Park Ballinger

22906 76th Ave W, Edmonds, WA 98026
  • Purchased August 2025
  • 75-unit townhome community located in the strong Edmonds submarket
  • Currently undergoing strategic renovations to drive rent growth and asset appreciation
  • Positioned in a high-demand market with ~98% occupancy
  • Significant mark-to-market opportunity, with current average rents at $1,475
  • Proven upside demonstrated by renovated/classic units achieving rents of $2,000, highlighting substantial revenue growth potential