| The two Properties are comprised of 58 total units offering boutique scale in an urban setting |
| Diverse unit mix – The Portfolio offers a mix of studio, one, two, and three bedroom units, catering to a broad tenant base |
| The portfolio is currently 96.6% leased, presenting a value-add opportunity through operational improvements and strategic renovations |
| Opportunity to enhance performance through selective interior upgrades to achieve top-of-market rents to drive NOI growth across the portfolio |
| Each Property is situated in a dense urban core with excellent walkability and access to amenities |
| Attractive basis relative to replacement cost |
Brad Megay
CBRE
