I NVESTMENT HIGHLIGHTS This is an opportunity to acquire three large, distressed assets at a significant discount to current replacement costs. The collection includes 511 units across three properties, offering immediate scale and operational synergies for investors looking to establish or expand their presence in the Montgomery market. The properties are roughly 13% occupied and require substantial capital investment, positioning investors to enter at a low basis and execute a comprehensive repositioning strategy to capture substantial upside. Despite the required capital expenditures, our analysis finds that investors can achieve a significant yield on cost creating a strong basis relative to stabilized value, and should be able to 2.5x their investment in less than 4 years.