Inclusionary Housing Portfolio: 58 Units total (two buildings) located a block apart in the heart of Sellwood Studio Pointe (30 Units) - $4,000,000 Enclave 54 (28 Units) - $3,500,000 City of Portland MULTE Program: 2020 year built, 99-Year affordability requirement 2025 maximum rents set at 60% median family income (MFI) - $1,239/month Management efficiencies in-place: Professionally managed by Cloudten Residential 10-year property tax abatement through 2029/2030 Efficiency sized Studio layouts - each unit features washer/dryer hookups (stackable), mini/kitchenette, & full bathroom Max rents increase annually, consistent with Consumer Price Index Ground Floor Retail Potential @ Studio Pointe Common Amenities Include: Storage, bicycle parking, on-site laundry, secured entry