| Strong Day 1 Returns: Supported by a Current Cap Rate of 6.04% on In-Place Rents and Current Total Cash Return of 9.57% |
| Assumable Fannie Mae Loan at 3.78% through 2031: Offers Favorable Long-Term Financing Security and Stability |
| Desirable Unit Mix: Consists of Studio, One-Bedroom, and Majority Two-Bedroom Units |
| Large 28-Building Single Story Asset on 6.5 Acres: Property Size Includes 28 Buildings on an Expansive 285,754 SF Lot |
| Common Area Amenities: Pool, Laundry Facilities, Night Patrol, Gated Community, and Garage or Carport Parking |
| Unit Amenities: Spacious Backyard/Patio, Large Closets, Hardwood Floors, Fireplace, Central Air and Heat, Range, Garbage Disposal, Microwave, etc. |
Eric Chen
CBRE, Inc.