Investment Overview

IMPRESSIVE LEASE UP // The property was completely vacated and renovated with a more optimal unit mix in 2023. The property hit physical occupancy of 91 percent in February of 2025 and has maintained near 90 percent with aggressive ECRI growth. TURNKEY OPERATIONS // The property has gone through extensive renovations -- new asphalt, office buildout, new doors and gates, and fresh paint -- to reflect an institutional operation and professional manager. The owner is currently installing a Verkada Video Intercom System and an extended access hours system. RESIDENTIAL & COMMERICAL DEVELOPMENT // Within three-miles of the property, there are commercial projects exceeding $380,000,000 in value and over 1,100 residential developments in the pipeline. STRONG DEMOGRAPHICS // There are approximately 129,500 people in the three-mile trade area and 325,800 people in the five-mile trade area, with over 40,000 households and an average income of $135,000.