Bluewater Capital Partners acquired the Former Woodhill Supply site in a joint venture with M. Panzica Development and City Six Development for the development of market rate for-rent apartments and as for-sale fee-simple townhomes.

Location: Little Italy, Cleveland

Type: Multi-family

Total SF: 110,000

Total Units: 80

Project Vintage: 2021

Project Cost: $20,250,000

Investment Exit: Active

Cash on Cash Yield:

15 percent