1709-1711 St. Andrew St (16 units) + 2103-05 Baronne St (9 units) = 25 units | Report Period: June 2026 | Investor Summary
Occupancy 92%June NOI $21,182YTD NOI ~$122K
Portfolio Occupancy
92.0%
23 of 25 units occupied
St. Andrew Occupancy
93.8%
15 / 16 — one unit in turnover
2103 Baronne Occupancy
88.9%
8 / 9 units
Combined June NOI
$21,182
Second-best month of 2026
Combined YTD NOI
~$122,090
Six months through June
St. Andrew June NOI
$12,091
Revenue $18,186
Combined Portfolio — 6-Month NOI Trend (Jan–Jun 2026)
Consistent NOI in the $16–24K/month band; May and June were two of the three strongest months of 2026.
Quarter Highlights & Priorities
POSITIVE
Stable, performing portfolio: 92% occupied with steady collections, YTD NOI of ~$122K across the 25 units, and Q2 delivering two of the year's best months. Both buildings are operating routinely with no capital events.
FOCUS
Two units in turnover — one at each building. Make-ready and marketing are underway; normal summer cycle, with occupancy expected back above 95% during Q3.
June Summary by Building
Building
Units
Occupancy
June NOI (QB)
Status
1709-1711 St. Andrew St
16
93.8%
$12,091
PERFORMING
2103-05 Baronne St
9
88.9%
$9,091
PERFORMING
Combined
25
92.0%
$21,182
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Full quarterly financial detail will follow in the Q2 2026 investor report and distribution statement.