RECONSTRUCTED 4-UNIT | 12-MONTH PROVEN PERFORMANCE | 100% OCCUPANCY | FURNISHED RENTAL UPSIDE __________________________________________ OVERVIEW Fully reconstructed 4-unit property in Richmond with 12 months of documented performance and 100% occupancy. The asset is currently operated with a mix of furnished and unfurnished units and has demonstrated consistent income with no vacancy over the past year. Offered at $935,000. __________________________________________ FINANCIALS (ACTUAL PERFORMANCE) * Price: $935,000 * NOI: $65,257 * Cap Rate: 6.98% * Gross Income: $89,400 * Occupancy: 100% (12+ consecutive months) __________________________________________ PERFORMANCE Furnished units have consistently achieved $2,000–$2,650/month over the past 12 months. The current configuration provides stable, proven income while maintaining operational flexibility. __________________________________________ UPSIDE (CONFIGURATION) The property is currently configured as 2 furnished / 2 unfurnished units. Expansion of the furnished rental model across all four units may increase overall income, based on the performance of existing furnished units. This allows buyers to: * Maintain the current stable model * Or optimize toward a fully furnished rental strategy over time __________________________________________ THE PROPERTY “Legend RVA” is a fully reconstructed 3,400 sq ft quad with modern systems and high-quality finishes throughout. Designed with furnished rental functionality in mind, the property offers a move-in-ready alternative to the deferred maintenance common in Richmond’s housing stock. __________________________________________ FEATURES & UPGRADES * New plumbing, electrical, and main sewer line * Mitsubishi mini-split HVAC systems * Anderson 100 Series windows * Hardwired Cat6A ethernet (fiber-ready) * High-quality flooring and finishes * Dimplex Revillusion fireplaces in each unit * 800 sq ft concrete patio with fire pit and seating __________________________________________ OPTIONAL TURNKEY CONFIGURATION A fully furnished configuration and digital assets are available separately for buyers seeking immediate rental operation. This may include: * Furniture, fixtures, and equipment (FF&E) * Curated unit interiors * Existing operational setup __________________________________________ BROKER COOPERATION (UPDATE 4/30/26) * 2% cooperating commission offered to buyer’s agent __________________________________________ SHOWING PROCESS * Video walkthroughs available upon request * In-person showings scheduled with proof of funds or pre-approval __________________________________________ ADDITIONAL INFORMATION Full rent roll, P&L, and supporting documentation available upon request.