Stable Cash Flow with Significant Value-Add Upside • 32 Developed Community Lots – Well-established manufactured housing community with infrastructure in place. • 21 Park-Owned Rental Homes providing consistent income and easy management. • Two Tenant-Owned Homes, one under long-term contract through April 2039. • Four Vacant Lots ready for immediate infill to boost NOI. • Five Future Expansion Lots currently inactive due to lateral field; future sewer access could unlock additional value here by making these lots usable. • Two Adjacent Parcels featuring two additional park-owned rental homes, offering operational efficiency and portfolio scale. • Excess Land for Growth – Potential to develop up to four new land/home sites, expanding total lot count and revenue potential Multiple Value-Add Levers – • Raise rents to market to enhance yield. • Infill vacant lots for near-term income growth. • Develop additional parcels for long-term upside.