| Real Estate Assets Owned by Partnership |
The following tables summarize information regarding the Partnership’s real estate assets, net of depreciation, as of June 30, 2026 and December 31, 2025:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Real Estate Assets as of June 30, 2026 |
|
Property Name |
|
Location |
|
Number of
Units |
|
Land and Land
Improvements |
|
|
Buildings and
Improvements |
|
|
Carrying Value |
|
The Park at Sondrio |
|
Greenville, SC |
|
271 |
|
$ |
6,706,487 |
|
|
$ |
25,700,888 |
|
|
$ |
32,407,375 |
|
The Park at Vietti |
|
Spartanburg, SC |
|
204 |
|
|
3,298,540 |
|
|
|
19,847,261 |
|
|
|
23,145,801 |
|
Windsor Shores Apartments |
|
Columbia, SC |
|
176 |
|
|
2,360,633 |
|
|
|
19,966,971 |
|
|
|
22,327,604 |
|
Century Plaza Apartments |
|
Greenville, SC |
|
212 |
|
|
5,826,323 |
|
|
|
25,580,519 |
|
|
|
31,406,842 |
|
Vantage at San Marcos |
|
San Marcos, TX |
|
(1) |
|
|
2,513,092 |
|
|
|
- |
|
|
|
2,513,092 |
|
Land held for development |
|
Richland County, SC |
|
|
|
|
1,109,482 |
|
|
|
- |
|
|
|
1,109,482 |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
112,910,196 |
|
Less accumulated depreciation |
|
|
|
|
|
|
|
|
|
|
|
|
(1,934,648 |
) |
Real estate assets, net |
|
|
|
|
|
|
|
|
|
|
|
$ |
110,975,548 |
|
(1)The assets are owned by a consolidated VIE for future development of a market-rate multifamily property. See Note 3 for further information.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Real Estate Assets as of December 31, 2025 |
|
Property Name |
|
Location |
|
Number of
Units |
|
Land and Land
Improvements |
|
|
Buildings and
Improvements |
|
|
Carrying Value |
|
Vantage at San Marcos |
|
San Marcos, TX |
|
(1) |
|
$ |
2,513,092 |
|
|
$ |
- |
|
|
$ |
2,513,092 |
|
Land held for development |
|
Richland County, SC |
|
|
|
|
1,109,482 |
|
|
|
- |
|
|
|
1,109,482 |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
3,622,574 |
|
(1) The assets are owned by a consolidated VIE for future development of a market-rate multifamily property. See Note 3 for further information.
|