| 33 Units on 1.53 Acres (Includes Adjacent Vacant Parcel) – Rare opportunity with additional development potential |
| Unit Mix: 31 Studios + 2 Two-Bedroom Units – Functional layout with strong rental demand drivers |
| Significant Rental Upside (~40%–50%) – Studios currently ~$700–800 with market support for ~$1,000–1,100 |
| Attractive Basis (~$69K/Unit) – Competitive entry point for a 33-unit asset in the High Desert |
| Value-Add Opportunity Through Rent Growth + Utility Optimization – High utility expenses (approx. 37% of income) create room to improve operations |