TALLAHASSEE, FL – December 2024 – Edgewater Group LLC (“Edgewater”) is pleased to announce the sale of its student housing portfolio located on Chapel Drive & Westminster Drive in Tallahassee, FL.
The property was originally bought by Chapel Hill Partners LLC, (“Chapel”), a wholly-owned subsidiary of Edgewater Valley Forge Fund LP, for $1,500,000 in 2014. The sale transaction was concluded in December 2024, for the sales price of $3,750,000.
For more information on Edgewater Group, visit www.edgewatergrpllc.com.
About Edgewater Group
Founded in 2008, Edgewater is a boutique multidisciplinary real estate Firm that provides management and value-add investment services. Edgewater’s unique focus is on the micro and middle market segments in secondary and tertiary locations in the United States.