Edera Palm Springs

Edera Palm Springs

Palm Springs, FL

PROPERTY CHARACTERISTICS

  • 17-acre site in Palm Springs being developed into 264-unit garden-style multifamily units
  • The site is near I95, Downtown West Palm Beach, Palm Beach International Airport, and major employment in Palm Beach County

ACQUISITION

  • April 2022

INVESTMENT OPPORTUNITY

  • The project is filling a gap in the market where there is a dearth of quality rentals in the micro location
  • Site was purchased off-market from YMCA who was winding down operations in the location
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