PRIMED FOR STRATEGIC VALUE-ADD IMPROVEMENTS: Opportunity for continued strategic interior value-add improvements including LVP flooring, light kitchen upgrades, bathroom vanities and flooring, and overall lighting fixtures to capture $150+ rent premiums.

STRONG OCCUPANCY WITH IMMEDIATE RENT PREMIUMS: Historically high occupancy above 92% and average rents currently sitting at $1.47/sf with rental competitors in the $1.59-1.86 range, showcasing immediate rent premiums of $60-120 as leases turn.

PREMIER LOCATION WEST OF I-25 WITH LIMITED COMPETITION: Situated minutes from historic downtown Pueblo, the Pueblo Riverwalk, and with easy access to I-25, Kona Kai Apartments benefits from proximity to employment hubs, dining, shopping, and entertainment options. Additionally, the property is close to educational institutions like CSU-Pueblo and Pueblo Community College, as well as healthcare facilities including UC Health Parkview Medical Center.

DIFFERENTIATED PROPERTY DESIGN: The atrium, featuring lush greenery and an indoor pool, sets Kona Kai Apartments apart from typical multifamily properties. This distinctive design not only enhances the aesthetic appeal but also contributes to a unique living environment that attract tenants seeking a resort-style atmosphere with year-round pool, gym, and amenity offerings.