| Occupancy already improving — 14 of 16 occupied as of Jan 12, 2026, showing strong leasing momentum. |
| Strong rent growth / stabilization upside: stabilized rents project $265,200/year gross potential with $34,800/year remaining upside at full occupancy |
| 16 total park-owned units = full rent control + full turn control (14 mobile homes + 2 cabins). |
| Turnkey, income-producing asset in the high-demand Lake LBJ / Kingsland corridor with strong rental demand. |
| Tenant-paid utilities (electric, water, trash) = lower operating burden and more predictable expenses. |
| Built-in value-add upside through final lease-up, plus standardized collections and efficient unit turns to stabilize operations. |