| STRATEGIC LOCATION - Located one block from Minnesota State University, Mankato which has enrollment of over 14,000 Students. |
| SIGNIFICANT STUDENT HOUSING RENT GROWTH - Lofts@1633 has averaged 9% annual compounding rent growth for the last 5 rental seasons. |
| HISTORY OF 100% OCCUPANCY - 69 student housing beds have been fully occupied for the previous 5 rental seasons. |
| SERVICE-BASED RETAIL TENANCY - All retailers consist of service-based tenants that are resistant to e-commerce competition and market disruptions. |
| RETAIL UPSIDE POTENTIAL - A new owner has the opportunity to create significant value by filling the existing retail vacancy. |
| MINNESOTA’S SECOND LARGEST UNIVERSITY - Mankato is home to Minnesota State University which has enrollment of over 14,000 Students. |
AJ Prins
CBRE
