Elevation 1659
Milwaukee, WI
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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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
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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.
Watch Construction Videos
June 22, 2023
April 14, 2023
Elevation1659 - 11/11/22 from Vic Belfiore on Vimeo.
November 11, 2023
Elevation 1659 8/1/2022 from Vic Belfiore on Vimeo.
August 1, 2023