Built in 1977 Current avg rent: $745 + $60 water Pro forma rent: $1,100 + $60 water Architectural shingles Renovations: New flooring, paint, and appliances as needed Individual private courtyards Common laundry Surveillance system on site Offered significantly below replacement costs Why buy this asset? Low-maintenance brick construction Modernized units for tenant appeal Strong rent growth potential High-Demand rental market Operational simplicity with City utilities and waste service Turnkey opportunity with ongoing upgrades at each turn Close proximity to shopping, dining, and city park