Investment Highlights
- Lease Trade Outs: 2024 New Move-In and Renewal Lease Increases Average 4.9% (2023 Average: 5.4%)
- Irreplaceable Asset: Substantially Below Replacement Cost; NRA: 277,330 - ±$250 PSF GBA: 380,744 - ±$179 PSF
- Significant Loss-to-Lease Upside. Institutionally Operated And Third-Party Managed. Build-to-Rent (Btr) Layouts. Only 20% New Move-Ins; 140 Renewals in 2024.
Exclusively listed by
Broker of Record
John Horowitz
Broker of Record
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