Investors
Investment-grade pre-construction
The Westwind is structured for residence-buyers and investor-buyers alike. Studio + 1 BR floorplans are particularly suited for South Lake Union rental demand.
South Lake Union rental dynamics
$3.62
PSF avg rent
South Lake Union 2025
94%
Occupancy
Submarket average 2025
5.2%
Cap rate target
On A + B series at standard finishes
Q4 2027
First closings
Reservations open through Q3 2026
Investor terms
Why investors reserve
Pre-construction price discount
Reservation prices are typically 8–14% below post-completion comps in similar new-construction.
Assignable reservations
Reservations can be assigned to other qualified buyers pre-closing, often at a premium for in-demand units.
Strong rental demand
South Lake Union submarket has 94% occupancy and continued tech-employer growth.
Legal + tax structure
Northgate’s reservation framework supports LLC ownership and 1031 exchange structuring.
Bulk reservation discounts
Investors reserving 3+ units receive bulk pricing on upgrade packages and parking.
Property management partner
Optional turn-key property management through our partner — reasonable rates for residents-friendly operation.
Investor questions
Common investor questions
- Yes — Northgate accepts LLC reservations. We can assist with structuring.