Miramar Industrial Property 1901 SW 100th Ter Miramar, Fl 33025

Miramar Industrial Property Great multitenant warehouse Above market actual capitalization rate 9.22% 100% occupied with 4 tenants Actual gross annual income is $51,000 Verizon tower and one of the bays are excluded from the sale Sponsored By: JOHN DEMARCO, ACP 9546788733 JohnDeMarco@Remax.net Each office is independently owned and operated. RE/MAX 5 STAR REALTY 4151 Hollywood Blvd Hollywood, FL 33020 (954) 3610000 www.demarcogroup.com Each office independently owned and operated

INVESTMENT DETAILS Analysis Analysis Date January 2018 Property Property Property Address Miramar Industrial Property 1901 SW 100th Ter Miramar, Fl 33025 Year Built 1985 Purchase Information Property Type Industrial Purchase Price $400,000 Tenants 4 Total Rentable Sq. Ft. 5,000 Financial Information All Cash Loans Type Debt Term Amortization Rate Payment LO Costs All Cash Income & Expenses Gross Operating Income $51,000 Monthly GOI $4,250 Total Annual Expenses ($14,101) Monthly Expenses ($1,175) Contact Information John DeMarco, ACP 9546788733 JohnDeMarco@Remax.net P. 2 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

EXECUTIVE SUMMARY Acquisition Costs Purchase Price, Points and Closing Costs $400,000 Investment Cash $0 Investment Information Purchase Price $400,000 Price per Tenant $100,000 Price per Sq. Ft. $80.00 Income, Expenses & Cash Flow Gross Scheduled Income $51,000 Total Vacancy and Credits $0 Operating Expenses ($14,101) Net Operating Income $36,899 Debt Service $0 Cash Flow Before Taxes $36,899 Financial Indicators Debt Coverage Ratio N/A Capitalization Rate 9.22% Gross Income / Square Feet $10.20 Gross Expenses / Square Feet ($2.82) Operating Expense Ratio 27.65% P. 3 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

PROPERTY DESCRIPTION Great multitenant industrial property in Miramar Florida. Priced to sell at only $80 square foot. Recent sales included in the package have sold for above $120 a foot. 4 tenants, 1 of the tenant leasing the side lot. Gross income is $51,000 per year, netting $36,899. Above market actual capitalization rate of 9.22%. Verizon cell phone tower and one of the bays are excluded from the sale. See enclosed an easement agreement for detailed information. Please remember to not disturb existing tenants. Call John DeMarco for additional information. P. 4 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

PROPERTY PHOTOS P. 5 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

TENANT MIX REPORT Suite Tenants Approx. SqFt Avg. Rents Monthly Mkt Rents Monthly A Spasic and Assosiates 1250 $1,300 $1,300 $1,300 $1,300 B Auto mechanic + Lo 1250 $1,500 $1,500 $1,500 $1,500 C Auto Dealership 1250 $1,300 $1,300 $1,300 $1,300 D Side lot 1250 $150 $150 $150 $150 4 5,000 $4,250 $4,250 TENANT MIX TENANT MIX SQUARE FEET Spasic and Assosiates Auto mechanic + Lo Auto Dealership Side lot Spasic and Assosiates Auto mechanic + Lo Auto Dealership Side lot TENANT MIX INCOME TENANT MIX MARKET INCOME Spasic and Assosiates Auto mechanic + Lo Auto Dealership Side lot Spasic and Assosiates Auto mechanic + Lo Auto Dealership Side lot P. 6 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

MAPS AND AERIALS The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. P. 7

DEMOGRAPHICS Population 1 Mile 3 Mile 5 Mile Male 7,236 (46.83 %) 79,130 (46.71 %) 212,993 (47.66 %) Female 8,217 (53.17 %) 90,286 (53.29 %) 233,941 (52.34 %) Total Population 15,453 169,416 446,934 Age Breakdown 1 Mile 3 Mile 5 Mile Ages 04 964 (6.24 %) 9,979 (5.89 %) 26,982 (6.04 %) Ages 59 1,170 (7.57 %) 12,345 (7.29 %) 33,789 (7.56 %) Ages 1014 1,060 (6.86 %) 11,506 (6.79 %) 31,942 (7.56 %) Ages 1519 1,053 (6.81 %) 11,039 (6.52 %) 30,896 (6.91 %) Ages 2024 1,091 (7.06 %) 10,974 (6.48 %) 30,430 (6.81 %) Ages 2529 1,113 (7.20 %) 10,752 (6.35 %) 29,548 (6.61 %) Ages 3034 1,029 (6.66 %) 10,556 (6.23 %) 28,577 (6.39 %) Ages 3539 940 (6.08 %) 10,674 (6.30 %) 28,556 (6.39 %) Ages 4044 958 (6.20 %) 11,289 (6.66 %) 29,953 (6.70 %) Ages 4549 1,013 (6.56 %) 11,852 (7.00 %) 31,143 (6.97 %) Ages 5054 1,019 (6.59 %) 11,376 (6.71 %) 29,994 (6.71 %) Ages 5559 977 (6.32 %) 10,327 (6.10 %) 27,141 (6.07 %) Ages 6064 816 (5.28 %) 8,826 (5.21 %) 22,997 (5.15 %) Ages 6569 614 (3.97 %) 7,099 (4.19 %) 18,460 (4.13 %) Ages 7074 457 (2.96 %) 5,734 (3.38 %) 14,426 (3.23 %) Ages 7579 343 (2.22 %) 4,640 (2.74 %) 10,924 (2.44 %) Ages 8084 281 (1.82 %) 3,698 (2.18 %) 7,840 (1.75 %) Ages 85+ 555 (3.59 %) 6,750 (3.98 %) 13,336 (2.98 %) P. 8 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

DEMOGRAPHICS Household Income 1 Mile 3 Mile 5 Mile Median Income $57,855 $56,561 $53,452 Less than $10,000 246 3,357 9,246 $10,000 $14,999 170 3,291 7,290 $15,000 $19,999 256 3,102 7,906 $20,000 $24,999 289 3,196 8,053 $25,000 $29,999 259 3,376 8,169 $30,000 $34,999 393 3,265 8,502 $35,000 $39,999 271 2,897 7,204 $40,000 $44,999 194 3,259 7,544 $45,000 $49,999 254 3,419 8,070 $50,000 $59,999 414 5,966 13,875 $60,000 $74,999 463 6,918 17,839 $75,000 $99,999 1,125 8,919 20,526 $100,000 $124,999 448 4,753 11,749 $125,000 $149,999 155 2,466 5,680 $150,000 $199,999 175 1,954 5,558 Greater than $200,000 95 732 3,060 Housing 1 Mile 3 Mile 5 Mile Housing Units 5,852 66,780 161,906 Occupied Units 5,284 61,068 149,940 Owner Occupied Units 3,954 42,642 103,999 Renter Occupied Units 1,330 18,426 45,941 Vacant Units 568 5,712 11,966 Race Demographics 1 Mile 3 Mile 5 Mile Population Non Hispanic White 5,044 84,969 247,175 Population Black 8,765 67,631 159,866 Population Am In/Ak Nat 3 76 556 P. 9 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

LOCATION MAP P. 10 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

COMPS 1 6040 NW 21st St SOLD Miramar, FL 33023 Broward County Recorded Buyer: PQGC Estates LLC Recorded Seller: Cruz Santiago 6403 SW 162nd Ave Miami, FL 33193 901 Diplomat Pky Hollywood, FL 33019 True Buyer: PQGC Estates LLC True Seller: Cruz Santiago PrFrma Cap Rate: Actual Cap Rate: 01/26/2017 (132 days on mkt) Bldg Type: $1,700,000 Confirmed $153.07 Land Area: Zoning: Sale Conditions: Class C Industrial Built 1973 Age: 44 11,106 SF 0.50 AC (21,780 SF) B3, Miramar Business Value Included Parcel No: Financing: Comp ID: 514124010170 Down payment of $1,700,000 (100.0%) 3815764 Research Status: Confirmed 2 5860 SW 21st St SOLD West Park, FL 33023 Broward County Recorded Buyer: D & S Equities West Park 21 Ll Recorded Seller: Nnn Management Inc 16570 NE 35th Ave North Miami Beach, FL 33160 PrFrma Cap Rate: 12/16/2016 (84 days on mkt) Bldg Type: $280,000 Confirmed $121.74 Class C Industrial Built 1977 Age: 39 2,300 SF Land Area: 0.15 AC (6,534 SF) Zoning: C1 Parcel No: Financing: Comp ID: 514124030220 3789720 Research Status: Confirmed 3 2130 SW 56th Ter SOLD West Park, FL 33023 Broward County Recorded Buyer: Recorded Seller: Howard Brisgel (954) 6465596 Recorded Buyer: Recorded Seller: Yuli Prizant 2130 SW 56th Ter West Park, FL 33023 P. 11 Copyrighted report licensed to Re/Max 5 Star Realty 746067. 1/9/2018 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Page 1

COMPS 11/29/2016 (212 days on mkt) Bldg Type: $370,000 Confirmed $102.04 Class C IndustrialWarehouse Built 1964 Renov 2016 Age: 52 3,626 SF PrFrma Cap Rate: Zoning: M1 Parcel No: Financing: $292,000 from Gibraltar Bank Comp ID: 3765512 Research Status: Confirmed 4 24012481 SW 56th Ter, Unit 2461 Wedgewood Business Park 56th Avenue SOLD West Park, FL 33023 Broward County True Buyer: True Seller: 10/01/2017 (81 days on mkt) Condo Type: $165,000 Confirmed $109.05 Land Area: 1,513 SF Industrial Condo 1,513 SF Parcel No: Financing: Comp ID: 4032039 Research Status: Confirmed 5 2436 SW 56th Ter SOLD West Park, FL 33023 Broward County Recorded Buyer: Mireya Angel Recorded Seller: Holzhauser Michael 236 SE 6th St Dania Beach, FL 33004 PrFrma Cap Rate: 09/07/2016 Bldg Type: $261,200 $114.31 Class C IndustrialWarehouse Built 1964 Age: 52 2,285 SF Land Area: 0.12 AC (5,227 SF) Zoning: M1 Parcel No: Financing: Comp ID: 514124020410 $261,172 from Private Individual Fas Fiancial Inc 3712370 Research Status: Public Record P. 12 Copyrighted report licensed to Re/Max 5 Star Realty 746067. 1/9/2018 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Page 2

COMPS 6 2301 SW 58th Ave SOLD Hollywood, FL 33023 Broward County Recorded Buyer: Frasmar Inc Recorded Seller: CAPMAR LLC 7266 Ridge Dr Burnaby, BC V5A 1B5 2313 SW 57th Ter Hollywood, FL 33023 (954) 9620556 PrFrma Cap Rate: 05/31/2016 (188 days on mkt) Bldg Type: $640,000 Confirmed $128.00 Class C IndustrialWarehouse Built 1988 Age: 28 5,000 SF Land Area: 0.27 AC (11,761 SF) Zoning: M2, County Map Page: Trakker 35R23 Parcel No: Financing: Comp ID: 514124031620 Down payment of $640,000 (100.0%) 3617966 Research Status: Confirmed 7 2121 SW 58th Ter SOLD West Park, FL 33023 Broward County Recorded Buyer: 2121 Davis & Davis Llc Recorded Seller: Davis Fred 5915 SW 21st St West Park, FL 33023 7580 Fairway Trl Boca Raton, FL 33487 (561) 2896455 PrFrma Cap Rate: 12/05/2017 Bldg Type: $1,150,000 Confirmed $111.00 Class C IndustrialWarehouse Built 1972 Age: 45 10,360 SF Land Area: 0.37 AC (16,117 SF) Zoning: C1 Map Page: Trakker 122 Parcel No: Financing: Comp ID: 514124030500 Down payment of $230,000 (20.0%); $920,000 from Bank United 4082259 Research Status: Confirmed 8 2220 SW 60th Ter SOLD Miramar, FL 33023 Broward County Recorded Buyer: D & S Equities Miramar Llc Recorded Seller: Mcconnell Denise 16570 NE 35th Ave North Miami Beach, FL 33160 PrFrma Cap Rate: Actual Cap Rate: 01/10/2017 (223 days on mkt) Bldg Type: $515,000 Confirmed $119.77 Land Area: Zoning: Sale Conditions: Class C IndustrialManufacturing Built 1968 Age: 49 4,300 SF 0.27 AC (11,761 SF) B3 Sale Leaseback Parcel No: Financing: Comp ID: 514124010290 3811173 Research Status: Confirmed P. 13 Copyrighted report licensed to Re/Max 5 Star Realty 746067. 1/9/2018 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Page 3

COMPS 9 2011 SW 101st Ave SOLD Miramar, FL 33025 Broward County Recorded Buyer: Dorta Investments Llc Recorded Seller: Sherrod Holdings Llc 12851 SW 53rd St Miramar, FL 33027 01/08/2016 Bldg Type: $750,000 Full Value $131.12 Land Area: Industrial 5,720 SF Parcel No: Financing: Comp ID: 514120022070 Down payment of $200,000 (26.7%); $550,000 from Seller 3494057 Research Status: Full Value 10 5680 NW 163rd St #12 SOLD Hialeah, FL 33014 Miami/Dade County Recorded Buyer: Building 12 Llc Recorded Seller: Kenneth A Gress Trust 2231 SW 164th Ave Miramar, FL 33027 Map Page: Trakker 266 PrFrma Cap Rate: Actual Cap Rate: 08/08/2017 (351 days on mkt) Bldg Type: $2,646,000 Confirmed $155.65 5.50% Land Area: Zoning: Sale Conditions: Class C IndustrialWarehouse Built 1979 Age: 38 17,000 SF 0.94 AC (40,946 SF) IUC Parcel No: Financing: Comp ID: 3421180160050 Down payment of $0 (0.0%); $2,646,000 from Seller 3991226 Research Status: Confirmed 11 6135 NW 167th St, Unit E18 Bldg E SOLD Miami Lakes, FL 33015 Miami/Dade County True Buyer: True Seller: Navia Tax Firm 6135 NW 167th St Miami Lakes, FL 33015 (305) 8182033 Daniel Navia PrFrma Cap Rate: 09/15/2016 (57 days on mkt) Condo Type: $220,000 Confirmed $91.17 2,413 SF Industrial Condo Built 1985 Age: 31 2,413 SF Land Area: 1.83 AC (79,715 SF) Zoning: IUC, County Map Page: Trakker 266 Parcel No: Financing: Comp ID: Down payment of $220,000 (100.0%) 3765348 Research Status: Confirmed P. 14 Copyrighted report licensed to Re/Max 5 Star Realty 746067. 1/9/2018 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Page 4

COMPS 12 5756 Dawson St SOLD Hollywood, FL 33023 Broward County Recorded Buyer: Glenn R Hauser Recorded Seller: Simeone Richard C & Shawn 5756 Dawson St Hollywood, FL 33023 PrFrma Cap Rate: 06/21/2016 Bldg Type: $250,000 $100.00 Class C IndustrialWarehouse Built 1980 Age: 36 2,500 SF Land Area: 0.12 AC (5,227 SF) Zoning: IM2 Parcel No: Financing: Comp ID: 514124102480 $225,000 from Private Individual Fas Fiancial Inc 3641028 Research Status: Public Record 13 57705774 Funston St SOLD Hollywood, FL 33023 Broward County Recorded Buyer: Hollywood Warehouses 18 Llc Recorded Seller: Hwcp 5765 Funston Llc 13280 NE 6th Ave North Miami, FL 33161 PrFrma Cap Rate: 09/13/2016 Bldg Type: $695,700 $204.50 Class C IndustrialWarehouse Built 1974 Age: 42 3,402 SF Land Area: 0.14 AC (6,098 SF) Zoning: IM2 Parcel No: Financing: Comp ID: 514124102020 3715350 Research Status: 14 5981 Funston St SOLD Hollywood, FL 33023 Broward County Recorded Buyer: Kolo 1 Llc Recorded Seller: 5981 Llc 2875 NE 191st St Aventura, FL 33180 PrFrma Cap Rate: 04/21/2016 Bldg Type: $1,150,000 Full Value $255.56 Class C IndustrialWarehouse Built 1976 Age: 40 4,500 SF Land Area: 1.94 AC (84,506 SF) Zoning: M1,C4 Parcel No: Financing: Comp ID: 514124060090, 514124150730, 514124150760 $3,915,000 from Private Lender 3591269 Research Status: Full Value P. 15 Copyrighted report licensed to Re/Max 5 Star Realty 746067. 1/9/2018 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Page 5

COMPS 15 7451 Riviera Blvd Megacenter Miramar Business Park (Part of MultiProperty) SOLD Miramar, FL 33023 Broward County Recorded Buyer: Megacenter Miramar LLC Recorded Seller: District Board Of Tes & Broward Clg 8600 NW South River Dr Medley, FL 33166 3501 SW Davie Rd Davie, FL 33314 (954) 2017350 PrFrma Cap Rate: Actual Cap Rate: 07/08/2016 Bldg Type: $5,979,374 Allocated $113.95 Land Area: Zoning: Sale Conditions: Class C IndustrialWarehouse Built 1997 Age: 19 52,472 SF 6.93 AC (301,871 SF) PID Redevelopment Project Parcel No: Financing: Comp ID: 3662906 Research Status: Allocated 16 5701 Rodman St SOLD Hollywood, FL 33023 Broward County Recorded Buyer: A & A Investments Usa Llc Recorded Seller: Mayda Real Estate Holdings Inc 3389 Sheridan St Hollywood, FL 33021 Map Page: Trakker 122 PrFrma Cap Rate: 12/14/2016 Bldg Type: $580,000 $96.67 Class C IndustrialShowroom Built 1973 Age: 43 6,000 SF Land Area: 0.24 AC (10,454 SF) Zoning: IM2 Parcel No: Financing: Comp ID: 514124101720 3787794 Research Status: 17 57515779 Rodman St SOLD Hollywood, FL 33023 Broward County Recorded Buyer: Hollywood Warehouses 18 Llc Recorded Seller: Hwcp 5751 Rodman Llc 13280 NE 6th Ave North Miami, FL 33161 PrFrma Cap Rate: Actual Cap Rate: 09/13/2016 (69 days on mkt) Bldg Type: $695,700 $104.49 7.90% Land Area: Zoning: Sale Conditions: Class C IndustrialWarehouse Built 1973 Age: 43 6,658 SF 0.26 AC (11,326 SF) IM2 Parcel No: Financing: Comp ID: 514124101610 $1,600,900 from Landmark Bk 3715348 Research Status: P. 16 Copyrighted report licensed to Re/Max 5 Star Realty 746067. 1/9/2018 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Page 6

COMPS 18 5891 Rodman St A.M.I. Warehouse SOLD Hollywood, FL 33023 Broward County True Buyer: Beta Medical Recorded Seller: MeyerCarbuccia Investments LLC 40004026 N 30th Ave Hollywood, FL 33020 (954) 9618348 5891 Rodman St Hollywood, FL 33023 PrFrma Cap Rate: 04/29/2017 (74 days on mkt) Bldg Type: $650,000 $127.45 Class C IndustrialWarehouse Built 1973 Age: 44 5,100 SF Land Area: 0.24 AC (10,454 SF) Zoning: IM2 Parcel No: Financing: Comp ID: 3896297 Research Status: Public Record 19 5801 Wiley St SOLD Hollywood, FL 33023 Broward County Recorded Buyer: Cl Management Associates Llc Recorded Seller: Hamsa 21 Llc 307 SW 2nd Ave Dania, FL 33004 PrFrma Cap Rate: 08/03/2016 Bldg Type: $400,000 $94.12 Class C IndustrialManufacturing Built 1973 Age: 43 4,250 SF Land Area: 0.11 AC (4,792 SF) Zoning: IM1 Parcel No: Financing: Comp ID: 514124100750 $350,000 from Private Individual Fas Fiancial Inc 3685356 Research Status: Public Record P. 17 Copyrighted report licensed to Re/Max 5 Star Realty 746067. 1/9/2018 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Page 7

COMPS Trend Report Dollar Volume Legend: Current Survey Sold Transactions Time Interval Quarterly Number of Transactions Total Dollar Volume Total Bldg Square Feet Total Land in Acres Total Land in SF Average Price Average Number of SF Average Price Per Bldg SF Median Price Per SF Average Number of Acres Average Number of SF(Land) Average Price Per Unit Median Price Per Unit Average Number of Units Actual Cap Rate Report Time Frame: 1/1/2016 1/9/2018 Sold Transactions 19 $19,097,974 150,505 12.97 564,973 $1,005,157 7,921 $126.89 $114.31 0.81 35,311 6.70% P. 18 Copyrighted report licensed to Re/Max 5 Star Realty 746067. 1/9/2018 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Page 8

COMPS Trend Report 1Q16 01/13/31/16 2Q16 04/16/30/16 3Q16 07/19/30/16 4Q16 10/112/31/16 Sold Transaction Sold Transaction Sold Transaction Sold Transaction Number of Transactions Total Dollar Volume Total Bldg Square Feet Total Land in Acres Total Land in SF Average Price Average Number of SF Average Price Per Bldg SF Median Price Per SF Average Number of Acres Average Number of SF(Land) Average Price Per Unit Median Price Per Unit Average Number of Units Actual Cap Rate 1 $750,000 5,720 $750,000 5,720 $131.12 $131.12 3 $2,040,000 12,000 2.33 101,495 $680,000 4,000 $170.00 $128.00 0.78 33,832 6 $8,251,974 71,480 7.56 329,314 $1,375,329 11,913 $115.44 $109.22 1.51 65,863 7.90% 3 $1,230,000 11,926 0.76 33,106 $410,000 3,975 $103.14 $102.04 0.25 11,035 1Q17 01/13/31/17 2Q17 04/16/30/17 3Q17 07/19/30/17 4Q17 10/112/31/17 Sold Transaction Sold Transaction Sold Transaction Sold Transaction Number of Transactions Total Dollar Volume Total Bldg Square Feet Total Land in Acres Total Land in SF Average Price Average Number of SF Average Price Per Bldg SF Median Price Per SF Average Number of Acres Average Number of SF(Land) Average Price Per Unit Median Price Per Unit Average Number of Units Actual Cap Rate 2 $2,215,000 15,406 0.77 33,541 $1,107,500 7,703 $143.78 $136.42 0.39 16,771 1 $650,000 5,100 0.24 10,454 $650,000 5,100 $127.45 $127.45 0.24 10,454 1 $2,646,000 17,000 0.94 40,946 $2,646,000 17,000 $155.65 $155.65 0.94 40,946 5.50% 2 $1,315,000 11,873 0.37 16,117 $657,500 5,937 $110.76 $110.03 0.37 16,117 P. 19 Copyrighted report licensed to Re/Max 5 Star Realty 746067. 1/9/2018 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Page 9