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19 Home Portfolio - 17 single-family detached homes and 1 duplex (2 doors) The majority of homes are in Salisbury with the duplex located in Nanticoke and one home in Fruitland The portfolio includes one,two,three,and four-bedroom homes Portfolio is self-managed Over $350,000 in improvements completed since 2017 Average tenancy of 5 years with some tenants in place as long as 20 years Value-add opportunity with rents 30% below market rents $125,004 average home price is $100,000 below median home prices of $225,834 per NeighborhoodScout Home prices have increased 14% in the past 12 months Opportunity to reduce expenses through professional management engagement 73% of the homes in Salisbury are occupied by renters per NeighborhoodScout Stabilized cap rate of 7.45% with a gross yield of 11.19%

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Listed by Brent Miller of SVN |Miller Commercial Real Estate

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