GREA Mid-Atlantic

JUST LISTED: REO | 402 UNITS | 686 BEDS | THE COVE AT STATE STREET | ADJACENT TO LSU | BELOW REPLACEMENT COSTS

Walk-to-Campus Location
0.25 miles to LSU, in the established North Gate off-campus housing district anchored by The Chimes, Louie's Café, and the original Raising Cane's; Walkable proximity at this basis cannot be replicated through new construction

Deep Going-In Basis
Price per bed is materially below replacement cost and below recent comparable student-housing trades in the Baton Rouge market, providing meaningful downside protection

Heavy Value-Add with Mark-to-Market Upside
Chronically under-leased and under-rented, with in-place rents below comparable LSU-area properties; Upside through a capital program across unit interiors and amenities, a leasing reset aligned to the LSU pre-leasing calendar, and an expense recalibration

Captive, Growing Demand Base
LSU enrolled 43,385 students in Fall 2025, including a record freshman class, roughly 78% of students live off-campus, and on-campus housing capacity is structurally limited

Capital Already Underway
New roofs completed in 2025; Partial HVAC upgrades completed in 2026 (70 units converted from PTAC to split systems)

Abundant Community Amenities
Resort-Style Swimming Pool and Sun Deck, Landscaped Courtyard with Grill and Dining Areas, Outdoor Lounge Areas, Mail Package Center, Fitness Center, Yoga Studio & More

Details at the link: https://grea.com/properties/ #/3000-july-street

LISTING BROKER
Jennifer Stein Real Estate, Inc.
LA License: Brok995713229-CORP
Jennifer D. Stein, Broker
LA License: Brok0995688204-Act

JUST LISTED: 26 Units in the Germantown Neighborhood of Philadelphia, PA

Adaptive Reuse Asset
Unique Industrial-Style Units Offering Differentiated Product in the Sub-Market

Proximity to Essential Retail
Located Near Save A Lot, Rite Aid, Family Dollar, Germantown Plaza, and the Germantown Avenue Retail Corridor

Access to Public Transportation
Short Walk to SEPTA Chestnut Hill East Line (Washington Lane Station) and Bus Routes 23, 53, and 71 with Direct Access to Center City

Social Impact; Strong Potential for Mission-Driven Investment
Preserve Naturally Occurring Affordability for Low- and Moderate-Income Residents

Accessibility & Connectivity
Minutes to Roosevelt Boulevard (Route 1) and Interstate 76 (the Schuylkill Expressway)

Details at the link: https://grea.com/properties/ #/4700-stenton-avenue

JUST LISTED: 18 APARTMENTS & 20 OFFICE SUITES | VALUE ADD | OFFICE TO APARTMENT CONVERSION POTENTIAL | GLOUCESTER COUNTY, NEW JERSEY

Unique Opportunity; Apartments & Office
Mixed-Use Asset Featuring 18 Apartment Units and 20 Office Suites

Value-Add Opportunity
Complete Renovation of Remaining Apartment Units to Increase Rents 25%+

Residential Conversion Potential
Opportunity to Reposition Office Suites into Additional Apartment Units

Strong Occupancy
Property has Currently and Historically Run at 100% Occupancy

Regional Connectivity
Convenient Access to Route 47, Route 295, Route 55, and the Walt Whitman Bridge, Connecting Tenants to Philadelphia and Surrounding Employment Centers

Mixed-Use Income Diversification
Residential and Commercial Tenancy Creates Multiple Income Sources and Long-Term Investment Stability

Details at the link: https://grea.com/properties/ #/1170-delsea-drive

NJ BOR 9110168