248 units located in Richland Hills, a high-growth submarket in Fort Worth, Texas
Current ownership has upgraded most interiors with resurfaced countertops, faux wood flooring, brush nickel fixtures, and a modern lighting package
Excellent upside potential remains for the addition of granite countertops, stainless steel appliances, and new cabinet fronts, which could command a $75 premium
Attractive in-place debt allows a new investor to acquire a loan at 4.11% interest, which could not be reproduced in today's capital markets
Multiple streams of proven-out "Other Income" growth allow for further appreciation during the hold period
