top of page
Screenshot 2024-06-17 at 12.05.42 PM.png

COHEN PROPERTIES | AGM REAL ESTATE GROUP

EXCLUSIVE OFFERING MEMORANDUM

1 FREMONT

4411 Fremont Avenue North, Seattle, WA

NOW OPEN & ACCEPTING COMMITMENTS

Cohen Properties, in partnership with AGM Real Estate is presenting an opportunity for sophisticated real estate investors to participate in this ground-up development. Full entitlement is anticipated in Q2 2025. Construction is scheduled for 18 months, with stabilization anticipated in Q2 2027. Upon stabilization and takeout financing, we expect to distribute 30% of the initial investor equity. We anticipate a 6% plus cash-on-cash return, averaged over the first five years of operations. 

BUILDING FACTS

Location

Fremont, Seattle, WA

Address

4401, 4411 & 4419 Fremont Ave N, Seattle WA 98103

Description

5-Story | 109 Units | 4,264 SQFT Retail Space | 41 Parking Stalls

Building SF | Rentable

52,445 SF

THE OFFERING

Securities Offered

Up to 170 Class A units in the Company

Price

$100,000 per Class A Unit offered (10 unit minimum)

Offering Amount

The maximum raise is $17M

Traunch 1

$5 M has been raised, prior to entitlement

Up to $12 M upon entitlement

Traunch 2

Preferred Return

6% on unreturned capital

Profit Share

70/30 after return of all capital and Preferred Returns

Investment Strategy

Long Term Hold & Value Creation

Total Return on Equity*

Stabilization

37.93%

5-Year Average

26.67%

* Cash Flow, Cashout Refinance, Appreciation & Est. Tax Value of Depreciation

Upon request, you may have access to all Offering Documents within the investor portal

bottom of page