Page 20 - Flats on 12 OM - draft
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                                                B Bryan, TX 77801
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             Survey Date
                                                                                              296
             # of Units                       3 3150 Finfeather Road                         Jul-17
             NRA                                                                          262,368
             Year Completed                                                                  2005                                           Flats on 12
             Occupancy                                                                       94%
             Rent/Unit                                                                      $1,027
            Unit Mix                                                               Nolan Real Estate
                                                                                             $1.16
             Rent PSF
             Management
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             U UNIT                                                       % %                M MKT RENT/ /  M MKT RENT/ /
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             D DESCRIPTION                                   U UNITS       TYPE E  U UNIT SF F  U UNIT/MO  S SF/MO   T TOTAL SF F  M MARKET T  M MARKET T
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             1 BEDROOM / 1 BATHROOM                           54        18.24%      623        $820        $1.32      33,642    $44,280    $531,360
             1 BEDROOM / 1 BATHROOM                           42        14.19%      665        $850        $1.28      27,930    $35,700    $428,400
             1 BEDROOM / 1 BATHROOM                           40        13.51%      760        $884        $1.16     30,400     $35,360    $424,320
             2 BEDROOMS / 2 BATHROOMS                         64        21.62%      962        $1,135      $1.18      61,568    $72,640    $871,680
             2 BEDROOMS / 2 BATHROOMS                         48        16.22%      1,086      $1,187      $1.09      52,128    $56,976    $683,712
             2 BEDROOMS / 2 BATHROOMS                         36        12.16%      1,170      $1,161      $0.99      42,120    $41,796    $501,552
             3 BEDROOMS / 2 BATHROOMS                         12        4.05%       1,215      $1,436      $1.18      14,580     $17,232   $206,784
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             T TOTALS/AVERAGES S                              2 296 6   1 100%      8 886      $ $1,027 7  $ $1.16   2 262,368 8  $ $303,984 4  $ $3,647,808
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                                                      46%                                                      50%                              4%
                                                         1 Br                                                     2 Br                             3 Br
               20                                                                                                               Property Information
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