Colonial Apartments & Northpointe Apartments Portfolio

• 2-Property Portfolio located in the closely connected Marion–Meridian market
• Immediate portfolio scale, operational efficiencies, and diversified cash flow across a single regional employment base
• Colonial Apartments: 56 units, ±50,000 SF, built 1970, located at 4100 40th St, Meridian, MS
• Northpointe Apartments: 52 units, ±54,182 SF, built 1987, located at 548 Old Country Club Rd East, Marion, MS
• Combined 108 units with 1+1, 2+1, and 3+1.5 unit mix across both properties
• 53% renter household rate in Meridian; 48% renter household rate in Marion
• Meridian serves as a regional commercial hub anchored by healthcare, military, manufacturing, and transportation sectors
• Naval Air Station Meridian (3,000+ employees) and Ochsner Rush Health (2,400+ employees) among largest regional employers
• MSU–Meridian campus supports stable housing demand from students, faculty, and staff
• 20% upside potential at Colonial Apartments; 12% upside potential at Northpointe Apartments