8-Unit multifamily with potential 9th unit subject to zoning Value add through leasing up the 9th unit and contesting the property tax assessment of $1,478,500 to reduce the tax bill. Additional value add opportunity through RUBS implementation (80% recapture assumption). Stabilized 6.77% cap rate Strong Wilmington rental demand Proximity to employment hubs Excellent accessibility via I95 and public transportation Downtown location near hospital Diverse unit mix with strong tenant demand (2) three-bedroom units, (3) two-bedroom unit, and (4) one-bedroom units