2501 South Meridian Street, Tallahassee, FL 32301

• Attractive Assumable Debt: Existing loan at a 3.73% interest rate with approximately six years remaining.

• Strong In-Place Yield: Underwritten to a 7.00% Year 1 adjusted cap rate at the asking price.

• Efficient Unit Mix: 31 of the 32 units are one-bedroom floor plans, creating a simple and highly rentable operating profile.

• Affordable Price Point: Offered at $2,350,000, or approximately $73,438 per unit and $163.19 per square foot.

• Stabilized Cash Flow Potential: Year 3 stabilized NOI is projected at approximately $177,678

• Minutes from Florida State University (FSU) & Florida A&M University (FAMU)

• Convenient access to Tallahassee International Airport (TLH)

• Positioned along South Monroe Street with exposure to ±22,000 VPD

• Near major retail destinations including Target, Costco, Sam's Club, Publix & Walmart

• Easy access to Downtown Tallahassee and key employment centers