Investment Summary

Site: 6556 Ravenna Ave NE, Seattle, WA 98115

StoryBuilt is pleased to offer the opportunity to invest up to $5,000,000 of limited partner equity to fund the development activities of 16 townhomes. Investors will receive a 14% fixed preferred return based on an anticipated 18-24 month hold.

- closed to new subscriptions -

INVESTMENT TERMS
14% Annualized Preferred Return
18-24 Months Investment Duration

KEY ASSUMPTIONS
Land Acres: 0.39
Number of Homes: 16
Average Price/Unit: $1,444,000

Sales + Construction Updates

Updated: 31 July 2021 | 3:00pm CST

SUMMARYUnsoldSoldClosedTotal
Homes88-16
Revenue$10,600,000$8,769,000-$19,369,000

Sales

Sales at Winston have slowed, but mostly due to price increases and our strategy to slow sales to maximize our revenue. We expect sales to pick back up as we get closer to completion and finish-out.

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Construction

Check here for updates.