ATTRACTIVE ASSUMABLE DEBT – FIXED 3.57% RATE The Property offers an assumable Freddie Mac loan at a favorable 3.57% fixed interest rate, with a remaining fixed rate term of approximately 39 months, thereafter the loan begins floating. The current balance is just north of $5.5 million. This is a rare opportunity to capitalize on an extraordinarily cheap piece of debt and strong cash flow on Day 1. LIMITED MARKET COMPETITION – STRONG RENT & OCCUPANCY STABILITY Positioned in North Amarillo, Cross Timbers has little competition compared to the other submarkets across the city. Cross Timbers should benefit from this supply constraint with strong occupancy, retention, and rental rates. OPTIMAL UNIT MIX – LARGER FLOOR PLANS DRIVE REVENUE With a well-balanced mix of 32 one-bedroom units, 80 two-bedroom units, and 24 three-bedroom units, Cross Timbers caters to a broad tenant base, including families and professionals seeking more space. Larger units & Bedroom Counts not only command premium rents but also contribute to longer lease durations and reduced turnover costs, ensuring sustained operational efficiency. WASHER/DRYER CONNECTIONS IN 2- & 3-BEDROOM UNITS 104 of the 136 units (two- and three-bedroom layouts) feature in-unit washer/dryer connections, a desirable unit amenity that should enhance tenant retention and support premium rents for these floor plans.