THE PROPERTY Orchard Hills is a 50-unit garden-style apartment community that features an attractive unit mix of 24 one-bedroom units at 630 square feet each and 26 two-bedroom, one-bathroom units at 840 square feet each. The Property operates on RUBS for electric, water, gas, and trash. Hot water is provided via one central boiler, and HVAC is provided through a chiller/boiler system. THE OPPORTUNITY The opportunity exists for interior upgrades such as hard surface countertops, new appliances, and renovations to the common areas to add additional value. Only five of the 50 units have been improved recently leaving 90% of the units ready for upgrades to garner up to $200 per unit per month in additional rental income. Further, a new owner can improve Orchard Hills operationally by switching to a centralized management company to reduce on-site payroll costs substantially. Please see the management proposal in the deal room. FINANCING This opportunity is being offered free-and-clear of debt. Contact Greysteel Capital Markets to explore the most accretive financing execution.