| Recent Renovation Program: $5,000 to $6,000 per unit invested in renovations since 2023. |
| Efficient All 2BR Unit Mix: Uniform 28-unit all two-bedroom layout across 11 buildings supporting streamlined operations and simplified turnover. |
| Value-Add Upside: Continued opportunity for interior upgrades to capture additional rental upside in the growing Columbia market. |
| Efficient Utility Structure: Tenants pay electric; water billed back at flat rate, minimizing operating expenses for a new owner. |
| Columbia MSA Employment Base: Anchored by state government, USC, Prisma Health, Fort Jackson, Blue Cross Blue Shield of South Carolina, and Michelin. |
| Interstate Crossroads: Columbia sits at the convergence of I-26, I-20, and I-77, providing central Southeast connectivity. |
Ryan Lipomi
Marcus & Millichap
