This property boasts of 12 two-bedroom and one & one-half bath apartment homes,each measuring 1,200 square feet. The White Lake Portfolio was built in 1973-1977 and has been well maintained over the years. Currently the White Lake Portfolio is operating at 100% physical occupancy and has maintained this level of performance for many years, requiring only minimal management oversight from ownership. Even more impressive than the occupancy is the location of the assets. IPO has projected an NOI going forward of $113,244 based on street rents and 2023 Profit & Loss schedule. However, there is tremendous upside in year two when the complex is brought up to market, the NOI increases to $127,384. This is an increase of over 12%.