| ProForma CAP Rate of 7.31% With a ProForma GRM of 8.59. Current CAP Rate of 6.72%. ProForma CAP Rate is Based on Leveling Off Current Rents. |
| Diverse Unit Mix The property consists six 2-bedroom, 2-bathroom units and three 3-bedroom, 2-bathroom units, with garage parking. |
| Desirable Lot Size: Spanning 0.89 acres, the property offers ample parking and outdoor space, enhancing its appeal for families and long-term tenants. |
| Recent capital improvements feature a new roof, new A/C units, all new windows, and full renovations in 8 of the 9 units. |
| Tenant-Paid Utilities Separate gas & electric meters for each unit ensure tenants are responsible for their utilities, reducing operating expenses. |