| 25-Unit Mixed-Use Multifamily Asset: Well-balanced unit mix of 20 1BD/1BR units, 4 2BD/1.5BA townhome-style units, and 1 commercial space. |
| Strong In-Place Cash Flow with Value-Add Upside: Current NOI of $251,723 with a projected Pro Forma NOI of $304,183. |
| Compelling Return Profile: 6.71% cap rate with expansion to 8.11% pro forma; projected cash-on-cash return increases to 10.86%. |
| Below-Market Rents with Mark-to-Market Opportunity |
| Favorable Expense Ratio: Pro forma operating expenses projected at 35.4% of EGI, demonstrating efficient management and operational scalability. |
| Attractive Basis: Offered at $150,000 per unit and $194.81 per square foot, presenting a competitive entry point relative to replacement cost. |
Craig Dunkle
SCOPE
