Generations of Chapin (1/2 of Portfolio)

Investment Overview

±16.26 Acre Assisted/Senior Living Campus | Lexington County | Chapin, SC 29036 ASSISTED LIVING BUILDING: - Opened: Fall 1999 | Incorporated June 11, 1997 - AL Building: ~38,000 SF - Licensed Beds: 56 assisted living beds - Current Census: 46–47 residents (83–84% occupancy) - Payor Mix: 100% private pay —zero Medicaid - Avg. Room Rate: $3,951/month (April 2026) - Rate Growth: $3,759 → $3,951 (+5.1% over 24 months) - IL Cottages: 14 Southwoode duplex units owned - Cottage Rent (T12): $287,654/yr · 94% occ. - Full-occ. potential - $314,160/yr (full occ.) - Campus Site: 16.26 acres (per county GIS) - Excess Land: ~7–8 acres developable (within site), pond view - Ancillary: Pharmacy building + utility/maintenance bldg. SOUTHWOODE COTTAGES: - Units owned by Generations: 14 units (7 duplex buildings) - Total Southwoode Community: 37 single-family homes (privately owned) + 7 duplex buildings (14 units retained) - Unit sizes: 911–1,016 SF per unit (duplex style) - Current monthly rent: $1,870/unit - In-place gross rent (T12): $287,654/yr · 94% occ. - Full-occupancy potential: $314,160/yr (full occ.) - Prior market sales on owned units: None —never traded - Land ownership: Condominium (confirm in due diligence)