ReNew Edwardsville at Cherry Hills Apartment Collection

Quentin Tedesco
Officer, Acquisitions
Category
Current Portfolio
Units
248
Location

Edwardsville, IL

ReNew Edwardsville Apartment Communities is an exciting investment in the Edwardsville market. This diverse portfolio of four communities, featuring spacious two- and three-bedroom townhomes and duplexes, caters to a broad tenant demographic, ensuring consistent demand and occupancy. The property's strategic location near the extensive MCT Trail network and its resort-style amenities position it as a premium offering in the local rental market. With a mix of finished and unfinished basement options, the asset provides potential for value-add improvements and increased rental income over time.

  • Diverse unit mix and community options allow for risk diversification and targeted marketing strategies
  • Resort-style pool and well-maintained landscaping drive tenant satisfaction and justify premium rents
  • Proximity to MCT Trail enhances property appeal, supporting long-term value appreciation
  • Unfinished basement units offer value-add potential through strategic upgrades
  • Ample parking and spacious layouts cater to family demographics, promoting longer tenancies and stable cash flows

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