ECOFLATS | 20-UNIT MIXED-USE MULTIFAMILY ASSET 3951 N Williams Ave, Portland, OR 97227 Offering Price: $4,820,000 ($241,000/Unit | $273.61/SF) | Day-1 Building Cap Rate: 5.96% | Day-1 Cash-on-Cash: 5.00% EXECUTIVE INVESTMENT SUMMARY Metric Real Asset Strategies is pleased to exclusively present EcoFlats, a modern, 2011-built, 20-unit mixed-use community (18 residential apartments + 2 ground-floor commercial NNN suites) strategically located in North Portland’s prime N Williams Avenue corridor. Offered at $4,820,000 ($241,000/unit), the acquisition price is underwritten directly from audited in-place cash flows to deliver a Day-1 Baseline Net Operating Income (NOI) of $272,330 and a locked 5.00% Cash-on-Cash Return under 3-year interest-only debt (6.00% I/O at 65% LTV). Pricing explicitly accounts for a $250,000 land value allocation assigned to the pre-stubbed rear development lot; deducting land value yields a Day-1 Net Improved Building Cap Rate of 5.96% (~6.0% Cap). Entering the market at 100% physical and economic occupancy, EcoFlats offers defensive, high-yield cash flow insulated against inflation and operational overhead. OPERATIONAL EFFICIENCY & ASSET PROFILE • High-Efficiency Green Design: Features a 21-kW rooftop solar array offsetting common electric loads and open-air breezeways eliminating shared hallway HVAC overhead. • Contractual Commercial Revenue: Ground floor is 100% leased through 2028 (Migration Brewing) and 2031 (Big Time Tattoo) on NNN leases, generating $137,588 in base rent plus $30,003 in annual CAM expense reimbursements. • Built-in Expansion Potential: The rear 50x50 lot features stubbed utility lines, allowing a buyer to build up to 12 additional residential units without triggering expensive city System Development Charges (SDCs). • Turnkey 2011 Construction: CeramaClad and concrete panel siding, 60mm TPO roof, and central hydronic heating ensure low ongoing CapEx friction. LOCATION & DEMOGRAPHIC ANCHORS • Corridor Positioning: Situated directly on North Portland's primary bicycle commuter artery, offering doorstep access to Mississippi and Alberta Arts Districts. • Dual Healthcare Anchors: Located less than one mile from Legacy Emanuel Medical Center and Kaiser Permanente Interstate, driving a stable, affluent tenant base (1-mile average HH income over $146,000). PORTFOLIO ACQUISITION OPTION EcoFlats can be acquired individually for $4,820,000 or bundled with Roseland Apartments (30 units, 5811 SE Boise St) as a 50-unit close-in Portland portfolio for $9,680,000 (reflecting a $40,000 combined package discount). UNDERWRITING BRIEF & ATTACHED DOCUMENTS A comprehensive Buyer Executive Underwriting Brief and certified Offering Memorandum—containing audited trailing 8-month actuals, forward 12-month baseline projections based upon current in-place operations, certified rent rolls, and a 2026 Year-to-Date Operating Statement through August 31, 2026—are attached directly to this listing for immediate download. Offer Submittals & Inquiries: Mike Carlson | Managing Principal | Metric Real Asset Strategies Inc (503) 303-8393 | mike@metricrealassets.com