lakeview Neighborhood. Current ownership is an experienced local developer with a proven track record of developing best in class multifamily properties.
They are seeking interested investment partners to joint venture with on a project that is years in the making and is now shovel ready.

The development has been value engineered to maximize the value of the finished product while managing hard and softs costs of the project. A new investor has the opportunity to achieve a yield on cost that is approximately 150 basis points higher than the cost to acquire a comparable stabilized
building.

The property is steps from a plethora of amenities including: Whole Foods, the Brown Line train, Starbucks, Paulina Market, LA Fitness, Target, and numerous local and national restaurants, coffee shops, and bars.