| Strong In-Place Cash Flow with Value-Add Upside |
| Current NOI of $42,073 with a projected Pro Forma NOI of $56,473, offering a clear path to increased returns through mark-to-market rent adjustments |
| Legacy Tenants: Fully stabilized with many long-term tenants in place |
| Below-Market Rents with Mark-to-Market Opportunity: Residential rents averaging $617/month currently, with pro forma projections of $710/month |
| Major Capex Completed: Both front roofs replaced and the parking lot resealed in 2025. Full Renovation of one apartment as well |
Ben Sherman
SVN | Three Rivers Commercial Advisors
