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The Asset Description



                                               Park Newhall offers residents excellent living conditions in the heart of the

                                               Santa Clarita Valley. Residents appreciate the convenience of nearby
                                               entertainment, dining, recreation, and nightlife options that the Valley has to

                                               offer. Additionally, within an hour's drive are the largest employment hubs

                                               including Burbank-Glendale-Pasadena Tri-Cities, Downtown Los Angeles,

                                               and Warner Center in the west San Fernando Valley.



                                               The asset consists of five two-story buildings situated on five parcels of land

                                               totaling over one acre. Open parking spaces are situated throughout the
                                               community providing more than one space per apartment. Many units have

                                               been recently updated with new plank flooring, re-glazed countertops in the

                                               bathroom and kitchen, microwave hood, new carpet, fresh paint, and

                                               modern lighting and plumbing fixtures. The property has been well-
                                               maintained, yet it still features considerable potential for further capital

                                               improvements in order to tap additional revenue streams.



                                                Community Features

                                                ✓   Hard-Wood-Style Flooring            ✓    Built-In Microwave

                                                ✓   Air Conditioning                    ✓    Mature Landscaping

                                                ✓   Gas Range                           ✓    Chrome-Finished Hardware
                                                                                             and Fixtures
                                                ✓   Gated Entry
                                                                                        ✓    Extra Closet Space
                                                ✓   Fenced Perimeter
                                                                                                        SOME FEATURES ARE ONLY
                                                                                                       AVAILABLE IN SELECT UNITS





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