NORTHBROOK, IL - MZ Capital Partners is a demographically driven real estate investment firm with a specialty niche in multifamily assets throughout the United States is announcing that their Naperville project has virtually sold out in only a few months of Pre-Leasing. All 112 units are now leased where the industry norm in a new construction pre-lease is 7 to 10 units per month. The MZ Capital Partners business model is unique to the industry. They are able to include all the sought-after amenities and luxury upgrades for residents while still leasing at below market prices. They are able to do this with innovative construction techniques and the efficient use of the square footage in each of their apartments.
Another feature that may appeal uniquely to this group is smoke free. According to the CDC smoking rates among adults have dropped 7% in a decade. Vantage Naperville is a designated smoke free complex that includes shared spaces and outdoor areas.
Vantage Naperville Apartments, located at the gateway to the revitalized Ogden Area Corridor, features studio and one-bedroom convertible apartments with monthly rents starting at $950. The first tenants moved in last week. The non-smoking community is pet friendly and features a state-of-the-art fitness center, curated common area spaces for work and play, private work-from-home office suites, 24/7 smart package delivery and pickup, high-speed fiber optic internet connection, stainless steel appliances with quartz countertops in kitchens, in-home full-size washer/dryer, nine-foot ceilings and bright living spaces with balconies available in select units.
“The Vantage Naperville Apartments have leased up quicker than any other MZ Capital Partners’ project in our company history.” said Michael H. Zaransky, Managing Principal MZ Capital Partners. “Naperville is a desirable city for Millennials to live and enjoy restaurants, entertainment, shops and outdoor activities.”
Vantage Naperville is DuPage County’s latest new construction apartment community with direct easy access to downtown Naperville, I-88 corridor employers and the Metra. Professionally landscaped outdoor amenity areas include a patio with a communal fire pit and an outdoor kitchen and gas grills to complement the site’s walkability to the growing neighborhood retail, restaurant and entertainment options. The PACE Bus stops at the site and ample indoor personal bike storage is available.
About MZ Capital Partners: Founded in 2007, MZ Capital Partners is headquartered in Northbrook, Illinois. MZ Capital Partners is a demographically driven real estate investment firm with a specialty niche in multifamily assets throughout the United States. The firm has been recognized with placement on the 2017 INC 500 list of the fastest-growing private companies in America and was recently named overall winner of the 2020 "Best Places to Work" by the National Apartment Association. For more information on MZ Capital Partners visit: mzcapitalpartners.com