*These properties can be purchased as a portfolio or individually* The Lexington portfolio presents a compelling investment opportunity with immediate rent growth potential of $250+ per unit by aligning with market rental competitors. This 6 property, 907-unit portfolio are all in extremely desirable areas of Lexington, KY. A new investor can transition their focus from maximizing occupancy to bringing rents in line with market levels. Increasing rents at the properties to the market average can increase revenues by $2,797,188 with the potential to achieve even higher rents. The market is achieving 5.4% rent growth YoY and is at 97.5% occupancy, with a strong historical track record. Significant capital investments have already been made, reducing deferred maintenance and allowing new ownership to focus on operational upside— including washer/dryer rentals and utility recapture. The Lexington portfolio is located within minutes of many of Lexington’s top employers and economic drivers including UK, CHI Saint Joseph, Conduent, Amazon and Baptist Health which provide 40,000+ jobs in the immediate area. The Lexington portfolio is also located less than a mile from a high-traffic retail area which includes French Quarter Square. Major brands in the area include Home Depot, Lowes, Chipotle, Panera, Kroger and more. STRATEGIC VALUE-ADD OPPORTUNITY WITH STRONG UPSIDE POTENTIAL • Offered free & clear or agency debt assumption (Debt assumption is only for Lexington Villas at 5.12% through November 2030 and Preakness at 3.42% through July 2031) • $8,009,962+ total capex ($8,831/unit) spent to date • Ability to capture washer/dryer income & utility recapture • $190 - $315+ below comps in Inferior Locations • Rents at bottom of rent comp Set • Ability to add $2,797,188 in revenue by pushing rents to market NEAR MAJOR EMPLOYERS & DEMAND DRIVERS • UK Healthcare: 26,800+ employees; $2.4B expansion creating 4,800 new jobs • Baptist Health: 3,189 employees; $230M new medical campus adding 600–700 jobs • Amazon: 5,034 employees • Conduent: 2,250 employees • Less than 2.5 miles from French Quarter Square, Garden Springs Shopping Center, Meadowthorpe Shopping Center Lowe’s, Starbucks, Home Depot, Chipotle, and more SUPERIOR SUBMARKET FUNDAMENTALS IN LEXINGTON • Strong Demand Outpacing Supply • 96.6% Occupancy and 97.7% Occupancy for each Submarket • 7.7% and 5.9% YoY Rent Growth for each Submarket