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Modern Architecture

Investment Snapshot

Snowy Mountains
626 Hamilton.jpg

626 Hamilton St. NW

Highlights

An adaptative reuse investment developed by Cultivate Ventures Development Service (CDS). Project to redevelop a 1.5K sq. ft. single family home into a three bedroom, three bath single family. Located in the Petworth neighborhood near the Petworth metro redevelopment area, units are expected on the market in early 2024. The project is led by CDS and US. Andy Group as the general contractor. Investment is structured as preferred equity.

Location
Washington, DC
Sector
Multi-Family Housing
Full Equity
$ 150 K
Completion AUM
$800 K
Annual Cash Yields
Project in development
IRR
25%+
Funds Invested
CVCOF-III
Status
In Development
Investment Date
February 2023
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