| $300K Price Reduction - ProForma CAP Rate of 7.84%, Rent Growth: Rents are currently below market by an average of approximately $725 per unit/month. |
| Current CAP Rate of 4.75% – Reflects a unique trust sale situation. The previous long-term owner prioritized 100% occupancy or rent growth. |
| Priced at only $160/SF – Well below the $235/SF average for comparable multifamily properties in the market. Property is priced 32% under market PPSF. |
| Located on two legal lots totaling 1.37 acres, providing flexibility and long-term hold options or possibility for future development potential. |
| Ample onsite parking including tuck-under stalls, covered spaces, open parking, and private garages. |
| Fully gated property for enhanced security and tenant appeal / Well-maintained swimming pool adds to tenant enjoyment and retention + Onsite laundry. |
Anthony Le
Le Investment Group
