Lakeside Apartments

299-Unit Mixed-Use Development


Lakeside Apartments is a proposed 299-unit mixed-use development on a 5.85-acre site within a Federal Opportunity Zone. This project will replace a single-story community shopping center with three buildings, featuring 22,096 SF of ground-floor retail space. The development will offer residents direct access to a curated mix of restaurants, cafes, ...

Annual Dividend

7%

Annual Appreciation

5%

Total Annual Return

12%

Investment Overview

Property Purchase Price
$6,212,496

Construction Cost
$79,594,442

Operating Reserves
$6,000,000

Total Property Cost
$91,806,938
Construction Duration
40 Months

Completed Value
$95,000,000

Exit Horizon
10 Years

Estimated Exit Value
$162,000,000
Initial Offering Price
$10

Total Shares
500,000

Total Equity Offered
$5,000,000
Holding Period
36 Months

Dividend Schedule
Quarterly

First Dividend
January 2028

From The Developer

The complete project overview—all the details you need, in one place.


Detailed Project PDF

Clearfield, UT

The Salt Lake City Metro Area is a top real estate market with strong growth, low taxes, and a reasonable cost of living. Ranked the #1 job market by ...

owner
Berns Properties

Platinum Tier Developer

Berns Properties, a 50+ year old family-owned real estate investment group in Silicon Valley, develops and own...

Frequently Asked Questions (FAQs)
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You're buying a portion of a property, which gives you part ownership. This approach allows you to earn from rental income if the property is rented out and benefit from an increase in the property's value over time.

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Relli employs a rigorous selection process. Our team of experts evaluates potential properties based on location, potential for appreciation, historical performance, and alignment with our investors' goals.

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While we carefully select properties, we understand that the real estate market can be unpredictable. However, we believe that our methods of scrutinizing risk will provide our investors the best chance at diversifying their money into real estate.

$3,244,900
Funding Remaining
35.1%
Funded

Calculate Your Return

$

Estimated Annual Return: 12%


Timeframe: 3 year(s)

Return on Investment:


Your Est. Net Return:

Future value:


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