???????Bull Realty is proud to offer the opportunity to acquire Antioch Manor Apartments, a 120-unit age-restricted community with rent Bull Realty is proud to offer the opportunity to acquire Antioch Manor Apartments, a 120-unit age-restricted community with rent restrictions. The facility is well-occupied providing investors immediate cash flow, while also offering multiple value-add components. The property is owned by a church and has experienced above market operating expenses. Additionally, the pastor has kept rents low with a biblical hesitancy to charge market rents. An experienced operator should be able to get operating costs in line with market and rents up to program limits. The current NOI does not include income from five water-damaged units which are being repaired. The proforma NOI on page 6 includes income from these units, capturing the full stabilized potential.