Newly constructed (2025) 30-unit townhome-style multifamily community consisting of 10 buildings. The property is currently 95% occupied and stabilizing, with in-place rents generating a 6.2% cap rate at the offering price. Individually metered utilities (tenant-paid electric and water/sewer) create a favorable and predictable expense structure. Ownership projects rental growth to $1,360 within Year 1 and $1,450 within Year 2, supporting a projected 6.8%–7.3% stabilized cap rate. Minimal deferred maintenance risk and limited competing new inventory in the immediate market position this asset as a low-volatility income opportunity with measurable upside. Ideal for 1031 exchange buyers, passive investors, or portfolio expansion into newly delivered product.