CrowdStreet: Packard Row

Real estate investment platform CrowdStreet announced an offering for an equity investment in a multifamily development in Ann Arbor, Michigan.

Packard Row will be a three-story, 72-unit multifamily building with ground-floor retail space. Ann Abor, home to the University of Michigan, is frequently cited as one of the top places to live in the U.S. in terms of quality of life, a factor that should benefit the project.

Ann Arbor restricts new development so it’s difficult to get approval for new development projects. Because of this, Packard Row will be positioned to take advantage of the demand for housing in a submarket with a 3.3% vacancy rate.

Full story available on Benzinga.com

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Investors interested in Packard Row have the opportunity to participate in the project through CrowdStreet's platform, which provides detailed information about the investment opportunity, including financial projections, property details, and the sponsor's track record. Investors can review the offering documents, conduct due diligence Celebrities money, and make informed investment decisions based on their investment goals and risk tolerance.
 

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