Opportunity to acquire an all age community with public utilities in a tremendous market with high job growth. Country Pines is perfectly positioned to capture the growing demand for affordable housing in the area.

Outstanding opportunity to acquire a stabilized community and still achieve high total returns by filling the remaining vacant sites.

Offering includes 4 inventory homes currently occupied under a rent to own program and paying $450/site home rent (offered at the outstanding balance of $129,150).

Two recently upgraded SF Homes are also included in the sale (upgrades included paint, roofing, and interior drywall). Both are occupied and included in the community price.

One acre of expansion land is included in the community price and has the potential to hold 5-10 additional homes.

The community is serviced by municipal utilities and tenants are direct billed for water and sewer.

A rent increase of $13 is scheduled for June'14 which will raise the average rent to $220/site.