Student Housing / Micro-Housing KOZ MLK - Seattle-Tacoma
Fund Category: Single Asset
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Summary
Arcis Real Estate Capital (“ArcisRE”) presents the opportunity to invest in a student/micro-housing project in the Seattle MSA. Koz MLK (the “Project”), located in Tacoma, WA, will feature 6 floors of 156 residential units and 6,200 SF of ground-floor commercial space. The equity check requirement is $8.4 million for 85% LP equity, with Net Returns of 15% IRR (net of fees) over a 10-year hold and a 20% IRR (net of fees) over a 5-year hold.
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Details
Investment Location: WashingtonFund Type: Single AssetFund Size: $5m-$25mFund Interests: Accepting InvestorsTypes of Projects: Student Housing / Micro-housing
