Attractive In-Place Returns

• 7.23% Cap Rate on current
• 7.74% Pro Forma Cap Rate with light operational optimization 
• 13.34% Average Cash-on-Cash Return, with 11.28% in Year One

Exceptional Performance and Debt Options

• 97% Occupancy reflects strong tenant retention and market demand 
• Exceptional agency debt quotes at 5.38% interest rate 
• 168 Basis Point Spread between in-place cap rate and quoted debt (5.38% interest rate), enhancing leveraged returns

Desirable Unit Mix & Size

• All units are spacious 2 Bed / 1 Bath, averaging 967 SF, catering to long-term renters and families

Bonus Depreciation Potential

• Estimated $1,000,000+ in Year-One Bonus Depreciation, offering significant tax advantages for qualified investors

Recent Renovations & Transparency

• Full inspection reports available post-renovation 
• Property has undergone substantial upgrades, reducing future CapEx exposure