| Potential to implement a value-add rehab program and increase rents; Property has not received comprehensive interior upgrades since 2012. |
| Ability to add community amenities such as a sports court, playground, dog run, covered parking, and more. |
| Potential to implement more aggressive rent increases; current Ownership has managed with the intent of maintaining high occupancy. |
| Within close proximity to Magnolia’s primary retail corridor, including Wal-Mart Supercenter and numerous restaurants and service providers. |
| Less than 2 miles east of Southern Arkansas University (SAU), the city’s largest economic driver with ~5,100 students. |
| Approximately 1 mile from Magnolia Regional Medical Center, a major local employer and the area’s primary healthcare provider. |