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      "text": "Desirable Amenities\nMAA Gateway (Pet Spa) | Charlotte, NC",
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      "text": "Property Repositioning Program\n5 New Projects underway\nThoughtful Upgrades to Maximize Revenue\nProgram includes upgrade of amenities, exteriors and common areas to keep pace with market demand\nCandidates evaluated on location, potential for rent growth, competition and incoming supply\nFull community repriced upon project completion\n2022 investment of $19.3M; 2023F investment of $18M\nSeven completed and fully repriced projects started in 2020 and 2021 averaged approximately 18% cash on cash return and $115/unit rent increase (above market increase)\nEight projects started in 2022 have been completed and are currently in the repricing phase",
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