| 6.37% Current CAP Rate. |
| Pro Forma 7.76% Stabilized CAP Rate With Defendable Rent Projections. |
| 28 of 50 Units Renovated With Laminate Plank Flooring, Painted Cabinetry, Bathroom Vanity/Tub- Surrounds and Fixtures Throughout. |
| Low-Basis Acquisition Being Offered at $127,000/Unit. |
| Significant Capital Improvements Over the Last Four Years, Including a New Roof and 25 New HVAC Units. |
| Fantastic Location Within One-Half Mile of CSU Chico and Enloe Hospital, the Two Primary Economic Drivers in the City of Chico, CA |
Spencer Moyer
ALIVE Commercial Real Estate
