For investors who would rather back a building than a forecast
A projected 25.22% IRR, net of promote, over a three-year plan.
Built on two numbers set before the offering existed: $9,800,000 for 58 units and one ground-floor commercial space in Belltown, and financing already fixed at 4.31%. Four questions tell you if this applies to you.
Four questions, about 30 seconds. Accredited investors only.
Most Seattle deals ask you to believe a forecast. Rents up, rates down, cap rates holding.
Here the entry is settled: the price is paid, the rate is fixed to 2031. What remains is Nordic's plan, presented as a projection, not a guarantee.
↓ Start here. Four questions
Which of these best describes you as an investor?
The asset
The deal in five lines
58 units and one ground-floor commercial space in Belltown, built 1990.
Bought for $9,800,000. That is $325 a foot.
The loan is already fixed: $7,762,000 at 4.31% until March 2031.
Nordic projects 25.22% IRR, net of promote (after the sponsor's profit share), over the three-year hold.
$50,000 minimum. Accredited investors only. Projected, not guaranteed.
The return figures on this page are Nordic Partners' own underwriting as of August 2026, presented as a projection and not a guarantee. The asset and loan data are reproduced from the seller's package and have not been independently re-underwritten.
The memorandum answers what this page cannot.
After you answer four questions, we call you shortly to confirm your details and answer your questions. Please pick up.