SaleMULTI-FAMILY

© 2003, Prudential Financial. Prudential Real Estate brokerage services are offered through the independently owned and operated network of broker member franchisees of The Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential is a registered trademark of The Prudential Insurance Company of America. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

For Additional Information:

Sale Price: $399,900

Price Per Unit: $49,987.50

Yearly Income: $61,836

Buildings: 6

Units: 8

Occupancy: 100%

Building Sq. Ft.: 6,000 SF

Municipality: Grand Rapids

County: Kent

Chip LaFleurclafleur@prudentialcallander.comOffice: 616.459.8000 Cell: 616.446.4197Direct: 616.726.5909 Fax: 616.459.3300140 Monroe Center, Suite 202, Grand Rapids, Michigan 49503

Comments: This package contains 6 fully leased single family homes and duplexes, total of 8

units. Remodeled and updated, fully managed 11 CAP investment opportunity!

SaleMULTI-FAMILY

© 2003, Prudential Financial. Prudential Real Estate brokerage services are offered through the independently owned and operated network of broker member franchisees of The Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential is a registered trademark of The Prudential Insurance Company of America. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

1017 Kalamazoo

SaleMULTI-FAMILY

© 2003, Prudential Financial. Prudential Real Estate brokerage services are offered through the independently owned and operated network of broker member franchisees of The Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential is a registered trademark of The Prudential Insurance Company of America. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

1141 Kalamazoo

SaleMULTI-FAMILY

© 2003, Prudential Financial. Prudential Real Estate brokerage services are offered through the independently owned and operated network of broker member franchisees of The Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential is a registered trademark of The Prudential Insurance Company of America. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

638 Oakdale

SaleMULTI-FAMILY

© 2003, Prudential Financial. Prudential Real Estate brokerage services are offered through the independently owned and operated network of broker member franchisees of The Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential is a registered trademark of The Prudential Insurance Company of America. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

1045 Niagara

SaleMULTI-FAMILY

© 2003, Prudential Financial. Prudential Real Estate brokerage services are offered through the independently owned and operated network of broker member franchisees of The Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential is a registered trademark of The Prudential Insurance Company of America. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

842 Sherman

SaleMULTI-FAMILY

© 2003, Prudential Financial. Prudential Real Estate brokerage services are offered through the independently owned and operated network of broker member franchisees of The Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential is a registered trademark of The Prudential Insurance Company of America. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

1051 Prospect

SaleMULTI-FAMILY

© 2003, Prudential Financial. Prudential Real Estate brokerage services are offered through the independently owned and operated network of broker member franchisees of The Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential is a registered trademark of The Prudential Insurance Company of America. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Units

SaleMULTI-FAMILY

© 2003, Prudential Financial. Prudential Real Estate brokerage services are offered through the independently owned and operated network of broker member franchisees of The Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential is a registered trademark of The Prudential Insurance Company of America. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Extended Map

1. 842 Sherman

2. 1051 Prospect

3. 1017 Kalamazoo

4. 1045 Niagara

5. 1141 Kalamazoo

6. 638 Oakdale

SaleMULTI-FAMILY

© 2003, Prudential Financial. Prudential Real Estate brokerage services are offered through the independently owned and operated network of broker member franchisees of The Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential is a registered trademark of The Prudential Insurance Company of America. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Demographics

SaleMULTI-FAMILY

© 2003, Prudential Financial. Prudential Real Estate brokerage services are offered through the independently owned and operated network of broker member franchisees of The Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential is a registered trademark of The Prudential Insurance Company of America. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Demographics