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Real Estate

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August 14, 2019

NexGen proposes 70 units for Lake City

Real Estate Editor

Core Properties West, through an LLC, paid $11.2 million in 2016 for an older 68-unit apartment building in Lake City, which it's now renovating. It's also adding nine units.

The sale came with a vacant parcel of land on the northeast corner of the complex, now used for parking. There, at 13531 32nd Ave N.E., prospective buyer NexGen Housing Partners is now proposing a separate new five-story building with 70 units.

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