Location

EXECUTIVE SUMMARY:

Edgemont is an 11-unit apartment complex, comprised of one and two-bedroom units. Historically the property has maintained a high level of occupancy, which is currently 100%. Edgemont represents a well-located asset that has seen many capital improvements in recent years. Some of these improvements include: unit upgrades, common area flooring, new laundry machines, no-slip stairs, and plumbing updates to the main supply. The roof, which is a pitched membrane roof, was replaced in 2018. This asset is poised for new ownership looking for a stabilized building with up-side potential.