4824 Edgemoor Lane — Sale in Bethesda, MD

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Bethesda, MD 20814

Description

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. Investment Highlights: • Premier core Bethesda location • Steps from the Bethesda Metro • Walkable access to world-class retail and dining • High-demand unit mix calibrated to submarket demand • Rent comparables support premium rent profile • Affluent, highly educated renter base • Scarce infill opportunity in a supply-constrained submarket • Proximity to major employment anchors

Market Context

This multifamily in Bethesda, MD is listed for sale. It has been on the market for 114 days. Compare it against other multifamily listings for sale in Bethesda, MD — view the full market.

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