EXECUTIVE SALE NOTE: THE 40-UNIT STRATEGIC HAND-OFF The "Why This is a Great Buy" Breakdown: Immediate Equity Capture: The portfolio is priced at $3,098,000, while the stabilized Pro Forma Net Operating Income (NOI) is $276,284.40. The "Dirty Work" is Done: As a -owner, I have already secured the building envelopes in Pontiac with new windows, new vinyl siding, and professional ARC blown-in cellulose insulation. Internal Moisture Protection: Unlike standard aging apartments, we have rerouted all bathroom exhaust fans to the exterior soffits and updated the roofs (2016) to ensure long-term structural integrity. 70% Remodeled in Dwight: Over $66,000 was reinvested in 2025 specifically for high-end unit remodeling; 11 of 16 units are already finished and achieving rental premiums. Proven Scalability: You aren't guessing at market rents; you are buying into a system where 25 out of 40 units (62.5%) are already achieving the target Pro Forma rents. Significant Upside: By completing the final 15 unit interiors—a low-risk, cosmetic phase—the investor pushes the portfolio to a $445,000+ Gross Annual Income and an 8.92% Cap Rate. PORTFOLIO: $150K+ IN RECENT CAPEX | 8.9% STABILIZED CAP"