WORTHINGTON RIDGE

Entrance

Worthington Ridge

Parking

Entrance

1/7

152-Unit Garden Style Apartment Community

Ownership: 8%

Professionally managed by Burlington Capital Mgmt

44% LTV with 3.6x DSCR

SOLD 4Q22
~12.5% annualized return over past decade

Replaced Property Mgmt - 2020

Unit Renovation Begins - 2020/21/22

Dog Park Installed - 2021

Extensive Landscaping - 2021

Selective Replacement of Appliances - 2019/20/21/22

Asphalt Sealed - 2017

Asphalt Entire Parking - 2015

All Roofs Replaced (Buildings and Garages) - 2015

Refinanced - 2015