The Breslin with 46 units and Vista Court with 14 units are two historic multifamily communities located across the street from one another in Spokane. The Breslin, built in 1910, was among the city’s first luxury apartment buildings and features oversized one and two bedroom layouts with distinctive architectural character. Vista Court, constructed in the 1920s, expanded our presence in the same high demand neighborhood and allows for operational efficiencies through joint management. The value add strategy has focused on preserving historic character while thoughtfully modernizing the properties using period appropriate materials, finishes, and design. Improvements include unit renovations, upgraded hallways and lighting, and the creation of a revenue generating parking lot behind The Breslin, with total capital investment of approximately 1,000,000. The Breslin’s historic designation also secured property tax savings of roughly 10,000 per year for the next 10 years, enhancing long term operating performance. Both assets benefit from durable long term financing, with The Breslin refinanced into fixed rate debt at 5.08 percent and Vista Court secured at 4.25 percent, eliminating interest rate exposure and stabilizing operations. Located near major medical employers including Providence Sacred Heart Hospital, Spokane OBGYN, and Deaconess Hospital, the properties are well positioned for long term performance, combining historic character, differentiated layouts, and premium location while building equity and capturing future rent growth as market conditions normalize.