Bluewater Capital Partners acquired a 1.5-acre site in a joint venture with M. Panzica Development for the development of three buildings, a 132-unit main apartment building and two townhome structures housing 10 units and ancillary retail.
Location: Duck Island, Cleveland
Type: Multi-family with ancillary retail
Total SF: 152,000
Total Units: 142
Project Vintage: 2022
Project Cost: $38,400,000
Investment Exit: Active
Cash on Cash Yield:
