| Expansion Potential: 44 existing units with capacity to build out 3 additional units plus duplex redevelopment, bringing total potential to 49 units |
| Recent Capital Improvements: Significant investment in exterior painting and interior renovations across most units, reducing immediate CapEx requirem |
| Immediate Rental Upside: Current rents at $1,355/month with market rate of $1,450/month presents $95/unit opportunity for NOI growth |
| Amenities: All units feature in-unit laundry connections—a high-demand amenity that supports stronger rents and tenant retention |
| Turnkey Operation: Renovated units with uniform 2BD/1BA layouts (~820 SF) deliver stable cash flow with clear value-add path through expansion and ren |