• 8 units today, 9 tomorrow – well-located 8-unit multifamily with a potential 9th unit (subject to zoning). • Widener Law School arriving three blocks away – Delaware Law School relocates to 1020 N French St for the 2027–28 academic year as part of the $250M Bridge Project, bringing 2,000+ students, faculty, and staff downtown • 8.09% stabilized cap rate at the $1,200,000 asking price • Three clear value-add levers – lease-up of the 9th unit, RUBS implementation (80% recapture), and a tax appeal on the $1,478,500 assessment vs. the $1,200,000 purchase price • Diverse, in-demand unit mix – (2) three-bedroom, (3) two-bedroom, (3) one-bedroom, and (1) efficiency units serving Wilmington’s deepest renter pools • Prime downtown location near the hospital, courts, and CBD employment hubs, supported by strong Wilmington rental demand • Excellent connectivity via I-95, the Wilmington train station, and public transportation