Octagon House is a historic property featuring 13 apartment units in two buildings. The 2025 renovation updated the property while preserving its distinctive architectural character, including the original octagonal structure with standing-seam metal roof, multiple chimneys, and covered entry with ADA-accessible ramp. The property includes a separate two-story building with exterior stairways and private balconies housing the majority of units. The grounds feature mature landscaping, surface parking, and a well maintained lawn area. The unit mix includes 3 one-bedroom / one-bath units at 670 SF and 10 two-bedroom / two-bath units at 850 SF. The investment thesis centers on acquiring a recently renovated, fully stabilized asset at a sub-$90K per door basis with substantial loss-to-lease upside. Current in-place rents average $819 per unit versus market rents of $971 — a 15.7% gap that provides a clear path to organic income growth through lease renewals.