The Southwest Michigan Portfolio consists of Buchanan Place Apartments (98U), West Wind Apartments (148U) and North Niles Villa Apartments (120U). Buchanan Place and West Wind are neighboring properties and North Niles Villa is located approximately 7 miles east in the city of Niles. All the properties are located less than one mile from their respective downtowns and approximately 20 miles north of South Bend, IN. These fantastic locations provide residents with numerous employment, retail, educational, recreational and entertainment opportunities close to home. Considerable management efficiencies and critical mass is achieved with this portfolio and there’s also a value-add component through continued property upgrades and rental rate increases to market rents. Notable for investors is the stabilized occupancy of this portfolio and the properties ability to command market rents on renewals and new leases. These factors provide investors with an opportunity to acquire strong cash-flow producing properties with additional upside.