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SOLD

APPRAISED VALUE:
$50,000.00

ZONING:  R-HD

(SEE ALSO APTS:
Weaver Properties                                                                 
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678 S. Jefferson

THOMAS R. WEAVER, JR. TRUST PROPERTY
APARTMENT COMPLEX:

TOTAL MONTHLY RENTS 3932.00
STATUS OCCUPIED
AVG MONTHLY UTILITIES 833.00
AVG MONTHLY EXPENSES 1008.00
98 INCOME 34,848.00
99 INCOME 26,150.00
99 TAXES 977.00
00 INCOME 34,595.25
00 TAXES 990.58


Special Notes:
OCCUPANCY RATING NEAR 100% ANNUALLY!
NEW ROOF IN JULY OF 2000! (ADDED $13,000 VALUE!)

BEST PURCHASE VALUE, BUY ALL FOUR LOTS ON JEFFERSON!!
$200,000 APPRAISED VALUE.

Special Features:    
TWENTY-ONE EFFICIENCY UNITS.  RANGING IN PRICE FROM $99.50 TO
$195.00 PER MONTH.  EXCELLENT OCCUPANCY RATING.
      

Potential Annual Expense to Income Breakdown:

GROSS ANNUAL RENTS: $47,184.00
GROSS ANNUAL EXPENSE: $22,092.00
LESS 2000 TAXES: $     990.58
GROSS ANNUAL EARNINGS: $24,101.42