| Property Overview: 111-unit garden-style community built in 1982, situated on 7.49 acres |
| Diverse Unit Mix: A mix of studio, one-, and two-bedroom floorplans appealing to a broad renter base; 80% of units are equipped with washer and dryer |
| Strong Leasing Momentum: 95% pre-leased with positive lease trade-outs, reflecting healthy demand |
| Recent Capital Improvements: Fresh exterior paint, landscaping and tree removal, fencing repairs, and upgraded concrete pads and walkways |
| Untapped Ancillary Income: A bulk internet and cable program offers immediate potential to grow other income |
| In-Unit Laundry Upside: Installing washer/dryer machines in every unit creates an immediate revenue stream while enhancing the resident experience |
Mark Savarese
Franklin Street
