| Master-metered utilities, with current utility expenses and reimbursements operating at breakeven |
| Electrical panels up to code, reducing near-term compliance risk. Central water heater installed in 2016 |
| Approved insurance claim for a newly paved parking lot, providing near-term exterior improvement without additional capital |
| Furnace approximately 15+ years old; significant mechanical upgrades have been completed through prior capital expenditures |
| On-site community laundry with (3) washers and (3) dryers, third-party operated by CSC Laundry |
| Functional and efficient unit layouts supporting rent-ready condition |