The Property offers investors a compelling value-add opportunity across all 252 units, with each of the three existing interior tiers positioned to benefit from a next-generation renovation program. With in-place rents reflecting over $300 of headroom to comparable renovated properties in the submarket and the Property not subject to rent control, new ownership has a clear runway to execute on this opportunity and capture meaningful rent premiums across the entire unit base.

With 71% of units configured as two bedrooms or larger and an average unit size of 1,026 SF, Saybrooke is exceptionally well positioned to attract the family-oriented renters that define this submarket. This outsized unit mix has translated into sustained high occupancy, averaging 96.23% since 2023, as larger units appeal to residents with longer-term housing needs who are less likely to relocate on short notice.

Priced at approximately 30% below replacement cost, the Property offers investors a strong basis in one of the most fundamentally sound submarkets in the D.C. metro area. This attractive entry point is further reinforced by zero new market-rate multifamily deliveries within a three-mile radius through 2030, creating a formidable barrier to new competition and supporting continued rent growth and occupancy stability.

The Property sits at the epicenter of one of the most dynamic employment markets in the nation, with direct I-270 access to a dense concentration of world-class employers. Within a 15-minute drive, residents can reach NIST (~4,000 employees), AstraZeneca (~3,000 employees), the National Cancer Institute (~3,000 employees), and Leidos (~1,500 employees), underpinning exceptional and durable renter demand.

Saybrooke is situated within the Montgomery County Public Schools district, rated “A” overall and “A+” for College Prep by Niche (2026), and ranked #1 for Best Teachers and #2 for Best School Districts in Maryland. Residents of the community are zoned for Resnik Elementary (A-), Redland Middle (B), and Magruder High School (A-), all highly rated by Pyxis. With 15 highly rated public schools within a three-mile radius, the Property is ideally positioned to attract the family-oriented renter demographic that defines this submarket.

Saybrooke residents enjoy outstanding access to premier destinations on all sides, including the transformative $1.2 billion Lakeforest Mall redevelopment, Kentlands Market Square, Rio Lakefront, and Downtown Crown, offering well over 1 million SF of combined retail, dining, and entertainment. Seneca Creek State Park’s 6,300 acres of trails, fishing, and recreation round out an exceptional live-work-play environment.