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4824 Edgemoor Ln 111 Unit Apartment Building For Sale Bethesda, MD 20814
Investment Highlights
- Premier core Bethesda location
- Walkable access to world-class retail and dining
- Rent comparables support premium rent profile
- Steps from the Bethesda Metro
- High-demand unit mix calibrated to submarket demand
- Scarce infill opportunity in a supply-constrained submarket
Executive Summary
The Zupancic Group of Marcus & Millichap is pleased to present 4824 Edgemoor Lane, a 111-unit ground-up multifamily development opportunity located in the heart of downtown Bethesda, Maryland, one of the most affluent, high-demand submarkets in the Washington, DC metro area. The location of the development is optimal, as it is positioned directly between the two highest-density retail and restaurant corridors of the extremely walkable and highly amenitized Bethesda neighborhood. The offering represents a rare chance to acquire a fully planned development site in a premier location, positioned to deliver high-end Class A residential product to a submarket defined by deep renter demand, premium rent levels, and limited additional supply of development opportunities. The development site is strategically located across from one of the highest demand luxury apartment buildings in the area, The Edge, which is achieving 99.4% occupancy, the highest in the neighborhood. A developer has an extremely unique chance to capitalize on this irreplacable location.
Data Room Click Here to Access
- Offering Memorandum
- Miscellaneous
Property Facts
| Sale Type | Investment | Building Class | A |
| Sale Condition | REO Sale | Lot Size | 0.18 AC |
| No. Units | 111 | Construction Status | Proposed |
| Property Type | Multifamily | Building Size | 89,000 SF |
| Property Subtype | Apartment | No. Stories | 12 |
| Apartment Style | Mid-Rise | Year Built | 2027 |
| Zoning | CR2.5 - The CR zone is intended for larger downtown, mixed-use, and pedestrian-oriented areas in close proximity to transit options | ||
| Sale Type | Investment |
| Sale Condition | REO Sale |
| No. Units | 111 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.18 AC |
| Construction Status | Proposed |
| Building Size | 89,000 SF |
| No. Stories | 12 |
| Year Built | 2027 |
| Zoning | CR2.5 - The CR zone is intended for larger downtown, mixed-use, and pedestrian-oriented areas in close proximity to transit options |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Elevator
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 44 | $3,028 CAD | 475 |
| 1+1 | 33 | $3,717 CAD | 575 |
| 2+1 | 12 | $5,162 CAD | 725 |
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Exceptionally walkable
100/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 07-00489274 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,377,222 CAD |
Property Taxes
Parcel Number
07-00489274
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,377,222 CAD
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4824 Edgemoor Ln
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