Edmonds Development LLC is developing Apollo Apartments, a 255-unit, 224 parking spots market-rate apartment building in the City of Edmonds, 20 minutes North of Seattle. This project is an institutional-level asset that is rarely available to individual investors. The project is fully entitled and has 90% construction drawings. Apollo will be EPA Energy Star Certified as well as NGBS Green Certified.
The Apollo Apartments will not require any commercial leasing space. This makes underwriting easier, as well as no risk of commercial vacancy.
This investment property in Washington is in a desirable bedroom community with a reputation for having good public schools and waterfront amenities.
A desirable suburban community located north of Seattle. With easy access to high-tech job centers in Seattle, Bellevue, and Redmond, as well as a highly rated school system, Edmonds has been an attractive area to live for many years.
Digital assets issued by RedSwan Real Estate Fund, LLC, a registered investment advisor of RedSwan PC, Inc. The material on this communication is for informational purposes only. This is not an offering memorandum or prospectus and should not be treated as such. Investments involve risk, including principal loss, and are not guaranteed. Returns shown are targeted and subject to change. The opportunity presented here is undertaken pursuant to Rule 506(c) of Regulation D under the Securities Act and may be made only by Accredited Investors in the US and investors outside of the United States under Regulation S. Be sure to consult with a qualified financial advisor.
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