Elevation 1659

Milwaukee, WI

OGDEN

This project is located just 1 mile north of the downtown Milwaukee Central Business District. With its unique design allowing for the majority of the units to have access to three-sided exposure, it sets itself apart from all other comparable properties that only offer two-sided exposure. The units will also showcase high grade finishes and appliances, making this project highly competitive with other Class A products

 

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(This is a rendering of the project)

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E1659
Fund Equity
$6,500,000
Asset Class
Multi-Family
Residential Units
117
Estimated Cash-on-Cash Annual Return 15.30%2
Estimated Completion Date
December 2023
Preferred Annualized Return
12%1
Estimated Equity Multiple
2.68x2
Open For New Investment

Footnotes: (1) Per project preferred returns are set by the fund manager, ICOZ Manager, LLC.  The preferred returns are contractual in nature as they are displayed here.  There is no guarantee that investors will receive their preferred returns. (2) Estimated  Cash-on-Cash Annual returns, and Equity Multiples for each project is based on projected project cash flows, and current pro form assumptions.

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June 22, 2023