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Four contiguous Gold Coast parcels acquired at distressed value (less than 1/4 of 2018 price); ground up plans incorporate existing historical building and facade steps from Mag Mile.

42 E. Superior

mag mile historic refresh & ground up
DATE PURCHASED: DECEMBER 2025
PURCHASE PRICE: 4.4M
TOTAL PROJECT BUDGET: 16.77M
UNITS: 36 + 6000SF RETAIL
DEAL LEVEL RETURN: 27% IRR + 2.5 EQM