- The property offers a light value add opportunity while benefiting from well-maintained systems and prior cap ex such as newer windows and roofs - Owner managed with very little tenant marketing, offering an opportunity to increase occupancy through aggressive marketing - Opportunity to increase net income through the implementation of utility bill backs (RUBS) - Attractive assumable financing with a 5.08% rate and an approximate balance of $7.0 million - Ability to enhance the community through the updating of the onsite amenities (pool, clubhouse and grill area)