October 19, 2020 -- InvestorsHub NewsWire -- Zacks SCR, the small-cap research arm of Zacks Investment Research, sets their target price for UC Asset (OTCQX: UCASU) at $4.50 per unit, in its most recent report published on Oct 15, 2020. 

In this report, Zack SCR highlights UCASU's recently announced business plan to revitalize clusters of distressed residential properties in neighborhoods in close proximity to major airports, renovate them into cost- efficient home offices, and market them as shared accommodation on platforms such as Airbnb. The Company refers to this as SHOC (shared home office cluster). The report states that  "UC Asset has successfully invested in individual residential properties near Atlanta s airport. The SHOC strategy is more comprehensive and its success will likely require buy-in from community stakeholders and local boards. We believe the timing is good for starting these discussions and we look forward to additional details before we add this to our forecasts." 

UCASU shares closed at $1.50 per unit on the last trading day.

Full text of the report can be accessed using the following web link:
https://s1.q4cdn.com/460208960/files/News/2020/Zacks_SCR_Research_10152020_UCASU_Senko.pdf

About UC Asset LP
UC Asset LP is a limited partnership formed for the purpose of investing in real estate for development and redevelopment, concentrating in metropolitan areas of Atlanta, GA and Dallas, TX.  For more information about UC Asset, please visit: www.ucasset.com
 
Disclaimer: 
This News Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause our actual results, performance or achievements, or industry results, to differ materially from any these statements. You are cautioned not to place undue reliance on any those forward-looking statements. Except as otherwise required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements after the date of this news release. None of such forward-looking statements should be regarded as a representation by us or any other person that the objectives and plans set forth in this News Release will be achieved or be executed.
 
For More Information Contact:
Christal Jordan | Investor Relations Director, UC Asset LP
cjordan@ucasset.com | 678-499-0297

 

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