Elme Communities 10-K

ITEM 2: PROPERTIES The schedule on the following pages lists our real estate investment portfolio as of December 31, 2021, which consisted of 25 properties and land held for development. Cost information is included in Schedule III to our financial statements included in this Annual Report on Form 10-K. Schedule of Properties Properties Location Year Acquired Year Constructed/Renovated # of Homes Average Occupancy, year ended December 31, 2021 Ending Occupancy, as of December 31, 2021 Residential Properties Assembly Alexandria Alexandria, VA 2019 1990 532 95.7 % 95.9 % Cascade at Landmark Alexandria, VA 2019 1988 277 95.1 % 96.8 % Clayborne Alexandria, VA N/A 2008 74 96.9 % 97.3 % Riverside Apartments Alexandria, VA 2016 1971 1,222 94.8 % 95.3 % Bennett Park Arlington, VA N/A 2007 224 96.4 % 96.4 % Park Adams Arlington, VA 1969 1959 200 95.6 % 95.5 % The Maxwell Arlington, VA N/A 2014 163 96.1 % 96.3 % The Paramount Arlington, VA 2013 1984 135 96.2 % 95.6 % The Wellington Arlington, VA 2015 1960 711 95.1 % 96.3 % Trove Arlington, VA N/A 2020 401 61.9 % 94.5 % Roosevelt Towers Falls Church, VA 1965 1964 191 96.0 % 94.8 % Assembly Dulles Herndon, VA 2019 2000 328 95.9 % 95.4 % Assembly Herndon Herndon, VA 2019 1991 283 95.1 % 95.8 % Assembly Leesburg Leesburg, VA 2019 1986 134 96.5 % 98.5 % Assembly Manassas Manassas, VA 2019 1986 408 95.6 % 95.3 % The Ashby at McLean McLean, VA 1996 1982 256 96.3 % 95.7 % 3801 Connecticut Avenue Washington, D.C. 1963 1951 307 93.7 % 97.1 % Kenmore Apartments Washington, D.C. 2008 1948 374 92.3 % 94.9 % Yale West Washington, D.C. 2014 2011 216 95.3 % 96.3 % Bethesda Hill Apartments Bethesda, MD 1997 1986 195 95.7 % 95.9 % Assembly Germantown Germantown, MD 2019 1990 218 95.6 % 96.3 % Assembly Watkins Mill Gaithersburg, MD 2019 1975 210 96.8 % 98.6 % Assembly Eagles Landing Stockbridge, GA 2021 2000 490 96.1 % 95.7 % The Oxford Conyers, GA 2021 1999 240 93.0 % 95.0 % Subtotal Residential Properties 7,789 93.4 % 95.8 % Properties Location Year Acquired Year Constructed/Renovated Net Rentable Square Feet Percent Leased, as of December 31, 2021 (1) Ending Occupancy, as of December 31, 2021 (1) Office Building Watergate 600 Washington, D.C. 2017 1972/1997 295,000 92.4 % 91.3 % ______________________________ (1) Percent leased and ending occupancy calculations are based on square feet and includes temporary lease agreements for Watergate 600. Percent leased is the percentage of net rentable area for which fully executed leases exist and may include signed leases for space not yet occupied by the tenant. 23 ITEM 3: LEGAL PROCEEDINGS None. ITEM 4: MINE SAFETY DISCLOSURES None. 24 PART II