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Investment Summary

JEM Holdings acquired Wellington Farms apartments in April, 2015 in an off-market transaction as a value-add investment. Constructed in 1988, Wellington Farms is a 254-unit garden style apartment community conveniently located next to North Sharon Amity Road, a major artery in East Charlotte and 6.5 miles from downtown Charlotte. Since purchasing the property, JEM has invested in amenity improvements and interior unit upgrades.