MID AMERICA APARTMENT COMMUNITIES INC

For the period ended Dec 31, 2024. Filed Feb 7, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 7, 2025

MAA$118.86-0.5%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Schedule III – Real Estate and Accumulated Depreciation as of

Schedule III— Real Estate and Accumulated Depreciation

December 31, 2024

Initial Cost · Costs Capitalized Subsequentto Acquisition · Gross Amount carried as ofDecember 31, 2024
Property · Location · Encumbrances · Land · Buildingsand Fixtures · Land · Buildingsand Fixtures · Land · Buildingsand Fixtures · Total (3) · AccumulatedDepreciation (4) · Net · Date ofConstruction · DateAcquired
Birchall at Ross Bridge	Birmingham, AL	$—		$2,641	$28,842	$—	$5,327	$2,641	$34,169	36,810	$(15,453)	$21,357	2009	2011
Colonial Grand at Riverchase Trails	Birmingham, AL	—		3,762	22,079	—	7,676	3,762	29,755	33,517	(14,581)	18,936	2010	2013
MAA Trussville	Birmingham, AL	—		3,403	31,813	—	8,142	3,403	39,955	43,358	(17,690)	25,668	1996/97	2013
MAA Eagle Ridge	Birmingham, AL	—		852	7,667	—	6,252	852	13,919	14,771	(10,681)	4,090	1986	1998
Colonial Grand at Traditions	Gulf Shores, AL	—		3,212	25,162	—	8,956	3,212	34,118	37,330	(15,585)	21,745	2007	2013
MAA Edgewater	Huntsville, AL	—		4,944	38,673	—	11,961	4,944	50,634	55,578	(21,027)	34,551	1990	2013
MAA Providence Main	Huntsville, AL	—		1,740	10,152	—	21,457	1,740	31,609	33,349	(19,898)	13,451	1993	1997
MAA Madison Lakes	Madison, AL	—		3,602	28,934	—	5,764	3,602	34,698	38,300	(15,579)	22,721	2000	2013
Cypress Village	Orange Beach, AL	—		1,290	12,238	—	3,920	1,290	16,158	17,448	(7,100)	10,348	2008	2013
MAA Liberty Park	Vestavia Hills, AL	—		3,922	30,977	—	10,438	3,922	41,415	45,337	(18,835)	26,502	2000	2013
MAA Sky View	Gilbert, AZ	—		2,668	14,577	—	4,565	2,668	19,142	21,810	(9,841)	11,969	2007	2009
MAA City Gate	Mesa, AZ	—		4,219	26,255	—	5,972	4,219	32,227	36,446	(14,190)	22,256	2002	2013
MAA Lyon's Gate	Phoenix, AZ	—		7,901	27,182	—	7,106	7,901	34,288	42,189	(17,899)	24,290	2007	2008
MAA Fountainhead	Phoenix, AZ	—	(1)	12,212	56,705	—	4,744	12,212	61,449	73,661	(15,904)	57,757	2015	2016
MAA Foothills	Phoenix, AZ	—		12,741	47,701	—	7,891	12,741	55,592	68,333	(33,356)	34,977	2005	2006
MAA Phoenix Midtown	Phoenix, AZ	—		9,001	—	—	74,692	9,001	74,692	83,693	(14,293)	69,400	2021	2019
MAA Central Ave	Phoenix, AZ	—		11,323	90,350	—	2,219	11,323	92,569	103,892	(3,834)	100,058	2022	2023
Novel Val Vista	Phoenix, AZ	—		7,285	—	—	71,425	7,285	71,425	78,710	(2,330)	76,380	2020	2020
MAA Old Town Scottsdale	Scottsdale, AZ	—		7,820	51,627	—	14,011	7,820	65,638	73,458	(26,927)	46,531	1994/95	2013
MAA Camelback	Scottsdale, AZ	—		3,612	20,273	—	7,591	3,612	27,864	31,476	(11,458)	20,018	1999	2013
MAA SkySong	Scottsdale, AZ	—		—	55,748	—	6,454	—	62,202	62,202	(16,338)	45,864	2014	2015
MAA River North	Denver, CO	—		14,500	28,900	—	42,424	14,500	71,324	85,824	(17,145)	68,679	2018	2016
MAA Promenade	Denver, CO	—		24,111	81,317	—	24,062	24,111	105,379	129,490	(21,984)	107,506	2017/19	2018
MAA Westglenn	Denver, CO	—		8,077	—	—	74,720	8,077	74,720	82,797	(13,697)	69,100	2021	2018
MAA Tiffany Oaks	Altamonte Springs, FL	—		1,024	9,219	—	10,321	1,024	19,540	20,564	(13,510)	7,054	1985	1996
MAA Lakewood Ranch	Bradenton, FL	—		2,980	40,230	—	13,440	2,980	53,670	56,650	(21,636)	35,014	1999	2013
MAA Indigo Point	Brandon, FL	—		1,167	10,500	—	7,904	1,167	18,404	19,571	(12,278)	7,293	1989	2000
MAA Brandon	Brandon, FL	—		2,896	26,111	—	11,626	2,896	37,737	40,633	(27,895)	12,738	1998	1997
MAA Coral Springs	Coral Springs, FL	—		9,600	40,004	—	21,971	9,600	61,975	71,575	(36,970)	34,605	1996	2004
MAA Steeplegate	Gainesville, FL	—		1,800	15,879	—	7,340	1,800	23,219	25,019	(14,351)	10,668	1999	1998
MAA Magnolia Parke	Gainesville, FL	—		2,040	16,338	—	2,430	2,040	18,768	20,808	(8,700)	12,108	2009	2011
MAA Heathrow	Heathrow, FL	—		4,101	35,684	—	6,895	4,101	42,579	46,680	(19,727)	26,953	1997	2013
MAA 220 Riverside	Jacksonville, FL	—		2,381	35,514	—	10,041	2,381	45,555	47,936	(11,390)	36,546	2015	2012
MAA Town Center	Jacksonville, FL	—		4,000	19,495	—	5,140	4,000	24,635	28,635	(11,214)	17,421	2008	2011
MAA Mandarin North	Jacksonville, FL	—		854	7,500	—	5,908	854	13,408	14,262	(10,673)	3,589	1987	1995
MAA Deerwood	Jacksonville, FL	—		1,533	13,835	—	8,208	1,533	22,043	23,576	(16,738)	6,838	1987	1997
Lakeside	Jacksonville, FL	—		1,430	12,883	—	11,930	1,430	24,813	26,243	(19,464)	6,779	1985	1996
MAA Fleming Island	Jacksonville, FL	—		4,047	35,052	—	8,043	4,047	43,095	47,142	(28,660)	18,482	2003	2003
MAA Belmont	Jacksonville, FL	—		1,411	14,967	—	5,773	1,411	20,740	22,151	(12,872)	9,279	1998	1998
MAA Mandarin Lakes	Jacksonville, FL	—		2,857	6,475	—	24,518	2,857	30,993	33,850	(16,906)	16,944	1987/ 2008	1995
MAA Tapestry Park	Jacksonville, FL	—		6,417	36,069	—	4,910	6,417	40,979	47,396	(18,202)	29,194	2009	2011
MAA Atlantic	Jacksonville, FL	—		1,678	15,179	—	12,547	1,678	27,726	29,404	(21,575)	7,829	1986	1997
MAA Lake Mary	Lake Mary, FL	—	(2)	6,346	41,539	—	27,707	6,346	69,246	75,592	(26,202)	49,390	2012	2013
MAA Town Park	Lake Mary, FL	—		9,223	66,873	—	12,621	9,223	79,494	88,717	(37,349)	51,368	2004/2005	2013
MAA Heather Glen	Orlando, FL	—		4,662	56,988	—	10,564	4,662	67,552	72,214	(29,964)	42,250	2000	2013
MAA Randal Lakes	Orlando, FL	—		8,859	50,553	—	53,475	8,859	104,028	112,887	(25,991)	86,896	2014/17	2013
MAA Robinson	Orlando, FL	—		6,003	—	—	91,766	6,003	91,766	97,769	(16,567)	81,202	2021	2018
MAA Baldwin Park	Orlando, FL	—		18,101	144,200	—	8,502	18,101	152,702	170,803	(49,270)	121,533	2011	2016
MAA Crosswater	Orlando, FL	—		7,046	52,585	—	4,189	7,046	56,774	63,820	(16,668)	47,152	2013	2016
MAA Parkside	Orlando, FL	—		5,669	49,754	—	11,834	5,669	61,588	67,257	(19,372)	47,885	1999	2016
MAA Lake Nona	Orlando, FL	—		7,880	41,175	—	8,992	7,880	50,167	58,047	(21,885)	36,162	2006	2012
Sand Lake	Orlando, FL	—		7,635	—	—	56,561	7,635	56,561	64,196	(10,974)	53,222	2021	2019
MAA Boggy Creek	Orlando, FL	—		10,879	72,838	—	137	10,879	72,975	83,854	(909)	82,945	2023	2024
MAA Palm Harbor	Palm Harbor, FL	—		6,900	26,613	—	6,669	6,900	33,282	40,182	(18,005)	22,177	2000	2009
Club at Panama Beach	Panama City, FL	—		893	14,276	—	7,590	893	21,866	22,759	(13,778)	8,981	2000	1998
MAA Twin Lakes	Sanford, FL	—		3,091	47,793	—	9,381	3,091	57,174	60,265	(24,848)	35,417	2005	2013
MAA Oak Grove	Tallahassee, FL	—		1,480	4,805	—	16,360	1,480	21,165	22,645	(16,842)	5,803	1992	1997
MAA Southwood	Tallahassee, FL	—		3,600	25,914	—	3,992	3,600	29,906	33,506	(10,863)	22,643	2003	2011
MAA Belmere	Tampa, FL	—		852	7,667	—	11,445	852	19,112	19,964	(13,323)	6,641	1984	1994
MAA Hampton Preserve	Tampa, FL	—		17,029	131,398	—	8,321	17,029	139,719	156,748	(37,762)	118,986	2012, 2021	2013, 2022
MAA Carrollwood	Tampa, FL	—		927	7,355	—	9,421	927	16,776	17,703	(11,883)	5,820	1980	1998
MAA Bay View	Tampa, FL	—		4,541	28,381	—	3,529	4,541	31,910	36,451	(10,202)	26,249	1997	2016
MAA Harbour Island	Tampa, FL	—		16,296	116,193	—	21,265	16,296	137,458	153,754	(45,979)	107,775	1997	2016
MAA Hyde Park	Tampa, FL	—		16,891	95,259	—	14,724	16,891	109,983	126,874	(35,874)	91,000	1994	2016
MAA Rocky Point	Tampa, FL	—		35,260	153,102	—	26,248	35,260	179,350	214,610	(58,193)	156,417	1994-1996	2016
MAA SoHo Square	Tampa, FL	—	(1)	5,190	56,296	—	2,543	5,190	58,839	64,029	(16,700)	47,329	2012	2016
MAA Tampa Oaks	Tampa, FL	—		2,891	19,055	—	5,625	2,891	24,680	27,571	(12,748)	14,823	2005	2008

Initial Cost · Costs Capitalized Subsequentto Acquisition · Gross Amount carried as ofDecember 31, 2024
Property · Location · Encumbrances · Land · Buildingsand Fixtures · Land · Buildingsand Fixtures · Land · Buildingsand Fixtures · Total (3) · AccumulatedDepreciation (4) · Net · Date ofConstruction · DateAcquired
MAA Seven Oaks	Wesley Chapel, FL	—		3,051	42,768	—	7,038	3,051	49,806	52,857	(21,236)	31,621	2004	2013
MAA Windermere	Windermere, FL	—	(1)	2,711	36,710	—	4,380	2,711	41,090	43,801	(17,541)	26,260	2009	2013
MAA Briarcliff	Atlanta, GA	—		24,614	114,921	—	12,766	24,614	127,687	152,301	(39,694)	112,607	1996	2016
MAA Brookhaven	Atlanta, GA	—		29,048	106,463	—	16,182	29,048	122,645	151,693	(40,719)	110,974	1989-1992	2016
MAA Brookwood	Atlanta, GA	—	(2)	11,168	52,758	—	8,868	11,168	61,626	72,794	(26,301)	46,493	2008	2012
MAA Buckhead	Atlanta, GA	—		8,633	19,844	—	12,226	8,633	32,070	40,703	(14,687)	26,016	2002	2012
MAA Centennial Park	Atlanta, GA	—		13,650	10,950	—	63,831	13,650	74,781	88,431	(15,184)	73,247	2018	2016
MAA Chastain	Atlanta, GA	—		30,223	82,964	—	6,624	30,223	89,588	119,811	(28,378)	91,433	1990	2016
MAA Dunwoody	Atlanta, GA	—		15,799	48,054	—	8,547	15,799	56,601	72,400	(18,374)	54,026	1995	2016
MAA Gardens	Atlanta, GA	—		17,907	56,093	—	14,457	17,907	70,550	88,457	(22,939)	65,518	1996	2016
MAA Glen	Atlanta, GA	—		13,878	51,079	—	9,403	13,878	60,482	74,360	(19,619)	54,741	1996	2016
MAA Lenox	Atlanta, GA	—		23,876	165,572	—	7,598	23,876	173,170	197,046	(58,165)	138,881	2006/15	2016
MAA Midtown	Atlanta, GA	—		7,000	44,000	—	42,230	7,000	86,230	93,230	(17,514)	75,716	2017	2016
MAA Oglethorpe	Atlanta, GA	—		6,856	31,441	—	8,976	6,856	40,417	47,273	(21,270)	26,003	1994	2008
MAA Peachtree Hills	Atlanta, GA	—		11,974	55,264	—	3,025	11,974	58,289	70,263	(17,688)	52,575	1992-1994/2009	2016
MAA Piedmont Park	Atlanta, GA	—		11,025	34,277	—	6,959	11,025	41,236	52,261	(12,422)	39,839	1999	2016
MAA Riverside	Atlanta, GA	—		23,765	89,369	—	14,869	23,765	104,238	128,003	(36,830)	91,173	1996	2016
MAA Spring	Atlanta, GA	—		18,596	57,819	—	10,999	18,596	68,818	87,414	(23,389)	64,025	1999	2016
MAA Stratford	Atlanta, GA	—		—	30,051	—	7,828	—	37,879	37,879	(13,489)	24,390	1999	2016
Novel West Midtown	Atlanta, GA	—		7,000	—	—	84,409	7,000	84,409	91,409	(6,783)	84,626	2021	2021
MAA Berkeley Lake	Duluth, GA	—		1,960	15,707	—	4,230	1,960	19,937	21,897	(10,244)	11,653	1998	2013
MAA McDaniel Farm	Duluth, GA	—		3,985	32,206	—	8,199	3,985	40,405	44,390	(20,339)	24,051	1997	2013
MAA Pleasant Hill	Duluth, GA	—		6,753	32,202	—	9,967	6,753	42,169	48,922	(20,566)	28,356	1996	2013
MAA Prescott	Duluth, GA	—		3,840	24,011	—	9,699	3,840	33,710	37,550	(21,107)	16,443	2001	2004
MAA River Oaks	Duluth, GA	—		4,349	13,579	—	6,129	4,349	19,708	24,057	(11,248)	12,809	1992	2013
MAA River Place	Duluth, GA	—		2,059	19,158	—	7,238	2,059	26,396	28,455	(12,412)	16,043	1994	2013
MAA Mount Vernon	Dunwoody, GA	—		6,861	23,748	—	5,798	6,861	29,546	36,407	(13,239)	23,168	1997	2013
MAA Lake Lanier	Gainesville, GA	—		6,710	40,994	—	15,590	6,710	56,584	63,294	(35,190)	28,104	1998/ 2001	2005
MAA Shiloh	Kennesaw, GA	—		4,864	45,893	—	10,887	4,864	56,780	61,644	(26,378)	35,266	2002	2013
MAA Milstead	LaGrange, GA	—		3,100	29,240	—	5,720	3,100	34,960	38,060	(14,344)	23,716	1998	2008
MAA Barrett Creek	Marietta, GA	—		5,661	26,186	—	6,120	5,661	32,306	37,967	(16,220)	21,747	1999	2013
MAA Benton	Pooler, GA	—		3,550	66,347	—	10,617	3,550	76,964	80,514	(34,358)	46,156	2001/08	2013
MAA Avala	Savannah, GA	—		1,500	24,862	—	4,031	1,500	28,893	30,393	(13,198)	17,195	2009	2011
MAA Hammocks	Savannah, GA	—		2,441	36,863	—	10,118	2,441	46,981	49,422	(20,970)	28,452	1997	2013
MAA Huntington	Savannah, GA	—		2,521	8,223	—	3,740	2,521	11,963	14,484	(5,562)	8,922	1986	2013
MAA Georgetown Grove	Savannah, GA	—		1,288	11,579	—	5,243	1,288	16,822	18,110	(13,408)	4,702	1997	1998
MAA Wilmington Island	Savannah, GA	—		2,864	25,315	—	7,886	2,864	33,201	36,065	(19,880)	16,185	1999	2006
MAA West Village	Smyrna, GA	—		14,410	73,733	—	14,090	14,410	87,823	102,233	(31,912)	70,321	2006/12	2014
MAA Prairie Trace	Overland Park, KS	—		3,500	40,614	—	4,475	3,500	45,089	48,589	(11,491)	37,098	2015	2015
MAA Pinnacle	Lexington, KY	—		2,024	31,525	—	9,317	2,024	40,842	42,866	(25,555)	17,311	2000	1998
MAA Lakepointe	Lexington, KY	—		411	3,699	—	3,458	411	7,157	7,568	(5,799)	1,769	1986	1994
MAA Mansion	Lexington, KY	—		694	6,242	—	5,719	694	11,961	12,655	(9,432)	3,223	1989	1994
MAA Village	Lexington, KY	—		900	8,097	—	6,807	900	14,904	15,804	(11,938)	3,866	1989	1994
MAA Westport	Louisville, KY	—		1,169	10,518	—	14,139	1,169	24,657	25,826	(18,532)	7,294	1985	1994
Market Station	Kansas City, MO	—		5,814	46,241	—	7,430	5,814	53,671	59,485	(21,909)	37,576	2010	2012
Denton	Kansas City, MO	—		5,520	50,939	—	31,390	5,520	82,329	87,849	(20,000)	67,849	2013/14/17	2015
MAA Beaver Creek	Apex, NC	—		7,491	34,863	—	4,880	7,491	39,743	47,234	(17,433)	29,801	2007	2013
MAA Hermitage	Cary, NC	—		896	8,099	—	6,657	896	14,756	15,652	(11,613)	4,039	1988	1997
MAA 900 Waterford	Cary, NC	—		4,000	20,250	—	7,581	4,000	27,831	31,831	(16,727)	15,104	1996	2005
MAA 1225	Charlotte, NC	—		9,612	22,342	—	37,138	9,612	59,480	69,092	(20,699)	48,393	2010	2010
MAA Ayrsley	Charlotte, NC	—		2,481	52,119	—	21,885	2,481	74,004	76,485	(29,990)	46,495	2008	2013
MAA Ballantyne	Charlotte, NC	—		16,216	44,817	—	7,203	16,216	52,020	68,236	(16,771)	51,465	2004	2016
MAA Beverly Crest	Charlotte, NC	—		3,161	24,004	—	8,949	3,161	32,953	36,114	(13,367)	22,747	1996	2013
MAA Chancellor Park	Charlotte, NC	—		5,311	28,016	—	9,299	5,311	37,315	42,626	(16,200)	26,426	1999	2013
MAA City Grand	Charlotte, NC	—		1,620	17,499	—	3,168	1,620	20,667	22,287	(8,643)	13,644	2005	2013
MAA Enclave	Charlotte, NC	—		1,461	18,984	—	3,840	1,461	22,824	24,285	(9,138)	15,147	2008	2013
MAA Gateway	Charlotte, NC	—		17,528	57,444	—	18,786	17,528	76,230	93,758	(24,251)	69,507	2000	2016
MAA Legacy Park	Charlotte, NC	—		2,891	28,272	—	6,294	2,891	34,566	37,457	(15,311)	22,146	2001	2013
MAA LoSo	Charlotte, NC	—		14,600	108,076	—	17,905	14,600	125,981	140,581	(8,371)	132,210	2021	2022
MAA Prosperity Creek	Charlotte, NC	—		4,591	27,713	—	4,546	4,591	32,259	36,850	(14,823)	22,027	2005	2013
MAA Reserve	Charlotte, NC	—		4,628	44,282	—	15,481	4,628	59,763	64,391	(16,714)	47,677	2013	2013
MAA South Line	Charlotte, NC	—		18,835	58,795	—	8,577	18,835	67,372	86,207	(19,807)	66,400	2009	2016
MAA South Park	Charlotte, NC	—		20,869	65,517	—	13,428	20,869	78,945	99,814	(25,528)	74,286	1996	2016
MAA University Lake	Charlotte, NC	—		3,250	31,389	—	7,939	3,250	39,328	42,578	(18,166)	24,412	1998	2013
MAA Uptown	Charlotte, NC	—		10,888	30,078	—	11,118	10,888	41,196	52,084	(12,372)	39,712	2000	2016
MAA Optimist Park	Charlotte, NC	—		10,574	95,346	—	1,088	10,574	96,434	107,008	(4,122)	102,886	2023	2023
MAA Cornelius	Cornelius, NC	—		4,571	29,151	—	4,418	4,571	33,569	38,140	(15,399)	22,741	2009	2013
MAA Patterson	Durham, NC	—		2,590	27,126	—	5,931	2,590	33,057	35,647	(14,648)	20,999	1997	2013
MAA Research Park	Durham, NC	—		4,201	37,682	—	8,008	4,201	45,690	49,891	(20,501)	29,390	2002	2013
MAA Duke Forest	Durham, NC	—		3,271	15,609	—	4,461	3,271	20,070	23,341	(9,908)	13,433	1985	2013
MAA Huntersville	Huntersville, NC	—		4,251	31,948	—	5,960	4,251	37,908	42,159	(17,539)	24,620	2008	2013
MAA Fifty-One	Matthews, NC	—		3,071	21,830	—	8,533	3,071	30,363	33,434	(14,966)	18,468	2008	2013
MAA Matthews Commons	Matthews, NC	—		3,690	28,536	—	4,607	3,690	33,143	36,833	(14,715)	22,118	2008	2013

Initial Cost · Costs Capitalized Subsequentto Acquisition · Gross Amount carried as ofDecember 31, 2024
Property · Location · Encumbrances · Land · Buildingsand Fixtures · Land · Buildingsand Fixtures · Land · Buildingsand Fixtures · Total (3) · AccumulatedDepreciation (4) · Net · Date ofConstruction · DateAcquired
MAA Arringdon	Morrisville, NC	—		6,401	31,134	—	8,110	6,401	39,244	45,645	(17,163)	28,482	2003	2013
MAA Brierdale	Raleigh, NC	—		7,372	50,202	—	5,082	7,372	55,284	62,656	(24,485)	38,171	2010	2013
MAA Brier Falls	Raleigh, NC	—		6,572	48,910	—	5,047	6,572	53,957	60,529	(23,253)	37,276	2008	2013
MAA Crabtree	Raleigh, NC	—		2,241	18,434	—	5,248	2,241	23,682	25,923	(9,929)	15,994	1997	2013
MAA Trinity	Raleigh, NC	—		5,232	45,138	—	8,715	5,232	53,853	59,085	(24,556)	34,529	2000/02	2013
MAA Hue	Raleigh, NC	—		3,690	29,910	—	5,481	3,690	35,391	39,081	(13,043)	26,038	2009	2010
MAA Wade Park	Raleigh, NC	—		19,434	98,288	—	30,983	19,434	129,271	148,705	(43,025)	105,680	2011/17/19	2016
MAA Preserve	Raleigh, NC	—		5,831	21,980	—	29,352	5,831	51,332	57,163	(27,977)	29,186	2004	2006
MAA Providence	Raleigh, NC	—		4,695	29,007	—	3,921	4,695	32,928	37,623	(18,070)	19,553	2007	2008
MAA Vale	Raleigh, NC	—		8,422	72,220	—	611	8,422	72,831	81,253	(1,884)	79,369	2023	2024
Colonial Grand at Desert Vista	North Las Vegas, NV	—		4,091	29,826	—	3,980	4,091	33,806	37,897	(15,364)	22,533	2009	2013
Colonial Grand at Palm Vista	North Las Vegas, NV	—		4,909	25,643	—	7,350	4,909	32,993	37,902	(15,557)	22,345	2007	2013
MAA Tanglewood	Anderson, SC	—		427	3,853	—	5,073	427	8,926	9,353	(6,374)	2,979	1980	1994
MAA 1201 Midtown	Charleston, SC	—		18,679	63,759	—	19,692	18,679	83,451	102,130	(18,876)	83,254	2015/18	2016
MAA Cypress Cove	Charleston, SC	—		3,610	28,645	—	7,862	3,610	36,507	40,117	(15,426)	24,691	2001	2013
MAA Hampton Pointe	Charleston, SC	—		3,971	22,790	—	12,855	3,971	35,645	39,616	(15,334)	24,282	1986	2013
MAA Westchase	Charleston, SC	—		4,571	20,091	—	8,533	4,571	28,624	33,195	(13,492)	19,703	1985	2013
MAA James Island	Charleston, SC	—		920	24,097	—	9,008	920	33,105	34,025	(14,590)	19,435	1987	2013
MAA Rivers Walk	Charleston, SC	—		8,831	39,430	—	4,201	8,831	43,631	52,462	(12,051)	40,411	2013/16	2013
Paddock Club Columbia	Columbia, SC	—		1,840	16,560	—	8,553	1,840	25,113	26,953	(19,631)	7,322	1991	1997
Fairways	Columbia, SC	—		910	8,207	—	3,693	910	11,900	12,810	(10,586)	2,224	1992	1994
MAA Crowfield	Goose Creek, SC	—		1,321	14,163	—	6,403	1,321	20,566	21,887	(9,755)	12,132	1985	2013
MAA Highland Ridge	Greenville, SC	—		482	4,337	—	4,013	482	8,350	8,832	(6,285)	2,547	1984	1995
MAA Howell Commons	Greenville, SC	—		1,304	11,740	—	7,120	1,304	18,860	20,164	(14,543)	5,621	1987	1997
MAA Innovation	Greenville, SC	—		4,437	52,026	—	3,734	4,437	55,760	60,197	(15,800)	44,397	2015	2016
MAA Paddock Club	Greenville, SC	—		1,200	10,800	—	4,725	1,200	15,525	16,725	(12,244)	4,481	1996	1997
MAA Haywood	Greenville, SC	—		360	2,925	—	6,667	360	9,592	9,952	(7,215)	2,737	1983	1993
MAA Spring Creek	Greenville, SC	—		583	5,374	—	5,012	583	10,386	10,969	(7,757)	3,212	1985	1995
MAA Greene	Greenville, SC	—		5,427	66,546	—	3,936	5,427	70,482	75,909	(10,250)	65,659	2019	2019
MAA Runaway Bay	Mt. Pleasant, SC	—		1,096	7,269	—	12,199	1,096	19,468	20,564	(12,863)	7,701	1988	1995
MAA Commerce Park	North Charleston, SC	—		2,780	33,966	—	7,136	2,780	41,102	43,882	(18,118)	25,764	2008	2013
MAA Point Place	Simpsonville, SC	—		1,216	18,666	—	3,590	1,216	22,256	23,472	(10,931)	12,541	2008	2010
MAA Park Place	Spartanburg, SC	—		723	6,504	—	3,702	723	10,206	10,929	(8,162)	2,767	1987	1997
MAA Waters Edge	Summerville, SC	—		2,103	9,187	—	7,427	2,103	16,614	18,717	(8,273)	10,444	1985	2013
MAA Farm Springs	Summerville, SC	—		2,800	26,295	—	4,436	2,800	30,731	33,531	(17,745)	15,786	2007	2007
MAA Hamilton	Chattanooga, TN	—		1,131	10,632	—	9,730	1,131	20,362	21,493	(11,697)	9,796	1989	1992
MAA Heritage Park	Chattanooga, TN	—		972	8,954	—	9,187	972	18,141	19,113	(10,507)	8,606	1987	1988
MAA Cloverdale	Chattanooga, TN	—		217	1,957	—	6,018	217	7,975	8,192	(5,057)	3,135	1986	1991
MAA Windridge	Chattanooga, TN	—		817	7,416	—	6,362	817	13,778	14,595	(10,446)	4,149	1984	1997
MAA Kirby Station	Memphis, TN	—		1,148	10,337	—	12,630	1,148	22,967	24,115	(18,104)	6,011	1978	1994
MAA Southwind	Memphis, TN	—		1,498	20,483	—	21,213	1,498	41,696	43,194	(33,467)	9,727	1992	1994
MAA Park Estate	Memphis, TN	—		178	1,141	—	4,338	178	5,479	5,657	(4,190)	1,467	1974	1977
MAA Dexter Lake	Memphis, TN	—		3,407	16,043	—	53,194	3,407	69,237	72,644	(40,020)	32,624	2000	1998
MAA Murfreesboro	Murfreesboro, TN	—		915	14,774	—	6,062	915	20,836	21,751	(13,052)	8,699	1999	1998
MAA Acklen	Nashville, TN	—		12,761	58,906	—	3,755	12,761	62,661	75,422	(16,003)	59,419	2015	2017
MAA Indian Lake	Nashville, TN	—		4,950	28,053	—	4,123	4,950	32,176	37,126	(14,623)	22,503	2010	2011
MAA Kennesaw Farms	Nashville, TN	—		3,456	22,443	—	6,257	3,456	28,700	32,156	(13,834)	18,322	2008	2010
MAA Brentwood	Nashville, TN	—		1,191	10,739	—	11,794	1,191	22,533	23,724	(16,929)	6,795	1986	1994
MAA Charlotte Ave	Nashville, TN	—		7,898	54,480	—	3,586	7,898	58,066	65,964	(13,062)	52,902	2016	2017
MAA Bellevue	Nashville, TN	—		17,193	64,196	—	10,735	17,193	74,931	92,124	(28,260)	63,864	1996/ 2015	2013
MAA Nashville West	Nashville, TN	—		2,963	33,673	—	13,601	2,963	47,274	50,237	(27,904)	22,333	2001	1998
MAA Monthaven Park	Nashville, TN	—		2,736	28,902	—	9,033	2,736	37,935	40,671	(25,405)	15,266	2000	2004
MAA Park	Nashville, TN	—		1,524	14,800	—	10,757	1,524	25,557	27,081	(20,918)	6,163	1987	1995
MAA Cool Springs	Nashville, TN	—		6,670	—	—	55,666	6,670	55,666	62,336	(18,360)	43,976	2012	2010
MAA Sam Ridley	Nashville, TN	—		3,350	28,308	—	6,984	3,350	35,292	38,642	(17,130)	21,512	2009	2010
MAA Balcones Woods	Austin, TX	—		1,598	14,398	—	14,701	1,598	29,099	30,697	(19,488)	11,209	1983	1997
MAA Canyon Creek	Austin, TX	—		3,621	32,137	—	4,877	3,621	37,014	40,635	(16,491)	24,144	2008	2013
MAA Canyon Pointe	Austin, TX	—		3,778	20,201	—	5,501	3,778	25,702	29,480	(12,200)	17,280	2003	2013
MAA Double Creek	Austin, TX	—		3,131	29,375	—	3,375	3,131	32,750	35,881	(14,734)	21,147	2013	2013
MAA Onion Creek	Austin, TX	—		4,902	33,010	—	5,378	4,902	38,388	43,290	(17,693)	25,597	2009	2013
MAA Wells Branch	Austin, TX	—	(1)	3,722	32,283	—	4,973	3,722	37,256	40,978	(16,156)	24,822	2008	2013
MAA Quarry Oaks	Austin, TX	—		4,621	34,461	—	16,062	4,621	50,523	55,144	(20,517)	34,627	1996	2013
MAA Sunset Valley	Austin, TX	—		3,150	11,393	—	7,336	3,150	18,729	21,879	(11,160)	10,719	1996	2004
MAA Western Oaks	Austin, TX	—	(2)	9,100	49,339	—	6,434	9,100	55,773	64,873	(24,208)	40,665	2001	2009
MAA Barton Creek	Austin, TX	—		8,683	21,497	—	5,804	8,683	27,301	35,984	(9,008)	26,976	1998	2016
MAA Park Mesa	Austin, TX	—		4,653	19,828	—	3,312	4,653	23,140	27,793	(7,242)	20,551	1992	2016
MAA South Lamar	Austin, TX	—		20,542	74,093	—	31,288	20,542	105,381	125,923	(30,678)	95,245	2011/17	2016
MAA West Austin	Austin, TX	—	(1)	7,805	48,843	—	6,892	7,805	55,735	63,540	(20,429)	43,111	2009	2016
MAA Brushy Creek	Austin, TX	—		2,900	24,009	—	7,629	2,900	31,638	34,538	(19,151)	15,387	2003	2006
MAA East Austin	Austin, TX	—		2,281	6,169	—	17,259	2,281	23,428	25,709	(12,951)	12,758	1987	1995
MAA Barton Skyway	Austin, TX	—		1,405	12,769	—	14,024	1,405	26,793	28,198	(16,543)	11,655	1977	1997
MAA Windmill Hill	Austin, TX	—		5,006	—	—	54,931	5,006	54,931	59,937	(7,604)	52,333	2022	2020
MAA Shoal Creek	Bedford, TX	—		4,982	27,377	—	10,173	4,982	37,550	42,532	(16,526)	26,006	1996	2013

Initial Cost · Costs Capitalized Subsequentto Acquisition · Gross Amount carried as ofDecember 31, 2024
Property · Location · Encumbrances · Land · Buildingsand Fixtures · Land · Buildingsand Fixtures · Land · Buildingsand Fixtures · Total (3) · AccumulatedDepreciation (4) · Net · Date ofConstruction · DateAcquired
MAA Willow Creek	Bedford, TX	—		3,109	33,488	—	14,038	3,109	47,526	50,635	(21,560)	29,075	1996	2013
MAA Hebron	Carrollton, TX	—		4,231	42,237	—	4,166	4,231	46,403	50,634	(19,470)	31,164	2011	2013
MAA Cedar Park	Cedar Park, TX	—		7,232	56,640	—	9,375	7,232	66,015	73,247	(28,949)	44,298	2005	2013
MAA Grand Cypress	Cypress, TX	—		3,881	24,267	—	6,159	3,881	30,426	34,307	(10,864)	23,443	2008	2013
MAA Medical District	Dallas, TX	—		4,050	33,779	—	6,302	4,050	40,081	44,131	(16,095)	28,036	2007	2013
MAA Highlands North	Dallas, TX	—		988	8,893	—	6,995	988	15,888	16,876	(11,286)	5,590	1986	1998
MAA Grand Courtyards	Dallas, TX	—		2,730	22,240	—	9,037	2,730	31,277	34,007	(17,980)	16,027	2000	2006
MAA Lowes Farm	Dallas, TX	—		5,016	41,091	—	6,120	5,016	47,211	52,227	(20,923)	31,304	2008	2011
MAA Frisco Bridges	Dallas, TX	—		14,845	66,571	—	67,555	14,845	134,126	148,971	(43,480)	105,491	2009/13/21	2013
MAA McKinney Avenue	Dallas, TX	—		34,765	40,127	—	15,771	34,765	55,898	90,663	(18,862)	71,801	1993/96	2016
MAA Worthington	Dallas, TX	—		13,713	43,268	—	13,443	13,713	56,711	70,424	(17,501)	52,923	1993/2008	2016
MAA Abbey	Dallas, TX	—		2,711	4,369	—	1,469	2,711	5,838	8,549	(1,851)	6,698	1996	2016
MAA Addison Circle	Dallas, TX	—		12,308	189,419	—	36,723	12,308	226,142	238,450	(72,484)	165,966	1998-2000	2016
MAA North Hall	Dallas, TX	—		13,030	14,383	—	6,777	13,030	21,160	34,190	(7,365)	26,825	1998	2016
MAA Eastside	Dallas, TX	—		7,134	58,095	—	7,129	7,134	65,224	72,358	(22,195)	50,163	2008	2016
MAA Gallery	Dallas, TX	—		4,391	7,910	—	3,920	4,391	11,830	16,221	(3,961)	12,260	1999	2016
MAA Heights	Dallas, TX	—		26,245	37,922	—	9,510	26,245	47,432	73,677	(15,170)	58,507	1998-1999/2009	2016
MAA Katy Trail	Dallas, TX	—		10,333	32,456	—	3,735	10,333	36,191	46,524	(10,826)	35,698	2010	2016
MAA Legacy	Dallas, TX	—	(1)	6,575	55,277	—	12,645	6,575	67,922	74,497	(20,518)	53,979	2000	2016
MAA Meridian	Dallas, TX	—		8,780	13,654	—	2,403	8,780	16,057	24,837	(5,346)	19,491	1991	2016
MAA Uptown Village	Dallas, TX	—		34,974	33,213	—	13,796	34,974	47,009	81,983	(16,180)	65,803	1995-2000	2016
MAA Watermark	Dallas, TX	—		960	14,438	—	5,632	960	20,070	21,030	(12,445)	8,585	2002	2004
MAA Cathedral Arts	Dallas, TX	—		13,511	91,568	—	65	13,511	91,633	105,144	(811)	104,333	2024	2024
MAA Bear Creek	Euless, TX	—		6,453	30,048	—	9,706	6,453	39,754	46,207	(18,092)	28,115	1998	2013
MAA Fairview	Fairview, TX	—		2,171	35,077	—	3,862	2,171	38,939	41,110	(15,934)	25,176	2012	2013
MAA Starwood	Frisco, TX	—		3,240	26,069	—	4,420	3,240	30,489	33,729	(14,640)	19,089	2009	2010
MAA Grapevine	Grapevine, TX	—		2,351	29,757	—	11,770	2,351	41,527	43,878	(17,838)	26,040	1985/1986	2013
MAA Greenwood Forest	Houston, TX	—		3,465	23,482	—	5,676	3,465	29,158	32,623	(11,160)	21,463	1994	2013
MAA Legacy Pines	Houston, TX	—		2,142	19,066	—	6,976	2,142	26,042	28,184	(17,263)	10,921	1999	2003
MAA Energy Park	Houston, TX	—		2,061	15,830	—	6,925	2,061	22,755	24,816	(12,492)	12,324	1996	2007
MAA 510	Houston, TX	—		7,226	33,366	—	3,602	7,226	36,968	44,194	(12,165)	32,029	2014	2016
MAA Afton Oaks	Houston, TX	—		11,503	65,469	—	6,426	11,503	71,895	83,398	(24,671)	58,727	2017	2016
MAA Midtown Square	Houston, TX	—		19,038	89,570	—	13,575	19,038	103,145	122,183	(33,806)	88,377	1999/2013	2016
MAA Ranchstone	Houston, TX	—		1,480	14,807	—	6,278	1,480	21,085	22,565	(11,596)	10,969	1996	2007
MAA Woodwind	Houston, TX	—		1,968	19,928	—	9,593	1,968	29,521	31,489	(16,110)	15,379	1999	2006
MAA Vintage Park	Houston, TX	—	(1)	8,211	40,352	—	5,423	8,211	45,775	53,986	(12,279)	41,707	2014	2014
MAA Greater Heights	Houston, TX	—	(2)	13,107	62,764	—	6,209	13,107	68,973	82,080	(16,359)	65,721	2015	2016
MAA Park Point	Houston, TX	—		9,031	—	—	46,558	9,031	46,558	55,589	(8,169)	47,420	2021	2018
MAA Fall Creek	Humble, TX	—		5,985	40,011	—	9,380	5,985	49,391	55,376	(26,311)	29,065	2007	2007
MAA Bella Casita	Irving, TX	—		2,521	26,432	—	7,688	2,521	34,120	36,641	(15,421)	21,220	2007	2010
MAA Valley Ranch	Irving, TX	—		5,072	37,397	—	17,777	5,072	55,174	60,246	(26,071)	34,175	1997	2013
MAA Las Colinas	Irving, TX	—	(2)	3,902	40,691	—	6,158	3,902	46,849	50,751	(18,829)	31,922	2006	2013
MAA Remington Hills	Irving, TX	—		4,390	21,822	—	20,653	4,390	42,475	46,865	(17,775)	29,090	1984	2013
MAA Times Square	McKinney, TX	—		1,130	28,058	—	8,285	1,130	36,343	37,473	(17,581)	19,892	2009	2010
MAA Stonebridge Ranch	McKinney, TX	—		4,034	19,528	—	6,872	4,034	26,400	30,434	(9,533)	20,901	2000	2013
MAA Market Center	Plano, TX	—		16,894	110,705	—	10,200	16,894	120,905	137,799	(31,851)	105,948	2013/15	2014
MAA Highwood	Plano, TX	—		864	7,783	—	5,459	864	13,242	14,106	(9,724)	4,382	1983	1998
MAA Los Rios	Plano, TX	—		3,273	28,823	—	11,049	3,273	39,872	43,145	(26,330)	16,815	2000	2003
MAA Boulder Ridge	Roanoke, TX	—		3,382	26,930	—	12,055	3,382	38,985	42,367	(22,973)	19,394	1999	2005
MAA Copper Ridge	Roanoke, TX	—		4,166	—	—	50,133	4,166	50,133	54,299	(16,588)	37,711	2009/20	2008
MAA Ashton Oaks	Round Rock, TX	—		5,511	36,241	—	5,623	5,511	41,864	47,375	(18,497)	28,878	2009	2013
MAA Round Rock	Round Rock, TX	—		4,691	45,379	—	6,136	4,691	51,515	56,206	(22,249)	33,957	1997	2013
MAA Sierra Vista	Round Rock, TX	—		2,561	16,488	—	6,997	2,561	23,485	26,046	(10,935)	15,111	1999	2013
MAA Alamo Ranch	San Antonio, TX	—		2,380	26,982	—	5,389	2,380	32,371	34,751	(15,416)	19,335	2009	2011
MAA Bulverde	San Antonio, TX	—		4,257	36,759	—	3,882	4,257	40,641	44,898	(11,326)	33,572	2014	2014
MAA Haven at Blanco	San Antonio, TX	—		5,411	45,958	—	6,904	5,411	52,862	58,273	(22,626)	35,647	2010	2012
MAA Westover Hills	San Antonio, TX	—		4,000	24,992	—	5,467	4,000	30,459	34,459	(15,538)	18,921	2009	2009
MAA Cypresswood	Spring, TX	—		576	5,190	—	8,241	576	13,431	14,007	(8,153)	5,854	1984	1994
MAA Kirkwood	Stafford, TX	—		1,918	15,846	—	7,443	1,918	23,289	25,207	(13,697)	11,510	1996	2004
MAA Valleywood	Woodlands, TX	—		539	4,850	—	9,649	539	14,499	15,038	(7,911)	7,127	1984	1994
Novel Daybreak	Salt Lake City, UT	—		7,025	—	—	88,069	7,025	88,069	95,094	(5,623)	89,471	2021	2021
MAA Stonefield	Charlottesville, VA	—		11,044	36,689	—	3,143	11,044	39,832	50,876	(11,398)	39,478	2013	2014
MAA Adalay Bay	Chesapeake, VA	—		5,280	31,341	—	5,321	5,280	36,662	41,942	(16,460)	25,482	2002	2012
MAA Cobblestone Square	Fredericksburg, VA	—		10,990	48,696	—	5,589	10,990	54,285	65,275	(17,810)	47,465	2012	2016
Colonial Village at Greenbrier	Fredericksburg, VA	—		4,842	21,677	—	7,407	4,842	29,084	33,926	(11,547)	22,379	1980	2013
MAA Seasons	Fredericksburg, VA	—		14,490	32,083	—	44,717	14,490	76,800	91,290	(27,686)	63,604	2011	2011
MAA Cosners Corner	Fredericksburg, VA	—		12,825	51,078	—	4,847	12,825	55,925	68,750	(15,984)	52,766	2013/16	2013
MAA Glen Allen	Glen Allen, VA	—		4,851	21,678	—	5,524	4,851	27,202	32,053	(12,264)	19,789	1986	2013
MAA West End	Glen Allen, VA	—		4,661	18,908	—	4,529	4,661	23,437	28,098	(10,374)	17,724	1987	2013
MAA Township	Hampton, VA	—		1,509	8,189	—	16,753	1,509	24,942	26,451	(14,122)	12,329	1987	1995
MAA Pavilion Place	Midlothian, VA	—		6,733	29,221	—	8,125	6,733	37,346	44,079	(16,866)	27,213	1989	2013
MAA Radius	Newport News, VA	—		5,040	36,481	—	11,114	5,040	47,595	52,635	(13,124)	39,511	2012	2015
MAA Chase Gayton	Richmond, VA	—		6,021	29,004	—	7,042	6,021	36,046	42,067	(15,779)	26,288	1984	2013

Initial Cost · Costs Capitalized Subsequentto Acquisition · Gross Amount carried as ofDecember 31, 2024
Property · Location · Encumbrances · Land · Buildingsand Fixtures · Land · Buildingsand Fixtures · Land · Buildingsand Fixtures · Total (3) · AccumulatedDepreciation (4) · Net · Date ofConstruction · DateAcquired
MAA Hunton Park	Richmond, VA	—		4,930	35,598	—	11,645	4,930	47,243	52,173	(20,196)	31,977	2003	2011
MAA West Creek	Richmond, VA	—		10,112	36,136	—	16,917	10,112	53,053	63,165	(13,387)	49,778	2015/17	2015
MAA Carlyle Square	Washington D.C.	—		29,728	154,309	—	7,407	29,728	161,716	191,444	(49,652)	141,792	2006/2013	2016
MAA Centreville	Washington D.C.	—		7,664	70,012	—	7,993	7,664	78,005	85,669	(23,331)	62,338	1996	2016
MAA Fallsgrove	Washington D.C.	—		17,524	58,896	—	8,276	17,524	67,172	84,696	(21,193)	63,503	2003	2016
MAA National Landing	Washington D.C.	—		30,452	125,091	—	19,559	30,452	144,650	175,102	(46,342)	128,760	2001	2016
MAA Tysons Corner	Washington D.C.	—		30,776	82,021	—	14,904	30,776	96,925	127,701	(29,597)	98,104	1990	2016
Total Residential Properties		—		1,943,517	10,296,827	—	3,585,616	1,943,517	13,882,443	15,825,960	(5,254,832)	10,571,128
MAA 220 Riverside Retail	Jacksonville, FL	—		119	2,902	—	1,080	119	3,982	4,101	(793)	3,308	2015	2019
MAA Parkside Retail	Orlando, FL	—		742	11,924	—	1,802	742	13,726	14,468	(4,177)	10,291	1999	2016
MAA Robinson Retail	Orlando, FL	—		—	563	—	251	—	814	814	(75)	739	2021	2018
MAA Harbour Island Retail	Tampa, FL	—		386	4,315	—	442	386	4,757	5,143	(1,389)	3,754	1997	2016
MAA Rocky Point Retail	Tampa, FL	—		34	51	—	451	34	502	536	(351)	185	1994-1996	2016
MAA SoHo Square Retail	Tampa, FL	—	(1)	268	4,033	—	69	268	4,102	4,370	(1,762)	2,608	2012	2016
MAA Buckhead Retail	Atlanta, GA	—		867	3,465	—	1,052	867	4,517	5,384	(1,762)	3,622	2012	2012
MAA Piedmont Park Retail	Atlanta, GA	—		426	1,089	—	45	426	1,134	1,560	(347)	1,213	1999	2016
MAA Riverside Office	Atlanta, GA	—		9,680	22,108	—	16,302	9,680	38,410	48,090	(12,624)	35,466	1996	2016
MAA Riverside Retail	Atlanta, GA	—		889	2,340	—	2,855	889	5,195	6,084	(1,603)	4,481	1996	2016
Post Training Facility	Atlanta, GA	—		1,092	968	—	243	1,092	1,211	2,303	(647)	1,656	1999	2016
MAA West Village Retail	Smyrna, GA	—		3,408	8,446	—	2,360	3,408	10,806	14,214	(3,665)	10,549	2012	2014
MAA Denton Pointe Retail	Kansas City, MO	—		700	4,439	—	1,700	700	6,139	6,839	(1,677)	5,162	2014	2015
MAA 1225 Retail	Charlotte, NC	—		52	199	—	267	52	466	518	(227)	291	2010	2010
MAA Gateway Retail	Charlotte, NC	—		318	1,430	—	104	318	1,534	1,852	(474)	1,378	2000	2016
MAA South Line Retail	Charlotte, NC	—		470	1,289	—	317	470	1,606	2,076	(486)	1,590	2009	2016
MAA Uptown Retail	Charlotte, NC	—		319	1,144	—	26	319	1,170	1,489	(356)	1,133	1998	2016
MAA Leasing Center	Charlotte, NC	—		1,290	1,488	—	542	1,290	2,030	3,320	(541)	2,779	1998	2016
MAA Hue Retail	Raleigh, NC	—		—	2,129	—	144	—	2,273	2,273	(495)	1,778	2010	2018
MAA Wade Park Retail	Raleigh, NC	—		317	4,552	—	217	317	4,769	5,086	(1,888)	3,198	2011	2016
MAA South Lamar Retail	Austin, TX	—		421	3,072	—	768	421	3,840	4,261	(1,108)	3,153	2011	2016
MAA Frisco Bridges Retail	Dallas, TX	—		779	6,593	—	804	779	7,397	8,176	(2,471)	5,705	2009	2016
MAA McKinney Avenue Retail	Dallas, TX	—		1,581	5,982	—	513	1,581	6,495	8,076	(1,933)	6,143	1996	2016
MAA Worthington Retail	Dallas, TX	—		108	495	—	422	108	917	1,025	(309)	716	1993/2008	2016
MAA Addison Circle Office	Dallas, TX	—		1,395	4,280	—	3,193	1,395	7,473	8,868	(2,312)	6,556	1998-2000	2016
MAA Addison Circle Retail	Dallas, TX	—		448	21,386	—	3,915	448	25,301	25,749	(8,069)	17,680	1998-2000	2016
MAA North Hall Retail	Dallas, TX	—		347	716	—	141	347	857	1,204	(309)	895	1998	2016
MAA Eastside Retail	Dallas, TX	—		682	10,645	—	1,016	682	11,661	12,343	(3,480)	8,863	2008	2016
MAA Heights Retail	Dallas, TX	—		1,065	3,314	—	995	1,065	4,309	5,374	(1,273)	4,101	1997	2016
MAA Katy Trail Retail	Dallas, TX	—		465	4,883	—	241	465	5,124	5,589	(1,455)	4,134	2010	2016
MAA Legacy Retail	Dallas, TX	—	(1)	150	3,334	—	582	150	3,916	4,066	(1,139)	2,927	2000	2016
MAA Midtown Square Retail	Houston, TX	—		1,322	16,005	—	993	1,322	16,998	18,320	(5,078)	13,242	1999/2013	2016
Rise Condo Devel LP Retail	Houston, TX	—		—	2,280	—	68	—	2,348	2,348	(719)	1,629	1999/2013	2016
MAA Bella Casita Retail	Irving, TX	—		46	186	—	221	46	407	453	(189)	264	2007	2010
MAA Times Square Retail	McKinney, TX	—		253	1,310	—	6,483	253	7,793	8,046	(2,089)	5,957	2009	2010
MAA Carlyle Square Retail	Washington D.C.	—		1,048	7,930	—	360	1,048	8,290	9,338	(2,472)	6,866	2006/2016	2016
Total Retail / Commercial Properties		—		31,487	171,285	—	50,984	31,487	222,269	253,756	(69,744)	184,012
MAA Milepost 35	Denver, CO	—		22,280	—	—	116,396	22,280	116,396	138,676	(2,219)	136,457	N/A	2022
MAA Nixie	Raleigh, NC	—		15,328	—	—	119,005	15,328	119,005	134,333	(261)	134,072	N/A	2022
MAA Breakwater	Tampa, FL	—		23,514	—	—	133,040	23,514	133,040	156,554	—	156,554	N/A	2022
Modera Liberty Row	Charlotte, NC	—		14,579	60,473	—	25,440	14,579	85,913	100,492	—	100,492	N/A	2024
MAA Plaza Midwood	Charlotte, NC	—		9,778	—	—	19,328	9,778	19,328	29,106	—	29,106	N/A	2022
Modera Chandler	Phoenix, AZ	—		10,935	—	—	23,134	10,935	23,134	34,069	—	34,069	N/A	2024
MAA Porter	Richmond, VA	—		11,504	—	—	4,490	11,504	4,490	15,994	—	15,994	N/A	2024
Total Active Development Properties		—		107,918	60,473	—	440,833	107,918	501,306	609,224	(2,480)	606,744
Total Properties		—		2,082,922	10,528,585	—	4,077,433	2,082,922	14,606,018	16,688,940	(5,327,056)	11,361,884
Total Land Held for Future Developments		—		73,359	—	—	—	73,359	—	73,359	—	73,359	N/A	Various
Total Properties in Predevelopment		—		16,738	—	—	19,090	16,738	19,090	35,828	(93)	35,735	N/A	Various
Corporate Properties		—		—	42,947	(2,748)	(36,974)	(2,748)	5,973	3,225	(435)	2,790	Various	Various
Total Other		—		90,097	42,947	(2,748)	(17,884)	87,349	25,063	112,412	(528)	111,884
Total Real Estate Assets, net of Real Estate Joint Venture		$—		$2,173,019	$10,571,532	$(2,748)	$4,059,549	$2,170,271	$14,631,081	$16,801,352	$(5,327,584)	$11,473,768

(1)

Encumbered by a $191.3 million secured property mortgage, with a fixed interest rate of 4.43%, which matures on February 10, 2049.

(2)

Encumbered by a $172.0 million secured property mortgage, with a fixed interest rate of 4.44%, which matures on January 10, 2049.

(3)

The aggregate cost for federal income tax purposes was approximately $13.2 billion(unaudited) as of December 31, 2024. The aggregate cost for book purposes exceeds the total gross amount of real estate assets for federal income tax purposes, principally due to purchase accounting adjustments recorded under accounting principles generally accepted in the United States of America.

(4)

Depreciation is recognized on a straight-line basis over the estimated useful asset life, which ranges from five to 40 years for land improvements and buildings, three tofive years for furniture, fixtures and equipment and approximately six months for the fair market value of in-place residential leases.

Schedule III— Real Estate and Accumulated Depreciation

The following table summarizes the Company’s changes in real estate investments and accumulated depreciation for the years ended December 31, 2024, 2023 and 2022 (dollars in thousands):

	2024	2023	2022
Real estate investments:
Balance at beginning of year	$16,006,618	$15,246,658	$14,704,237
Acquisitions (1)	377,144	223,735	272,342
Less: fair market value of leases included in acquisitions	(2,371)	(2,050)	(1,505)
Improvement and development	581,050	546,237	469,661
Assets held for sale	(39,724)	—	—
Disposition of real estate assets (2)	(121,365)	(7,962)	(198,077)
Balance at end of year	$16,801,352	$16,006,618	$15,246,658
Accumulated depreciation:
Balance at beginning of year	$4,864,690	$4,302,747	$3,848,161
Depreciation	581,539	562,760	540,708
Assets held for sale	(30,218)	—	—
Disposition of real estate assets (2)	(88,427)	(817)	(86,122)
Balance at end of year	$5,327,584	$4,864,690	$4,302,747

(1)

Includes non-cash activity related to acquisitions.

(2)

Includes assets sold, casualty losses and removal of certain fully depreciated assets.

See accompanying reports of independent registered public accounting firm.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.