| Strong North Georgia Growth Market: Bartow County has grown ~17% since 2010, while Cartersville has grown 27% since 2010 |
| Built-In Rent Upside Without Heavy Lifting: In-place rents sit nearly 9% below market with no major capital requirements |
| Well-Maintained Asset, Not a Turnaround: Clean, functional, and well-leased workforce product that an owner can selectively improve over time |
| Attractive Basis in a Supply-Constrained Market: At $100K/unit, the entry point is difficult to replicate given rising construction costs |
| Resilient Renter Demand: Affordable workforce housing priced below submarket averages is among the most consistently occupied product types |
Harold Shepard
Marcus & Millichap
