The Haven of Battle Creek

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1234 Lorem Ipsum Avenue | Glenview, IL 60025

PROPERTY TITLE

The Opportunity

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ROBUST NORTH SHORE DEMOGRAPHICS

Average Household Income: $XXXXXX (within 1 mile) Median Home Value: $XXXXXX (within 1 mile) White Collar Workers: XX% Jobs Proximity Index: Lorem ipsum dolor sit Highest Job Growth of ALL Chicago Submarkets: XX% Consumer Spending: Lorem ipsum dolor sit amet Massive Population Influx of the Most Desirable Demographic: Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et Robust Rent Growth: Lorem ipsum dolor sit amet, consectetur adipiscing elit Rent Wallet Share (34%): Lorem ipsum dolor sit amet, consectetur

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PROPERTY HIGHLIGHTS

PROPERTY SUMMary

XXXX SF

XXX

XXXXXX SF

XX Acres

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XXX Spaces

Average Unit Size:

Number of Units:

XXXX

Year Completed:

Total Rentable Area:

Site Size:

Building Type:

Stories:

Parking:

1234 Lorem Ipsum Avenue | Glenview, IL 60025

Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada. © 2023 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by the Tax Credit Syndication group. For state licensing details for the above entities, visit: https://www.berkadia.com/licensing/.

PETE EVANS

INVESTMENT SALES

MORTGAGE BANKING

Senior Managing Director pete.evans@berkadia.com 847.226.0836

MICHAEL SLOVITT

Managing Director michael.slovitt@berkadia.com 312.636.5322

RICHARD EVANS

Senior Director richard.evans@berkadia.com 773.991.3321

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PHOTO GALLERY

PROPERTY TITLE

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*select units

INTERIOR FEATURES

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COMMUNITY FEATURES

AMENITIES

PROPERTY TITLE

DOWNLOAD FLYER

DOCUMENT CENTER

Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada. © 2024 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.

PETE EVANS

INVESTMENT SALES

Senior Managing Director pete.evans@berkadia.com 847.226.0836

mike terry

Director mike.terry@berkadia.com 425.761.1640

934 SF

216

201,654 SF

8.97 Acres

1976

Average Unit Size:

Number of Units:

200 Winthrop Street S., St Paul, MN

Site Address:

Total Rentable Area:

Site Size:

Year Completed:

ST. PAUL | MINNESOTA

PROPERTY OVERVIEW

Submarket’s Outperforming Rent Growth: 2.1% | 2 X U.S. Average ( May 2024, YoY | Compare to National: 1.0% + Minneapolis Metro: 1.3% ) Strong Submarket Occupancy: 94.0% ( May 2024 | Compare to National: 92.3% ) Rent Wallet Share ( 29.3% ) Significantly Lower Than Home-Owning ( 43.5% ) Resident Ratings are Strong at HAVEN: 4 Stars @ Google, ForRent, + Apartments.com Renters Stay Put Here: 7.4 Years ( Avg. Renter Residency | 1 mile ) Average Household Income: $91,116 ( 3 miles ) Median Home Value: $297,316 ( 1 mile ) $3.1 Billion in Consumer Spending ( 5 miles )

POWERFULLY POSITIONED: THE HAVEN OF BATTLE CREEK + OUTLYING ST. PAUL SUBMARKET

The Haven of Battle Creek is a naturally-occurring affordable housing multifamily property built in 1976 with 216 units in one 3-story building and 351 total parking spaces (1.61 per unit). The Haven of Battle Creek, located on a nearly 9-acre site with lush landscaping, is surrounded by and located in the center of Battle Creek Regional Park, which is a sprawling 750-acre public park featuring oak woods, fields, Battle Creek, and many woodlands only 5 miles from downtown St. Paul. NATURALLY-OCCURRING AFFORDABLE ASSET WITH 3 POWERFUL VALUE DRIVERS: 1. OPTIMAL OPTIONALITY TO AMPLIFY RENTS 2. SUPPLY-CONSTRAINED OUTLYING ST. PAUL SUBMARKET + OVERALL MARKET 3. SIGNIFICANT $3.8M INVESTMENT IN CAPITAL IMPROVEMENTS

OVERVIEW

216-UNIT NATURALLY-OCCURRING AFFORDABLE HOUSING VALUE-ADD OPPORTUNITY Standout Opportunity to Drive Rents in Supply-Constrained St. Paul Submarket

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St. Paul | Minnesota

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St. Paul | Minnesota

BATTLE CREEK REGIONAL PARK: 750-ACRE PARK SURROUNDING THE HAVEN OF BATTLE CREEK

molly podratz

Director molly.podratz@berkadia.com 312.845.3098

paul matusiak

mortgage banking

Senior Managing Director paul.matusiak@berkadia.com 708.203.6591

MICHAEL SLOVITT

Managing Director michael.slovitt@berkadia.com 312.636.5322

RICHARD EVANS

Senior Director richard.evans@berkadia.com 773.991.3321