KIRKLAND Lake Washington Boulevard Kirkland, Wa PROPERTY HIGHLIGHTS. Exceptional Location With Views From Every Unit

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1 KIRKLAND 7 50 Lake Washington Boulevard Kirkland, Wa For more information contact: Jamie Langsford Managing Broker (06) jlangsford@vreg.co PROPERTY HIGHLIGHTS Exceptional Location With Views From Every Unit Large and Spacious Units Located Across From Carillon Point Large Beautifully Landscaped Lot Walk to Downtown Kirkland Phone: Fax: Lake Bellevue Dr. Suite 30 Bellevue, WA

2 PROPERTY DESCRIPTION Venture Real Estate Group LLC, is proud to present. A well-constructed multifamily property on Kirkland s gold coast featuring lake, mountain & territorial views, overlooking Carillon Point, one of the Northwest s premier Marina, office and restaurant destinations, and including the 4-star Woodmark Hotel, which is rated one of the top hotels by Conde Nast Traveler. The existing apartment building is a stabilized 7-unit housing studio, one bedroom and two bedroom units with podium parking with 6 covered parking spots and 8 uncovered parking spots all situated within the beautifully landscaped lot. All units have been upgraded and have hardwood flooring throughout. The owner's unit has a sauna, heated marble floors, granite countertops, stainless steel appliances and cherry wood cabinets. An 8" drainage pipe has been installed around the building. Units enjoy spectacular Lake Washington, Mountain, Carrillon Point and territorial views. Kirkland 7 is in a world class location across the street from Carillon Point, bus stop right in front, enjoy a walk along Lake Washington Boulevard to downtown Kirkland. The,405 sf property can be remodeled as an apartment or condominium or redeveloped from the ground up into 8 new units (see renderings at end of marketing flyer). Page

3 KIRKLAND AREA INFORMATION Located on the shores of Lake Washington, the City of Kirkland is the 6 th largest city in King County and currently has a population of around 90,000 people. With its convenient location just north of Bellevue, WA, it has become one of the most desirable locations to live outside of Seattle. Kirkland places a strong emphasis on the sense of community and maintaining a highly desirable quality of life for its residents and visitors alike. In 04, Money Magazine ranked Kirkland as the 5th best place to live in the U.S., among many other awards. Kirkland offers the best blend of a big city with the feel of a small town that will continue to make it one of the most desired locations in the U.S. The Kirkland Waterfront is the gathering place for this amazing city. Surrounded by quality retail and numerous local restaurants, it gives the community and area to come together to shop, dine, or enjoy the natural beauty of the shoreline. The area is vibrant and buzzing with a variety of new commercial and residential developments including the largest development ever in Kirkland. Notable Kirkland Projects include Kirkland Urban (Kirklandurban.com). Prudential Global Investment Management, in partnership with Talon and its development partner Ryan Companies, is currently under construction on Kirkland Urban, one of the region s largest mixed-use developments. Upon completion of Phase in 09, Kirkland Urban will provide 400,000 sf of office space; 65,000 sf of new retail; and over 85 units of luxury apartments. The ST3 System Plan will build rail and bus projects throughout the region over the next 5 years. The ST3 System plan represents an investment of over $50 billion. It is funded by new voter-approved sales, motor vehicle excise and property taxes. Of the many projects in the ST3 System Plan, there are a few that are of particular interest to Kirkland, including: - I-405 Bus Rapid Transit This project establishes BRT from the Lynnwood Transit Center to Burien Transit Center via I-405 and SR 58. This project will utilize the I-405 Express Toll Lanes to improve travel times and increase service reliability. The project will also construct a new station at the NE 85th Street interchange with business access and transit (BAT) lanes connecting to downtown Kirkland. Project completion: South Kirkland to Issaquah Light Rail This project builds light rail between South Kirkland and Issaquah, including new stations at the South Kirkland Park and Ride, the Richards Road area, near Bellevue College in Eastgate and central Issaquah. Project completion: High Capacity Transit (HCT) Study: Bothell to Bellevue via Kirkland This will complete an environmental study that examines future high capacity transit options between Bothell and Bellevue, including routes along the Eastside Rail Corridor/Cross Kirkland Corridor and I High Capacity Transit (HCT) Study: Northern Lake Washington This study would consider options for an additional Lake Washington light rail crossing when ridership is greater than available transit capacity. Page 3

4 PROPERTY PHOTOS view from inside unit unit kitchen parking owner's unit bathroom unit livingroom unit bedroom Page 4

5 INVESTMENT DETAILS ANALYSIS Analysis Date May 08 PROPERTY Property Property Address Year Built Lake Washington Boulevard Kirkland, Wa PURCHASE INFORMATION Property Type MultiFamily Purchase Price $4,95,000 Units 7 Total Rentable Sq. Ft. 6,000 FINANCIAL INFORMATION Down Payment $,93,750 Closing Costs $6,500 LOANS Type Debt Term Amortization Rate Payment LO Costs Fixed $,36,50 30 years 30 years 5.0% $,68 $,8 INCOME & EXPENSES Gross Operating Income $35,90 Monthly GOI $,933 Total Annual Expenses ($36,737) Monthly Expenses ($3,06) Page 5

6 LOCATION MAP Page 6

7 MAPS AND AERIALS Satellite Map Page 7

8 MAPS AND AERIALS Aerial Lot View Page 8

9 DEMOGRAPHICS Population Characteristic Mile 3 Mile 5 Mile Ages ,335,446 Ages ,398 5,530 Ages ,53 4,445 Ages ,4 4,06 Ages ,95 4,68 Ages ,88 5, Ages ,5 6,790 Ages ,958 8,853 Ages ,783 0,438 Ages ,8 0,894 Ages ,63 0,056 Ages ,78 8,459 Ages ,07 6,4 Ages ,39 3,386 Ages ,457 0,9 Ages ,54 7,33 Ages ,70 4,865 Race Characteristic Mile 3 Mile 5 Mile Non Hispanic White 6,53 58,375 93,7 Population Black ,779 Population Am In/AK Nat N/A 8 68 Household Income Mile 3 Mile 5 Mile Median Household Income $06,450 $00,05 $87,604 < $0000 8,4 5,094 $0000-$4999 0,05,934 $5000-$ ,786 $0000-$ ,6 3,460 $5000-$ ,380 $30000-$ ,05 3,80 $35000-$ ,75 $40000-$ ,00 3,864 $45000-$ ,979 $50000-$ ,66 7,9 $60000-$ ,47 0,87 $75000-$ ,94 5,533 $00000-$ ,546 3,84 $5000-$ ,57 8,65 $50000-$ ,499 9,838 > $ ,346 3,7 Characteristic Housing Mile 3 Mile Housing Units 3,678 4,096 Occupied Housing Units 3,363 35,76 Owner Occupied Housing Units,008 0,44 Renter Occupied Housing Units,355 5,3 Vacant Housing Units 35 5,370 Page 9

10 GROSS INCOME VS. OPERATING EXPENSES $49,000 $44,00 $39,00 $34,300 $9,400 $4,500 $9,600 $4,700 $9,800 $4,900 Year Legend GROSS SCHEDULED INCOME Total Operating Expenses Page 0

11 OPERATING INCOME ANALYSIS $49,000 $44,00 $39,00 $34,300 $9,400 $4,500 $9,600 $4,700 $9,800 $4,900 Year Legend GROSS OPERATING INCOME NET OPERATING INCOME NET CASH FLOW (b/t) Page

12 RENT COMPARABLES S 50 Lake Washington Boulevard Kirkland, Wa Avg Rent/rsf RSF Occupancy Units Year Built Unit Type Rent Bed/ Bath Bed / Bath Studio Bed/ Bath Bed/ Bath Bed/ Bath Bed/.5 Bath $,400 $3,495 $,850 $,90 $,90 $,90 $,575 $.48 N/A 00% # Units Unit Type Rent One Bedroom One Bath $,505 Unit Type Rent One Bedroom One Bath $,995 Monterey at Lake View Drive 0 NE 68th St Kirkland, WA Avg Rent/rsf RSF Occupancy Units Year Built # Units Avalon Kirkland at Carillon Pt 5604 Lakeview Dr Kirkland, WA Avg Rent/rsf RSF Occupancy Units Year Built $.86 6,000 00% $. N/A 00% # Units

13 RENT COMPARABLES 3 Villaggio 437 Lake Washington Blvd NE Kirkland, WA Avg Rent/rsf $.58 RSF N/A Occupancy 00% Units 9 Year Built 005 # Units Unit Type Rent One Bedroom One Bath $,04 One Bedroom One Bath $,094 4 Condo on Lake Washington Lake Washington Kirkland, WA Avg Rent/rsf $.44 RSF N/A Occupancy 00% Units N/A Year Built N/A NOTES # Units Unit Type Rent One Bedroom One Bath $, Lake Washington Blvd #40 Kirkland, WA Avg Rent/rsf $3.00 RSF N/A Occupancy 00% Units N/A Year Built N/A NOTES # Units Unit Type Rent One Bedroom One Bath $,000

14 CASH FLOW ANALYSIS Description Year Year Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 0 GROSS SCHEDULED INCOME $35,90 $35,706 $36,37 $36,784 $37,347 $37,98 $38,56 $39,4 $39,776 $40,49 Total Operating Expenses ($36,737) ($36,75) ($36,768) ($36,785) ($36,80) ($36,89) ($36,837) ($36,855) ($36,874) ($36,894) NET OPERATING INCOME ($,547) ($,047) ($53) ($) $546 $,09 $,689 $,86 $,90 $3,535 Loan Payment ($5,73) ($5,73) ($5,73) ($5,73) ($5,73) ($5,73) ($5,73) ($5,73) ($5,73) ($5,73) NET CASH FLOW (b/t) ($53,70) ($53,9) ($5,704) ($5,74) ($5,67) ($5,064) ($50,484) ($49,887) ($49,7) ($48,638) Cash On Cash Return b/t -7.84% -7.8% -7.79% -7.76% -7.73% -7.70% -7.67% -7.64% -7.6% -7.58% * b/t = before taxes;a/t = after taxes Page 5

15 CASH FLOW ANALYSIS Description Year Year Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 0 GROSS SCHEDULED INCOME $4,0 $4,795 $4,509 $43,44 $44,00 $44,78 $45,585 $46,4 $47,65 $48,43 Total Operating Expenses ($36,94) ($36,935) ($36,956) ($36,979) ($37,00) ($37,05) ($37,049) ($37,074) ($37,099) ($37,5) NET OPERATING INCOME $4,88 $4,860 $5,55 $6,66 $7,000 $7,757 $8,536 $9,339 $0,66 $,07 Loan Payment ($5,73) ($5,73) ($5,73) ($5,73) ($5,73) ($5,73) ($5,73) ($5,73) ($5,73) ($5,73) NET CASH FLOW (b/t) ($47,985) ($47,33) ($46,60) ($45,907) ($45,73) ($44,46) ($43,637) ($4,834) ($4,007) ($4,56) Cash On Cash Return b/t -7.55% -7.5% -7.48% -7.44% -7.40% -7.36% -7.3% -7.8% -7.4% -7.0% * b/t = before taxes;a/t = after taxes Page 6

16 EQUITY VS. DEBT $3,00,000 $,790,000 $,480,000 $,70,000 $,860,000 $,550,000 $,40,000 $930,000 $60,000 $30,000 Year Legend Equity Loan Principal Balance Page 7

17 EXECUTIVE SUMMARY Acquisition Costs Purchase Price, Points and Closing Costs $4,33,3 Investment - Cash $,96,06 First Loan $,36,50 Investment Information Purchase Price $4,95,000 Price per Unit $63,57 Price per Sq. Ft. $75.83 Income per Unit $3,040 Expenses per Unit ($6,059) Income, Expenses & Cash Flow Gross Scheduled Income $4,80 Total Vacancy and Credits ($6,78) Operating Expenses ($35,68) Net Operating Income $8,870 Debt Service ($5,73) Cash Flow Before Taxes $9,698 Financial Indicators Cash on Cash Return Before Taxes.0% Debt Coverage Ratio.0 Capitalization Rate 4.09% Gross Rent Multiplier 9.5 Gross Income / Square Feet $37.38 Gross Expenses / Square Feet ($7.07) Operating Expense Ratio 9.45% Page 8

18 KIRKLAND 7 PROJECTIONS Property Analysis: 50 Lake Washington Blvd Kirkland Location Kirkland New Interest Rate 5.00% Price: $ 4,95, Unit Count 7 New Loan Amount $,36,50.00 Downpayment $,78, Total Monthly Pmt $,68.07 Equity 45% $ - Current CAP 3.3% Annual payment $ 5,7.84 Current GRM 3.40 Market CAP 4.3% Market GRM 9.5 Monthly Schedule Income Actual Monthly Market Actual Price Per Market Unit Type Size Rent Rent Foot PPF 0 bedroom bath 850 $,400 $,400 $.8 $.8 0 bedroom bath 350 $,900 $3,495 $.5 $ Studio 450 $,850 $,850 $ 4. $ bedroom bath 750 $,850 $,90 $.47 $ bedroom bath 850 $,050 $,90 $.4 $.69 0 bedroom bath 850 $,750 $,90 $.06 $ bedroom.5 bath 900 $,495 $,575 $.77 $.86 Monthly Scheduled Income $5,95 $7,90 Other Income: Covered Parking $ - $ $75 Utility Reimbursement $ $05 Storage $ $45 Total Yearly Income $ 83, $ 4,80.00 Annualized Operating Data Current Scheduled Gross Income $ 83, $ 4,80.00 Less Vacancy 3% $ 5,506.0 $ 6,78.40 Gross Operating Income $ 78, $ 7,55.60 Less Expenses $ 35,68.0 $ 35,68.0 Net Operating Income (NOI) $ 4,35.60 $ 8, Annual Debt Service $ 5,7.84 $ 5,7.84 Cash Flow $ 9, Debt Service Ratio.0 Annualized Operating Expenses Real Estate Taxes $ 4,33.00 Insurance $ 3,96.00 Utilities $ 7, Current Operations Management Fees $ 5,506.0 Expenses/Unit Maintenance $ 4, Expenses/Foot Expenses as % of Gross Income 9% $ - Total Expenses $ 35,68.0 Page 9 5/9/08

19 PRO FORMA SUMMARY INCOME Description Actual Per Unit Market Per Unit Gross Potential Rent $7,90 $,456 $7,90 $,456 Less: Vacancy $0 $0 $0 $0 Misc. Income $8,000 $,57 $6,000 $30,857 Effective Gross Income $35,90 $5,07 $33,90 $33,33 OPERATING EXPENSES Description Actual Per Unit Market Per Unit Property Management Fee $,056 $5 $0 $0 Building Insurance $3,96 $566 $3,96 $566 Maintenance $4,900 $700 $4,900 $700 Management Fees $5,506 $787 $5,506 $787 Taxes - Real Estate $4,33 $,045 $4,33 $,045 Utilities $7,000 $,000 $7,000 $,000 Total Expenses ($36,737) ($5,48) ($35,68) ($5,097) NET OPERATING INCOME ($,547) ($) $97,509 $8,6 Page 0

20 EXTERIOR PHOTOS Page

21 UNIT INTERIOR PHOTOS Page

22 UNIT INTERIOR PHOTOS Page 3

23 OWNER'S UNIT PHOTOS Page 4

24 MAINTENANCE PICTURES utility room with coin-op laundry existing storage units electrical meters Page 5

25 AREA PICTURES Page 6

26 VIEW FROM UNIT BALCONY Page 7

27 Lake Washington Blvd. N 3 09' 33" W 65.8' driveway entrance plantings plantings driveway below UP garbage stair path - pervious 8 SF deck 500 SF driveway - pervious 9 SF max allowed,480 SFx.5 Building 98 SF 50 Lake Washington Blvd RM 3.6,405 SF (0.8 Acres) area of height restriction any portion of a structure greater than 5' above ABE shall be no greater than 50' in length within 30' of a parcel in a low density zone Building 4694 SF landscaped for exclusion* 63 SF lot coverage - proposed " = 0'-0" 530 Lake Washington Blvd. NE PLA 5B private deck private patio private patio stairs/paths 99 SF courtyard 358 SF common court roof Entry Court courtyard 5 SF landscaped for exclusion* 604 SF S 88 5' 44" E 98.85' line of existing building to be removed Area Schedule (Gross Building) Name Sunken Courtyard Common Space Common Open Space Calcs Required open space: 00 SF x # of units 00 SF x 8 =,600 SF req'd no exceptions exceptions included Building 479 SF 479 courtyard 573 SF 573 deck 500 SF 500 driveway - pervious 9 SF 455 calc'ed at 50% landscaped for 767 SF 0 exclusion* stair path - pervious 8 SF 59 calc'ed at 50% stairs/paths 99 SF SF 7308 max allowed lot coverage: 60% of,405 SF = 7,443 SF landscaped for exclustion* = min. 4" wide & 40 SF over subterranean structure. Planning office will determine based on site-specific info that areas will provide cleansing and percolation similar to existing site conditions S 08' 6" W 65.00' NOTE: This is a preliminary study. All information contained in these documents should be verified with the City of Kirkland as well as all applicable code requirements Lakeview Drive, Suite 00 Drawn by : No: Revision Date: Description: Kirkland, Washington HRR 387 (45) registered Sheet Issue Date : architect 50 Lake Washington Blvd Vassos M. Demetriou Washington A 03/09/07 Kirkland, WA Purpose : D E M E T R I O U PRELIMINARY r c h i t e c t s PLLC Copyright C 07 Demetriou Architects All rights reserved plantings plantings 0/07 8:0: AM ramp to level site schematic /8" = '-0" 0 NE 5nd Street RS.5 ramp down N 88 5' 44" W 93.97' WORK IN PROGRESS NOT FOR CONSTRUCTION Sheet Title : preliminary site plan - 8 units 50.0 Sheet : PD.0 drawing scale: As indicated

28 0' - 0" DN elev E Stair UP DN 38' - 0" 6' - 0" 0' - 0" setback driveway Parking 638 SF UP 5' - 0" UP garbage ramp to level Equip. 003 ' - 6" setback 5' - 0" Mech. 00 9' - 6" plantings compact 0 compact 5' - 0" 8 ( bed) units x.6/unit = 3 parking stalls pathway plantings Elev E Stair S 8' - 6" Mech. 00 7' - 6" setback 0' - 0" ramp above 7' - 6" ' - 6" 39' - 5/8" 38' - 0" 6' - 0" D 5555 Lakeview Drive, Suite 00 Drawn by : No: Revision Date: Description: Kirkland, Washington HRR 387 (45) registered Sheet Issue Date : architect 03/09/7 Purpose : E M E T R I O U Vassos M. Demetriou PRELIMINARY Washington A r c h i t e c t s PLLC Copyright C 07 Demetriou Architects All rights reserved 50 Lake Washington Blvd Sheet Title : drawing scale: /8" = '-0" NOTE: This is a preliminary study. All information contained in these documents should be verified with the City of Kirkland as well as all applicable code requirements. Kirkland, WA preliminary plans - 8 units 5' - 0" 50' - 0" 0' - 0" 30' - 0" 0' - 0 /3" 30' - 0" 5' - 0" 0' - 0" 34' - 0" 0' - 0" 0' - 0" 55' - 0" 7' - 0" 6' - 0" 0' - 0" 5' - 0" line of garage below living room bedroom view egress driveway below Unit 0 0 SF Unit 0 64 SF common patio 4' - /" 8" 3' - /" living room view unit 0 private patio unit 0 private patio level EL: 80'-6" access Common Area 358 SF Lobby 00 S storage backfill line of garage below 0' - 0" setback plantings plantings accessable access ramp 0' - 0" 55' - 0" 7' - 0" 6' - 0" Sheet : WORK IN PROGRESS NOT FOR CONSTRUCTION e Calcs e: 00 SF x # of units,00 SF req'd 0/07 7:55:33 AM Level /8" = '-0" L0 - P parking /8" = '-0" 50.0 PD.0

29 0' - 0" 0' - 0" living room living room view open to view courtyard below deck Unit 03 Unit SF 76 SF deck Unit 04 0' - 0" 0' - 0" 5' - 0" deck open to deck courtyard Unit 307 unit 307 below private deck living room 07 SF view Elev. DN E Stair S 0' - 0" 47' - 0" (50'-0" max wall segment) 5' - 0" min dim break 04' - 6" 0' - 0" 55' - 0" 7' - 0" 3' - 6" 9' - 6" bridge roof below Lobby 0 common open space garden 64 SF living room view DN Stair Elev. open to S courtyard E below UP 0' - 0 /3" setback 0' - 0" 30' - 0" 04' - 6" 0' - 0" 55' - 0" 7' - 0" 3' - 6" 9' - 6" living room living room view view Unit 308 Unit 306 open to courtyard 94 SF 38 SF below bridge open to courtyard below Lobby ' - 0" Sheet Title : D Drawn by : No: Revision Date: Description: 5555 Lakeview Drive, Suite 00 Kirkland, Washington HRR 387 (45) registered Sheet Issue Date : architect 03/09/7 Purpose : E M E T R I O U Vassos M. Demetriou PRELIMINARY Washington A r c h i t e c t s PLLC Copyright C 07 Demetriou Architects All rights reserved 50 Lake Washington Blvd drawing scale: /8" = '-0" NOTE: This is a preliminary study. All information contained in these documents should be verified with the City of Kirkland as well as all applicable code requirements. Kirkland, WA preliminary plans - 8 units Sheet : WORK IN PROGRESS NOT FOR CONSTRUCTION 0/07 7:55:40 AM Level 3 /8" = '-0" Level /8" = '-0" 50.0 PD.

30 t/parapet ' - 9" t/plate 08' - 9" Level 89' - " Level 78' - 6" L0 - P parking 69' - 0" L0 - P parking 69' - 0" 9' - 6" 0' - 7" 0' - 7" 9' - " 3' - 0" Max. Height ' - 0" 5' Height Limit 0' - 0" Average Building Elevation 87' - 0" Level 3 99' - 8" Unit 03 Unit 0 5' - 0" 5' - 0" setback line property line Unit 306 Parking private courtyard common courtyard Unit 308 Common Space Unit 05 Common Area storage backfill Level 3 99' - 8" t/parapet ' - 9" t/plate 08' - 9" Level 89' - " Level 78' - 6" L0 - P parking 69' - 0" property line setback line 9' - 6" 0' - 7" 0' - 7" 9' - " 3' - 0" D 5555 Lakeview Drive, Suite 00 Drawn by : No: Revision Date: Description: Kirkland, Washington HRR 387 (45) registered Sheet Issue Date : architect 03/09/7 Purpose : E M E T R I O U Vassos M. Demetriou PRELIMINARY Washington A r c h i t e c t s PLLC Copyright C 07 Demetriou Architects All rights reserved 50 Lake Washington Blvd Sheet Title : drawing scale: /8" = '-0" NOTE: This is a preliminary study. All information contained in these documents should be verified with the City of Kirkland as well as all applicable code requirements. Kirkland, WA preliminary sections - 8 units Max. Height ' - 0" 5' Height Limit 0' - 0" Average Building Elevation 87' - 0" ramp garbage Unit 307 Unit 04 Unit 0 Parking private courtyard common courtyard Elev. E Stair S Common Space backfill Sheet : WORK IN PROGRESS NOT FOR CONSTRUCTION 0/07 7:55:45 AM E/W Section - north /8" = '-0" E/W Section - south /8" = '-0" 50.0 PD 3.0

31 Sheet Title : D 5555 Lakeview Drive, Suite 00 Drawn by : No: Revision Date: Description: Kirkland, Washington HRR 387 (45) registered Sheet Issue Date : architect 03/09/7 Purpose : E M E T R I O U Vassos M. Demetriou PRELIMINARY Washington A r c h i t e c t s PLLC Copyright C 07 Demetriou Architects All rights reserved 50 Lake Washington Blvd drawing scale: NOTE: This is a preliminary study. All information contained in these documents should be verified with the City of Kirkland as well as all applicable code requirements. Kirkland, WA D perspectives - 8 units Sheet : WORK IN PROGRESS NOT FOR CONSTRUCTION 0/07 7:56:0 AM 3 3D view from northwest 3D view from southwest 50.0 PD 4.0

32 Lake Washington Blvd. N 3 09' 33" W 65.8' driveway entrance 0' - 0" plantings plantings driveway below garbage area driveway - pervious 04 SF area of existing building area of height restriction any portion of a structure greater than 5' above ABE shall be no greater than 50' in length within 30' of a parcel in a low density zone deck 63 SF stair path - pervious Building 74 SF 06 SF lot coverage - proposed " = 0'-0" 530 Lake Washington Blvd. NE PLA 5B plantings over parking 50 Lake Washington Blvd RM 3.6,405 SF (0.8 Acres) private deck landscaped for exclusion* 79 SF private patio Building 4033 SF stairs/paths 067 SF roof Entry Court courtyard 30 SF private patio courtyard 600 SF landscaped for exclusion* 34 SF S 88 5' 44" 98.85' E landscaped for exclusion* 455 SF Sunken Courtyard Common Space Common Open Space Calcs Required open space: 00 SF x # of units 00 SF x 6 =,00 SF req'd required green roof over amenities Area Schedule (Gross Building) Name no exceptions exceptions included Building 439 SF 439 courtyard 90 SF 90 deck 63 SF 63 driveway - pervious 04 SF 50 calculated at 50% landscaped for 768 SF 0 exclusion* stair path - pervious 74 SF 36 calculated at 50% stairs/paths 067 SF SF 7404 max allowed lot coverage: 60% of,405 SF = 7,443 SF landscaped for exclustion* = min. 4" wide & 40 SF over subterranean structure. Planning office will determine based on site-specific info that areas will provide cleansing and percolation similar to existing site conditions up to 0% max pervious area can be discounted maximum exclusion: 0% of,405 =,40 SF pervious area is counted at 50%; pervious area allowed x 40 SF =,480 SF S 08' 6" W 65.00' NOTE: This is a preliminary study. All information contained in these documents should be verified with the City of Kirkland as well as all applicable code requirements Lakeview Drive, Suite 00 Drawn by : No: Revision Date: Description: Kirkland, Washington HRR 387 (45) registered Sheet Issue Date : architect 50 Lake Washington Blvd Vassos M. Demetriou Washington A 03/09/07 Kirkland, WA Purpose : D E M E T R I O U PRELIMINARY r c h i t e c t s PLLC Copyright C 07 Demetriou Architects All rights reserved ramp to level plantings 0/07 8:53: AM site schematic /8" = '-0" 0 NE 5nd Street RS.5 ramp down N 88 5' 44" W 93.97' plantings WORK IN PROGRESS NOT FOR CONSTRUCTION Sheet Title : preliminary site plan - 6 unit option 50.0 Sheet : PD.0 drawing scale: As indicated

33 0' - 0" DN elev E Stair UP ' - 6" 36' - 0" Parking 546 SF UP setback 0' - 0" setback 5' - 0" driveway 7' - 6" 46' - 5 5/8" ' - 6" 36' - 0" 0' - 0" setback 30' - 0" ramp to level 4' - 0" ramp above 6 ( bed) units x.6/unit = 0 parking stalls Elev E Equip. 003 Stair S 0 Mech. 00 8' - 6" 5' - 0" 7' - 6" 55' - 0" ' - 6" 9' - 6" plantings UP plantings pathway trash backfill compact compact backfill 0' - 0 /3" D 5555 Lakeview Drive, Suite 00 Drawn by : No: Revision Date: Description: Kirkland, Washington HRR 387 (45) registered Sheet Issue Date : architect 03/09/7 Purpose : E M E T R I O U Vassos M. Demetriou PRELIMINARY Washington A r c h i t e c t s PLLC Copyright C 07 Demetriou Architects All rights reserved 50 Lake Washington Blvd Sheet Title : drawing scale: /8" = '-0" NOTE: This is a preliminary study. All information contained in these documents should be verified with the City of Kirkland as well as all applicable code requirements. Kirkland, WA preliminary plans - 6 unit option 5' - 0" 50' - 0" 0' - 0" 30' - 0" 5' - 0" 5' - 0" 0' - 0" 7' - 6" 0' - 0" 5' - 6" 70' - 0" 6' - 0" unit 0 exterior backfill over backfill living room private patio garage view driveway below Unit 0 79 SF Unit SF Lobby 00 access 5' - 6" 9' - 0" 0' - 0" setback 4' - /" 8" 3' - /" living room view unit 0 private patio level EL: 78'-6" S Amenities 03 line of amenities room above plantings plantings accessable access ramp underground parking below 0' - 0" 0' - 0" Sheet : WORK IN PROGRESS NOT FOR CONSTRUCTION 0/07 8:53:3 AM Level /8" = '-0" L0 - P parking /8" = '-0" 50.0 PD.0

34 5' - 0" 0' - 0" 0' - 0" 0' - 0" 70' - 0" 5' - 0" 0' - 0" deck below deck living room view Unit 03 open to private patio below common open space garden 66 SF 0' - 0" Lobby roof 0 deck Unit 04 4 SF living room storage view DN Elev. open to open to E Stair private patio courtyard S UP below below plantings 0' - 0" 0' - 0" 50' - 0" 0' - 0" setback deck Unit 305 open to 66 SF courtyard below open to deck Unit 306 courtyard below 096 SF unit 306 private living room deck view 50'-0" max wall segment 5' - 0" min break 0' - 0" 5' - 6" 9' - 0" 56' - 0" 0' - 0" 0' - 0" 30' - 0" 0' - 0" 70' - 0" 5' - 0" living room view storage storage Lobby 300 amenties with green roof on top Elev. DN E Stair S 30' - 0" Sheet Title : D 5555 Lakeview Drive, Suite 00 Drawn by : No: Revision Date: Description: Kirkland, Washington HRR 387 (45) registered Sheet Issue Date : architect 03/09/7 Purpose : E M E T R I O U Vassos M. Demetriou PRELIMINARY Washington A r c h i t e c t s PLLC Copyright C 07 Demetriou Architects All rights reserved 50 Lake Washington Blvd drawing scale: /8" = '-0" NOTE: This is a preliminary study. All information contained in these documents should be verified with the City of Kirkland as well as all applicable code requirements. Kirkland, WA preliminary plans - 6 unit option planting below 0' - 0" 46' - 6" 5' - 0" 30' - 0" 0' - 6" 6' - 0" Sheet : NOT FOR CONSTRUCTION WORK IN PROGRESS 0/07 8:53:39 AM Level 3 /8" = '-0" Level /8" = '-0" 50.0 PD.

35 t/parapet ' - 9" t/plate 08' - 9" Level 89' - " Level 78' - 6" L0 - P parking 69' - 0" L0 - P parking 69' - 0" 9' - 6" 0' - 7" 0' - 7" 9' - " 3' - 0" Max. Height ' - 0" 5' Height Limit 0' - 0" Average Building Elevation 87' - 0" Level 3 99' - 8" Unit 03 Unit 0 5' - 0" 5' - 0" setback line property line Unit 305 Parking unit 0 private patio common space backfill property line setback line 3' - 0" Max. Height ' - 0" 5' Height Limit 0' - 0" Average Building Elevation 87' - 0" driveway L0 - P parking 69' - 0" Unit 306 Unit 04 Unit 0 Parking private courtyard Elev. E Stair S storage 0 t/parapet ' - 9" t/plate 08' - 9" Level 3 99' - 8" Level 89' - " Level 78' - 6" L0 - P parking 69' - 0" 5' - 0" 5' - 0" 9' - " 9' - 6" Sheet Title : 0' - 7" 0' - 7" 9' - " 3' - 3" D 5555 Lakeview Drive, Suite 00 Drawn by : No: Revision Date: Description: Kirkland, Washington HRR 387 (45) registered Sheet Issue Date : architect 03/09/7 Purpose : E M E T R I O U Vassos M. Demetriou PRELIMINARY Washington A r c h i t e c t s PLLC Copyright C 07 Demetriou Architects All rights reserved 50 Lake Washington Blvd drawing scale: /8" = '-0" NOTE: This is a preliminary study. All information contained in these documents should be verified with the City of Kirkland as well as all applicable code requirements. Kirkland, WA preliminary sections - 6 unit option backfill Sheet : WORK IN PROGRESS NOT FOR CONSTRUCTION 0/07 8:54:0 AM E/W Section - north /8" = '-0" E/W Section - south /8" = '-0" 50.0 PD 3.0

36 Sheet Title : D 5555 Lakeview Drive, Suite 00 Drawn by : No: Revision Date: Description: Kirkland, Washington HRR 387 (45) registered Sheet Issue Date : architect 03/09/7 Purpose : E M E T R I O U Vassos M. Demetriou PRELIMINARY Washington A r c h i t e c t s PLLC Copyright C 07 Demetriou Architects All rights reserved 50 Lake Washington Blvd drawing scale: NOTE: This is a preliminary study. All information contained in these documents should be verified with the City of Kirkland as well as all applicable code requirements. Kirkland, WA D perspectives - 6 unit option Sheet : WORK IN PROGRESS NOT FOR CONSTRUCTION 0/07 8:54:4 AM 3D from northwest 3D from southwest 50.0 PD 4.0