| Portfolio located in a high-demand Flagstaff core neighborhood with consistent renter stability. |
| Bedroom-heavy layouts aligned with Northern Arizona’s tenant preferences and demand profile. |
| Attractive rent growth potential supported by pro forma increases across nearly all units. |
| Strategic long-term hold location surrounded by education, medical, tourism, and recreation drivers. |
| Limited competing multifamily development in surrounding area reinforces future pricing and occupancy strength. |
| Durable masonry construction with well-maintained floor plan functionality suited for modest value-add upgrades. |