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: 4 May 2021 | 4:00pm CST

SUMMARYUnsoldSoldClosedTotal
Homes88-16
Revenue$10,189,920$8,669,930-$18,859,850

Sales

Seattle market interest for Winston started the year strong with 8 sales YTD ($650 sq ft). With that, we recently raised prices and expect to see the final 8 units sell for >$700 sq ft.

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Construction

Check here for updates.