| Attractive going-in basis at $166,600 per unit with immediate rental upside |
| Coastal location with heavy retirement demand and under 10 minutes from Manasota Key - the #22 Best Place to Retire in the U.S. |
| Select units feature updated kitchens, luxury vinyl plank flooring, and renovated bathrooms |
| Remaining units, common areas, and exteriors offer clear value-add runway from day one |
| All units feature in-unit washers/dryers and flood insurance is not required |
| In-place rents of $1,440 sit well below comparable two-bedrooms in the submarket, which on average achieve $1,628 |