THE OPPORTUNITY Marcus & Millichap, in conjunction with RealINSIGHT Marketplace, is pleased to present Hillside Manor Apartments, a 216-unit apartment community located in Chester, Pennsylvania (the “Property” “Offering”). The Property is being offered for sale on behalf of the lender and presents investors an excellent opportunity to acquire a well-located asset with substantial value creation opportunity through property-wide renovations and management stabilization. THE PROPERTY Built in 1954, Hillside Manor is comprised of 54 buildings, each containing four units. Each unit has a separate entrance along with one off-street driveway parking space. Currently approximately 71% occupied, Hillside presents a significant value-add opportunity with in-place rents averaging $903 per month (submarket average $1324). There are approximately 54 down units, which will allow investors to immediately renovate units upon purchase. Additional upside remains through further renovations, including exterior curb appeal, roof work, and updated kitchens and baths. LOCATION The Property is located just off I-95, approximately halfway between Philadelphia, PA and Wilmington, DE. Residents have easy access to the Philadelphia International Airport, Widener University, and Marcus Hook Industrial Complex - all within a 15-minute drive. Hillside Manor is centrally located within minutes of major employment centers to the north via I-476, and to New Jersey via the Commodore Barry Bridge. There is a population of 185,090 within a five-mile radius with a median household income of $78,440.