CITYSPACE® 2555 College

2555 College Avenue
Berkeley, CA 94704

There is nothing more uncommon than common sense.

- Frank Lloyd Wright


Panoramic Interests and Elmwood Development Group (“Sponsors”) are offering an opportunity to invest in CITYSPACE 2555 College, a new, 12-unit apartment building (the “Project”) in a prime, Southside Berkeley location.

The Project is a four-story walk-up apartment building, with 47 single bedrooms. It is a seven-minute walk to the UC Berkeley campus, and within walking distance of many local businesses.

The Project is fully entitled, and the construction documents are complete. The Sponsors have submitted to the City of Berkeley for the Building Permit.


Return on Cost: 6.5%
Investor Multiple: 2.55X

Investor IRR: 16.20%
Target Hold Period: 10 Years


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