Value-Add Investment Opportunity / Below Replacement Costs ($142) » Carriage at Village Parkway is currently 75% occupied, allowing the new investor the ability to increase occupancy and income through leaseup » Above Market Return - Carriage at Village Parkway is priced at 7.2% cap rate (in-place), with a proforma cap rate of 11.7% once fully leased High Traffic / Main Thoroughfare Location » The Subject Property is located off Central Avenue (31,487 VPD), which is a main thoroughfare road within the overall trade area and leads directly into Downtown Wichita » Located within 1 mile of US Route 400 (77,000 VPD) Ideally Located Shopping Destination - Near Downtown, Airport, and Wichita State University » Located 1.5 Miles from Wichita State University » Located 3 Miles from Downtown Wichita » Located 8 Miles from Dwight D. Eisenhower National Airport