In April 2021, the Wall Street Journal called Coeur d’Alene the “hottest emerging housing market”. Spurred by a high quality of life, Coeur d’Alene has seen over 24% population growth in the past 10-years.
As a result, the multifamily housing sector has benefited from these unique market conditions. With limited overall supply, rents grew 19.1% in early 2021 with market vacancy of less than 2%. Edlen & Co.’s Atlas Mill Project is anticipated to capitalize on these market conditions. This team has exhibited deep expertise at value-oriented acquisition, asset enhancement and effective operational management in sub-markets with favorable growth characteristics. Impact real estate experts Mark Edlen, Matt Edlen & Roger Krage present an interactive dialogue regarding the Atlas Mill Development on the Spokane River in Coeur d’Alene, ID.
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