— Proven Occupancy and Rate Performance
Entrada Real is a consistent and well-performing asset in the market, the Property averaged 99%+ occupancy for the last 3 years and is 93% preleased generating over 14.4% rent growth for AY 24-25. Furthermore, the rental rates of Entrada Real are significantly below its peers and even further below the new high-rise developments adjacent to campus affording the next owner the ability to continue pushing rental rates.

— Full Amenity Package with Bed / Bath Parity
The Property offers a complete amenity package guaranteed to encourage students to socialize and succeed while attending the University of Arizona. Unit attractions include private bedroom suites, individual bathrooms, high-speed internet, full-size washer and dryer, fully equipped kitchens, leather-style furniture, and ceiling fans. Community amenities at Entrada include a resort-style pool with sun deck, hot tub, outdoor grilling stations, 24-hour indoor fitness center, 24-hour clubhouse, private study lounges, and covered parking.

— ​​​​​​​Potential Value-Add
Entrada offers prospective investors a unique opportunity to own an asset that historically achieves both strong occupancy and consistent top-line rental revenue growth, but also has potential for the implementation of a value-add business plan. Potential value-add initiatives include installing new cabinetry, countertops, improving lighting fixtures in unit common areas and bathrooms, new kitchen appliances, and updating bathroom fixtures.

— Booming Tier 1 / Power 5 University
The University of Arizona is among the largest universities nationwide with 53,187 students enrolled for Fall 2023, marking the 16th consecutive record-breaking year and a 4.01% increase YOY. UA’s continued enrollment growth is driven by its record-high 88% retention rate and ability to attract large freshman classes year after year. In Fall 2023, the university welcomed more than 9,300 freshmen, the largest freshman class in school history. Total first-year undergraduate applications have increased by nearly 8,300 since 2021, an 8.23% CAGR. UA aims to continue increasing its first-year retention rate to 91%, supporting sustained enrollment growth for years to come.

— Arizona Property Tax Cap
The increase in property tax assessments in Arizona is limited to 5% per year, ensuring stability and predictability for the single largest expense item, even amidst a recently inflationary environment.