iCap Lakeview LLC
Fund: Fund 2, iCap Northwest Opportunity Fund LLC
Location: 1125 N 40th Street, Renton, WA 98056
Description: The acquisition of 4 parcels, with the plan to subdivide into 17 lots. West facing, view lots of Lake Washington.
Investment Date: 5/6/2015
Estimated Exit: 5/30/2019
Investment Amount to Date: $2,445,009.31
Q1 2019 Progress Update: completed final stages of land development, waiting for City approval and then parcel will be sold to Quadrant Homes.