![Edera Palm Springs](https://cdn.prod.website-files.com/65aade60edd323089cac0f6a/65e8986740130f8def5e5b14_P2891-PSR-EXT-ENTRANCE-01_07%20-%20Copy.jpg)
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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