$250K+ Capital Improvements Completed: Current ownership has invested $257,264 in completed capital improvements across the properties, covering exterior and structural improvements, interior finishes, mechanical and electrical systems, furniture and appliances, security and access enhancements, and landscaping. These investments reduce near-term capital expenditure requirements for new ownership and position the portfolio for continued operational performance.

Defined Rent Upside Within Existing Affordability Limits: The portfolio offers clear rent growth potential while remaining within the existing 60% AMI affordability framework. At Creekside Senior, average in-place rents trail the 2026 Jessamine County net maximum rents by approximately $230 per month for one-bedroom units and $326 per month for two-bedroom units. At Nicholasville Greens, average in-place rents trail net maximum rents by approximately $349 per month for three-bedroom units and $415 per month for four-bedroom units. Across the combined 56-unit portfolio, these spreads represent a defined path to increase rental income while maintaining affordability compliance.

Diverse Product Mix Serving Multiple Renter Segments: The portfolio combines Creekside Senior’s efficient one- and two-bedroom senior housing units with Nicholasville Greens’ larger three- and four-bedroom townhome-style floorplans. This provides exposure to multiple renter profiles within the same submarket, including seniors, families, and residents seeking larger living spaces at an attainable price point.

Strong Area Incomes Support Attainable Rental Demand: The portfolio benefits from a stable income base within Nicholasville and Jessamine County, with average household incomes of approximately $82,345 in Nicholasville, $83,892 within a five-mile radius, and nearly $113,900 across Jessamine County. This income profile supports continued demand for attainable rental housing while providing room to capture rent growth from below-market in-place rents.

Underserved Senior Rental Market with Structural Demand Tailwinds: Creekside Senior represents a rare dedicated senior rental offering in Nicholasville, with limited comparable senior-only communities in the immediate market and the nearest concentrations located farther out in Lexington and Richmond. This local supply constraint is reinforced by a nationwide senior housing shortage, positioning Creekside to capture sustained demand from seniors seeking attainable 55+ housing within Nicholasville.