ATTRACTIVE PROPERTY FUNDAMENTALS The Tel Elm portfolio offers a diverse range of studio, one-bedroom, two-bedroom, and three-bedroom apartment homes, with sizes varying from 400 to 950 square feet. This split-site portfolio comprises four buildings in total: two buildings on the east side of Telegraph Road, south of Stewart Road, built in 1956, which include eight units and a billboard; and two buildings on East Elm Avenue and South Monroe Street, built in 1863 and 1885, featuring eleven units and a garage. The Tel Elm properties have been exceptionally well maintained over the years. Currently, Tel Elm is operating at 100% physical occupancy and has consistently maintained this level of performance for many years. EXCEPTIONAL LOCATION & ACCESS The Tel Elm Portfolio is conveniently located near the intersection of Telegraph & Stewart and S. Monroe Street & W Front St in Monroe, MI. Monroe, is strategically situated with excellent access, making it a convenient destination for commuters. The city is intersected by major highways, including Interstate 75, which provides a direct route to Detroit to the north and Toledo, Ohio, to the south. U.S. Route 24, also known as Telegraph Road, runs through Monroe, offering additional connectivity to nearby communities.