245 N Summit St, Toledo, OH 43604

Edge 21 Apartments presents an opportunity to acquire a high-rise multifamily asset. The property is offered at an attractive basis relative to comparable properties in larger Midwest markets, supporting stronger yields and favorable long-term return potential. This pricing advantage allows investors to capitalize on stable in-place income while maintaining upside through continued lease-up, rent growth, and future expansion within the existing building footprint. The Toledo metropolitan area is supported by a diverse and resilient employment base anchored by nationally recognized healthcare systems, higher education institutions, advanced manufacturing employers, and regional logistics and distribution hubs. This broad economic foundation provides stability across economic cycles and supports consistent renter demand from a wide range of professional and workforce tenants. Downtown Toledo is benefiting from public and private reinvestment, particularly along the Maumee River waterfront and surrounding urban core. Improvements to public spaces, entertainment venues, infrastructure, and mixed-use developments have enhanced the area’s livability and walkability, increasing its appeal as a residential destination and contributing to improving multifamily fundamentals and long-term value appreciation. Toledo’s relative affordability compared to larger Midwest metros such as Chicago, Columbus, and Detroit continues to drive strong workforce housing demand. This affordability advantage, combined with ongoing urban revitalization and a stable employment base, positions Edge 21 Apartments to achieve durable occupancy, consistent cash flow, and sustainable rent growth over time.