SUNLAND RENTALS, LLC
Divestiture of Residential Rental Properties
SUNLAND RENTALS, LLC
23 Years of continuous ownership and management
Company started in 2003, with two houses
We are selling all of our residential rental properties due to the
retirement of owners William and Richard Cate
Summary of properties:
Eleven duplexes (22 living units)
Five cottages (5 living units)
Four houses (4 living units)
31 Units total, 100% occupied as of January, 2026
SUNLAND RENTALS, LLC
We wish to sell in clusters of commonly located properties:
The Tennessee Cluster (4 duplexes and 1 cottage)
The Winthrop Cluster (3 duplexes and 1 cottage)
The Moose St. Cluster (2 duplexes)
The Green St. Cluster (2 duplexes)
The Alston Cluster (3 cottages)
Four Houses (4 standalone houses)
Descriptions of all clusters, with pricing, appear on following slides
SUNLAND RENTALS, LLC
The Tennessee Cluster:
4 Duplexes 2 BR 1 Bath
1 Cottage 3 BR 1.5 Bath
PROPERTY PRICE REVENUE / MONTH
812 / 814 Duplex $ 140,000 $ 1,125
818 / 820 Duplex $ 126,000 $ 1,125
822 / 824 Duplex $ 131,000 $ 1,125
826 / 828 Duplex $ 145,000 $ 1,250
816 Cottage $ 87,000 $ 700
TOTAL: $629,500 $ 5,625
Monthly Revenue times 12 = Annual Revenue of $67,500