| CREOP

Affordable Housing Asset: As a LIHTC property, Sea Green Apartments benefits from stable occupancy rates and consistent demand, offering a reliable income stream for investors. Spacious Living: With units averaging over 1,200 sq. ft., the property appeals to families and individuals seeking generous living spaces in an affordable housing context. Community Appeal: The single-family-style layout fosters a sense of community and independence among residents, distinguishing Sea Green Apartments from typical multifamily complexes.

Low Turnover, High Retention: The “home-like” setting supports a more stable tenant base compared to traditional multifamily. 1996 Construction: Built to LIHTC standards with durable design and solid construction quality. Underserved Rental Market: Port Lavaca offers limited quality affordable housing options, positioning Sea Green as a top-tier asset in its class. Strong Local Economy: Proximity to major employers including Formosa Plastics, Alcoa, and the Port of Port Lavaca supports long-term rental demand. Attractive Basis for Renovation or Repositioning The individual-home

Sea Green Apartment Homes is a uniquely positioned 110-unit affordable housing community located in the heart of Port Lavaca, Texas. Built in 1996 under the Low-Income Housing Tax Credit (LIHTC) program, the property features one of the most distinctive layouts in its class — each unit is an individual, single-story home averaging 1,236 square feet. This "cottage-style" configuration delivers a superior living experience for tenants and stands out dramatically from traditional multifamily product. It provides the privacy, space, and layout of single-family living with the affordability of rental housing, which has led to high tenant satisfaction, long-term occupancy, and historically strong performance.

Set on a spacious site surrounded by green lawns and mature landscaping, Sea Green offers tenants a tranquil residential atmosphere while remaining close to Port Lavaca’s commercial core, public schools, medical centers, and major employers. Residents benefit from large floorplans, individual yards, and drive-up parking — features that are rarely found in affordable housing but strongly desired by working families and seniors alike.

The LIHTC designation ensures long-term rental demand and limits new affordable supply entering the market, especially in smaller secondary and tertiary cities like Port Lavaca where new construction is often economically unfeasible. As a result, Sea Green maintains high occupancy and offers consistent cash flow with minimal marketing expense. The combination of stabilized operations, outsized unit sizes, and a strong rent-to-income ratio make this asset especially compelling for affordable housing investors or yield-focused buyers seeking a defensible asset in a stable coastal market.