Phase IV LINC Apartments, LLC Closed, Raised 7.1 Million
Ernst Capital is pleased to announce that fundraising for Phase IV LINC Apartments, LLC has closed. Private investors throughout the US committed $7,100,000 in capital for the development project located in Des Moines, IA. Thank you to all who invested in or considered Phase IV LINC Apartments, LLC.
LINC IV – The fourth phase of a multi-family development in Gray’s Station in downtown Des Moines, Iowa. Started in 2018, LINC I was one of the first components of the larger Gray’s Station neighborhood and is located on the prominent corner of MLK Jr. Parkway and SW 11th Street in downtown Des Moines. LINC IV is expected to bring 135 units and 51 attached tuck-under garages to the development, joining the greater multi-family community of LINC I, LINC II, and LINC III (Linc Townhomes).
The greater LINC community offers residents a market-leading amenity package, including several gathering spaces, state-of-the art business center, game room, two-level fitness center, theater room, dog park, outdoor pool and clubhouse with feature kitchen, and access to the neighborhood walking, running, and bike trail system.