The property consistently shows high occupancy with an average in place rent of $770 per month. Based on proven rents, the average market rent is $910 per month. This proven value add story is to bring 1 bedroom units to an average of $800 per month and 2 bedroom units to an average of $950 per month. Projecting a stabilized investment using these average rents would yield a $168,960 increase in gross rental income per yer.