Located just two miles from Downtown Columbia along Highway 378, Westwood Estates resides on an expansive 20.31-acre site and offers an attractive array of one-, two-, and three-bedroom units with a variety of floor plan options with ample green space and amenities for tenants to enjoy. Current ownership has invested over $7.5MM in the property, addressing deferred maintenance needs, upgrading the property’s amenities, and making upgrades and repairs to the interior units. Although some of the interior units were upgraded, there is additional value-add to be achieved by upgrading the remaining interior units and making additional amenity enhancements. 100 of the 419 units have received a “Premium” renovation package, which includes the installation of LVT flooring, new appliances, cabinetry, countertops, and hardware fixtures. These upgrades have averaged $12,000 and yield a premium of ~$100 across all unit types. The demand for renovated units suggests there is room to push these rents higher. There are 39 down units remaining on the property that can be upgraded to a similar 280 of the 419 units have received a “Standard” renovation package, which includes necessary unit repairs and cosmetic upgrades. By completing the proven value-add upgrades to the remaining standard units and utilizing a professional property management team the new owner has an opportunity to significantly boost revenue on the property.