Interest rate allowed on Notes Receivable

4.65%

Apartment
Size
sq.ft.

Apartment
Type

Entrance
Fee

No. of
Suites

Current
Rent

Level 2

Level 3

Level 4

Equity

Payment

Equity

Payment

Equity

Payment

600

F

15,326

10

551

28,635

499

41,202

451

55,270

396

698

E

22,999

10

684

35,468

636

52,201

571

68,935

506

833

A

28,759

30

757

40,851

710

59,276

639

77,702

567

1,045

B

37,051

30

1,008

53,191

945

77,787

850

102,383

755

1,172

C

39,036

30

1,090

57,783

1,018

84,675

914

111,567

810

1,280

D

39,978

20

1,139

58,525

1,067

86,788

958

115,050

848

NOTE:  ENTRANCE FEES AND OPTIONAL PAYMENTS INCLUDE THE $2,000 DEVELOPMENT FEE. THE DEVELOPMENT FEE IS NON-REFUNDABLE.

MONTHLY RENTS DO NOT INCLUDE HYDRO, ELECTRIC APARTMENT HEAT, TELEPHONE, CABLE OR PARKING.