| TOWNHOME COMMUNITY OVERVIEW - Built in 1973, 60-Unit Townhome Property Located in the Empire Area of Coos Bay |
| SIGNIFICANT EXCESS LAND - Approximately 9.59 Acres With Large Greenspace and Potential for Future Residential Development |
| PROVEN VALUE-ADD STRATEGY - Current Ownership Demonstrated Renovation Upside With Additional Units Remaining Unimproved |
| MEANINGFUL RENT UPSIDE - In-Place Rents Approximately 20 % Below the Highest Achieved Renovated Levels |
| UNIQUE UNIT MIX - Two and Three Bedroom Townhome Floorplans Serving Middle Market and Workforce Housing Demand |
| WORKFORCE HOUSING DEMAND - Two and Three Bedroom Townhome Floorplans Serving Middle Market and Workforce Housing Demand |
Whitney Rhoades
Marcus & Millichap
