Vineyard Way Rentals

• 11.61% Year 1 Cap Rate | 24 Units | Atlanta MSA
• Strong In-Place Cash Flow with approximately 15% upside to market rents
• Diverse Unit Mix consisting of 9 park-owned homes, 2 tenant-owned homes, and an 8-unit apartment building
• Recently Renovated Interiors with all unit interiors renovated within the past year, minimizing near-term capital expenditures
• Additional Infill Upside with five vacant tenant-owned home lots; ownership is currently infilling one lot, leaving four vacant lots for future expansion
• Multiple NOI Growth Opportunities through additional infill and continued rent growth
• Rent-to-Own Potential for park-owned homes, providing an opportunity to reduce ongoing maintenance responsibilities and operating costs