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<br />11-Jun-07 <br />2322 Meadow Ridge Parkway <br /> <br />With the exception of the 2000 sale, these sales represent the lower unit count apartment building sales. <br /> <br />ADDRESS SALE DATE SALES PRICE <br />3325 17 Ave 5 2007 $ 381,400 <br />332616 Ave 5 2007 $ 381,400 <br />231430Ave5 2007 $ 416,900 <br />4232,424017 Ave 5 2006 $ 2,403,500 <br />The above sale was for 218 unit buildings and 112 unit building <br />42159 Ave 5 2000 $ 530,300 <br />1601 34 5t 5 2005 $ 752,700 <br /> <br /># OF UNITS SIZE <br />8 <br />8 <br />8 <br />48 <br /> <br />12 <br />18 <br /> <br />SP PER UNI1 SP PER SF <br />8300 $ 47,675 $ 46 <br />8300 $ 47,675 $ 46 <br />9454 $ 52,113 $ 44 <br />56410 $ 50,073 $ 43 <br /> <br />16200 $ <br />18976 $ <br /> <br />44,192 $ <br />41,817 $ <br /> <br />33 <br />40 <br /> <br />Subject 1/2/2003 $ 406,172 12 10434 $ 33,848 $ 39 <br />In April of 2003 a 3 stall shop building and 4 single garage stalls were built. Building permit listed cost of $34,000 <br /> <br />Subject 2007 Value <br /> <br />$ <br /> <br />486,000 <br /> <br />12 <br /> <br />If we remove the building permit value of $34,000 from $486,000 <br />Subject $ 452,000 12 <br /> <br />10434 $ 40,500 $ <br /> <br />47 <br /> <br />10434 $ <br /> <br />37,667 $ <br /> <br />43 <br />