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HomeMy WebLinkAbout20192709.tiffAugust 6, 2019 Petitioner: CREEK VIEW INVESTMENTS LLC 7251 W 20TH ST BLDG L STE 200 GREELEY, CO 80634-4625 CLERK TO THE BOARD PHONE (970) 400-4226 FAX (970) 336-7233 WEBSITE: www.weldgov.com 1150 O STREET P.O. BOX 758 GREELEY CO 80632 Agent (if applicable): RE: THE BOARD OF EQUALIZATION 2019, WELD COUNTY, COLORADO NOTICE OF DECISION Docket 2019-2709 Appeal 2008224480 Hearing 8/5/2019 Dear Petitioner: On the day indicated above, the Board of County Commissioners of Weld County Colorado convened and acting as the Board of Equalization, pursuant to C.R.S. §39-8-101 et seq., considered petition for appeal of the Weld County Assessor's valuation of your property described above, for the year 2019. Account # Decision The Assessment and valuation is set as follows: Actual Value as Actual Value as Set by Determined by Assessor Board R8940590 Stipulated - Approved Stipulated Value $50,016,022 $46,980,000 A denial of a petition, in whole or in part, by the Board of Equalization must be appealed within thirty (30) days of the date the denial is mailed to you. You must select only one of the following three (3) options for appeal: 1. Appeal to Board of Assessment Appeals: You have the right to appeal the County Board of Equalization's decision to the Colorado Board of Assessment Appeals. A hearing before that Board will be the last time you may present testimony or exhibits or other evidence, or call witnesses in support of your valuation. If the decision of the Board of Assessment Appeals is further appealed to the Court of Appeals pursuant to C.R.S. §39-8-108(2), only the record of proceedings from your hearing before the Board of Assessment Appeals and your legal brief are filed with the appellate court. All appeals to the Board of Assessment Appeals filed after August 10, 2019, MUST comply with the following provisions of C.R.S. §39-8-107(5): (5)(a)(I) On and after August 10, 2019, in addition to any other requirements under law, any petitioner appealing either a valuation of rent -producing commercial real property to the Board of Assessment Appeals pursuant to C.R.S. §39-8-108(1) or a denial of an abatement of taxes pursuant to C.R.S. §39-10-114 shall provide to the County Board of Equalization or to the Board of County Commissioners of the County in the case of an abatement, and not to the Board of Assessment Appeals, the following information, if applicable: (A) Actual annual rental income for two full years including the base year for the relevant property tax year; (B) Tenant reimbursements for two full years including the base year for the relevant property tax year; (C) Itemized expenses for two full years including the base year for the relevant property tax year; and (D) Rent roll data, including the name of any tenants, the address, unit, or suite number of the subject property, lease start and end dates, option terms, base rent, square footage leased, and vacant space for two full years including the base year for the relevant property tax year. (II) The petitioner shall provide the information required by subparagraph (I) of this paragraph (a) within ninety days after the appeal has been filed with the Board of Assessment Appeals. (b)(I) The Assessor, the County Board of Equalization, or the Board of County Commissioners of the County, as applicable, shall, upon request made by the petitioner, provide to a petitioner who has filed an appeal with the Board of Assessment Appeals not more than ninety days after receipt of the petitioner's request, the following information: (A) All of the underlying data used by the county in calculating the value of the subject property that is being appealed, including the capitalization rate for such property; and (B) The names of any commercially available and copyrighted publications used in calculating the value of the subject property. (II) The party providing the information to the petitioner pursuant to subparagraph (I) of this paragraph (b) shall redact all confidential information contained therein. (c) If a petitioner fails to provide the information required by subparagraph (I) of paragraph (a) of this subsection (5) by the deadline specified in subparagraph (II) of said paragraph (a), the County may move the Board of Assessment Appeals to compel disclosure and to issue appropriate sanctions for noncompliance with such order. The motion may be made directly by the County Attorney and shall be accompanied by a certification that the County Assessor or the County Board of Equalization has in good faith conferred or attempted to confer with such petitioner in an effort to obtain the information without action by the Board of Assessment Appeals. If an order compelling disclosure is issued under this paragraph (c) and the petitioner fails td comply with such order, the Board of Assessment Appeals may make such orders in regard to the noncompliance as are just and reasonable under the circumstances, including an order dismissing the action or the entry of a judgment by default against the petitioner. Interest due the taxpayer shall cease to accrue as of the date the order compelling disclosure is issued, and the accrual of interest shall resume as of the date the contested information has been provided by the taxpayer. Appeals to the Board of Assessment Appeals must be made on forms furnished by that Board, and must be mailed or delivered within thirty (30) days of the date the denial by the Board of Equalization is mailed to you. The address and telephone number of the Board of Assessment Appeals are: Board of Assessment Appeals 1313 Sherman Street, Room 315 Denver, Colorado 80203 Telephone Number: (303) 864-7710 Email: baa@state.co.us Fees for Appeal to the Board of Assessment Appeals: A taxpayer representing himself is not charged for the first two (2) appeals to the Board of Assessment Appeals. A taxpayer represented by an attorney or agent must pay a fee of $101.25 per appeal. OR 2. Appeal to District Court: You have the right to appeal the decision of the Board of Equalization to the District Court of the county wherein your property is located: in this case that is Weld County District Court. A hearing before The District Court will be the last time you may present testimony or exhibits or other evidence, or call witnesses in support of your valuation. If the decision of the District Court is further appealed to the Court of Appeals pursuant to C.R.S. §39-8-108(1), the rules of Colorado appellate review and C.R.S. §24-4-106(9), govern the process. OR 3. Binding Arbitration: You have the right to submit your case to binding arbitration. If you choose this option, the arbitrator's decision is final and you have no further right to appeal your current valuation. C.R.S. §39-8-108.5 governs this process. The arbitration process involves the following: a. Select an Arbitrator: You must notify the Board of Equalization that you will pursue arbitration. You and the Board of Equalization will select an arbitrator from the official list of qualified people. If you cannot agree on an arbitrator, the District Court of the county in which the property is located (i.e. Weld) will select the arbitrator. b. Arbitration Hearing Procedure: Arbitration hearings are held within sixty (60) days from the date the arbitrator is selected, and are set by the arbitrator. Both you and the Board of Equalization are entitled to participate in the hearing. The hearing is informal. The arbitrator has the authority to issue subpoenas for witnesses, books, records documents and other evidence pertaining to the value of the property. The arbitrator also has the authority to administer oaths, and determine all questions of law and fact presented to him. The arbitration hearing may be confidential and closed to the public if you and the Board of Equalization agree. The arbitrator's decision must be delivered personally or by registered mail within ten (10) days of the arbitration hearing. c. Fees and Expenses: The arbitrator's fees and expenses are agreed upon by you and the Board of Equalization. In the case of residential real property, the fess may not exceed $150.00 per case. For cases other than residential real property, the arbitrator's total fees and expenses are agreed to by you and Board of Equalization, but are paid by the parties as ordered by the arbitrator. If you have questions concerning the above information, please call me at (970) 400-4226. Very truly yours, BOARD OF EQUALIZATION Esther E. Gesick Clerk to the Board Weld County Board of Commissioners and Board of Equalization cc: Brenda Dones, Weld County Assessor COUNTY BOARD OF EQUALIZATION WELD COUNTY Single County Schedule Number R8940590 STIPULATION (As To Tax Year 2019 Actual Value) RE PETITION OF : NAME: ADDRESS: Creek View Investments LLC 7251 W 20TH ST BLDG L STE 200 Greeley, Co 80634-4626 Petitioner (s) and the Weld County Assessor hereby enter into this Stipulation regarding the tax year 2019 valuation of the subject property, and jointly move the Board of Equalization to enter its order based on this Stipulation. Petitioner (s) and Assessor agree and stipulate as follows: 1. The property subject to this Stipulation is described as: 8200 20th St LOT 1 OWL RIDGE 5TH FG 2. The subject property is classified as multi-famliy property. 3. The County Assessor originally assigned the following actual value to the subject property for the tax year 2019 : Total $50,016,022 4. After further review and negotiation, Petitioner (s) and Weld County Assessor agree to the following tax year 2019 actual value for the subject property: Total $46,980,000 5. The valuation, as established above, shall be binding only with respect to tax year2019 6. Brief narrative as to why the reduction was made: After a review of all approaches to value an adjustment was indicated 7. Both parties agree that: The hearing scheduled before the Board of Equalization on 8/5/19 at 10:30 Am be vacated. nA hearing has not yet been scheduled before the Board of Equalization. 1 XO19- D709 Aso (03 DATED this 18th day of July , 2019 , 1 -any s. BucKendorf Larry S. Suckendo f (Jul 19, 2019) Petitioner(s) or Agent or Attorney Address: 7251 W 20 Street L-200 Greeley CO 80634 Telephone: 9703527072 Docket Number R8940590 Stip-1.Frm (Assistant) County Attorney for Respondent, Weld County Board of Commissioners Address: 1150 "O" Street P.O. Box 758 Greeley, CO 80632 Telephone:(970) 336-7235 County Assessor Address: 1400 N.17th Avenue Greeley, CO 80631 Telephone: (970) 400-3650 2 R8940590 / Creek View Investments LLC Final Audit Report 2019-07-20 Created: 2019-07-18 By: Wade Melies (wmelies@co.weld.co.us) Status: Signed Transaction ID: CBJCHBCAABAAu6IV9hW7wTNQNrAIw_5ZJtFpDw7plvf0 "R8940590 / Creek View Investments LLC" History i Document created by Wade Melies (wmelies@co.weld.co.us) 2019-07-18 - 8:06:23 PM GMT- IP address: 204.133.39.9 Cv Document emailed to Wade Melies (wmelies@co.weld.co.us) for approval 2019-07-18 - 8:06:25 PM GMT Document approved by Wade Melies (wmelies@co.weld.co.us) Approval Date: 2019-07-18 - 8:06:36 PM GMT - Time Source: server- IP address: 204.133.39.9 { Document emailed to Wade Melies (wmelies@weldgov.com) for approval 2019-07-18 - 8:06:37 PM GMT t Email viewed by Wade Melies (wmelies@weldgov.com) 2019-07-18 - 9:44:54 PM GMT- IP address: 204.133.39.9 too Document approved by Wade Melies (wmelies@weldgov.com) Approval Date: 2019-07-18 - 9:55:17 PM GMT - Time Source: server- IP address: 204.133.39.9 L+ Document emailed to Brenda Dones (bdones@co.weld.co.us) for signature 2019-07-18 - 9:55:19 PM GMT t Email viewed by Brenda Dones (bdones@co.weld.co.us) 2019-07-18 - 10:43:54 PM GMT- IP address: 204.133.39.9 &te Document e -signed by Brenda Dones (bdones@co.weld.co.us) Signature Date: 2019-07-18 - 10:44:24 PM GMT - Time Source: server- IP address: 204.133.39.9 cd Document emailed to Larry S. Buckendorf (larry@journeyhomes.com) for signature 2019-07-18 - 10:44:25 PM GMT t Email viewed by Larry S. Buckendorf (larry@journeyhomes.com) 2019-07-18 - 11:30:59 PM GMT- IP address: 174.198.4.166 Adobe Sign c Document e -signed by Larry S. Buckendorf (larry@journeyhomes.com) Signature Date: 2019-07-19 - 1:44:19 PM GMT - Time Source: server- IP address: 70.91.168.53 L i Document emailed to Karin McDougal (weld-cboe@weldgov.com) for signature 2019-07-19 - 1:44:21 PM GMT t Email viewed by Kann McDougal (weld-cboe@weldgov.com) 2019-07-19 - 2:18:01 PM GMT- IP address: 204.133.39.9 tree Document e -signed by Karin McDougal (weld-cboe@weldgov.com) Signature Date: 2019-07-20 - 0:17:33 AM GMT - Time Source: server- IP address: 204.133.39.9 O Signed document emailed to canaya@weldgov.com, Wade Melies (wmelies@weldgov.com), Karin McDougal (weld-cboe@weldgov.com), Wade Melies (wmelies@co.weld.co.us), and 2 more 2019-07-20 - 0:17:33 AM GMT 4%cco Adobe Sign Brenda Dones Weld County Assessor 1400 N 17th Ave Greeley, CO 80631 ACCOUNT NO. V #,v11v1/,_,._ TAX YEAR IVI74i. TAX AREA r LEGAL DESCRIPTION/ PHYSICAL LOCATION R8940590 2019 3240 LOT 1 OWL RIDGE 5TH FG 8200 20TH ST GREELEY PROPERTY OWNER CREEK VIEW INVESTMENTS LLC 7251 W 20TH ST BLDG L STE 200 GREELEY, CO 80634-4625 PROPERTY CLASSIFICATION ASSESSOR'S VALUATION ACTUAL VALUE PRIOR TO REVIEW ACTUAL VALUE AFTER REVIEW RESIDENTIAL 50,016,022 50,016,022 TOTAL 50,016,022 50,016,022 The Assessor has carefully studied all available information, giving particular attention to the specifics included on your protest. The Assessor's determination of value after review is based on the following: CM05 - The law requires that data from Jan 2017 to June 2018 be used to establish current values. We have considered all three approaches to value and we have denied your appeal based upon this data. NOTICE OF DETERMINATION RECEIVED JUL 1 0 2019 WELD COUNTY Date of Notice: 6/25/2019 Telephone: (970) 400-3650 Fax: (970) 304-6433 Office Hours: 8:00AM - 5:00PM If you disagree with the Assessor's decision, you have the right to appeal to the County Board of Equalization for further consideration, § 39-8-106(1)(a), C.R.S. The deadline for filing real property appeals is July 15. The Assessor establishes property values. The local taxing authorities (county, school district, city, fire protection, and other special districts) set mill levies. The mill levy requested by each taxing authority is based on a projected budget and the property tax revenue required to adequately fund the services it provides to its taxpayers. The local taxing authorities hold budget hearings in the fall. If you are concerned about mill levies, we recommend that you attend these budget hearings. Please refer to last year's tax bill or ask your Assessor for a listing of the local taxing authorities. Please refer to the reverse side of this notice for additional information. Agent (If Applicable): 15-DPT-AR PR 207-08/13 R8940590 2019-2709 A5O t O3 APPEAL PROCEDU RES County Board of Equalization Hearings will be held from July 25th through August 5th at 1150 O Street. To appeal the Assessor's decision, complete the Petition to the County Board of Equalization shown below, and mail, file online, or deliver a copy of both sides of this form to: Weld County Board of Equalization 1150 O Street, P.O. Box 758 Greeley, CO 80631 Telephone: (970) 356-4000 ext, 4225 Online: www.co.weld.co.us/appsl/cboe/ To preserve your appeal rights, your Petition to the County Board of Equalization must be postmarked or delivered on or before July 15 for real property — after such date, your right to appeal is lost. You may be required to prove that you filed a timely appeal; therefore, we recommend that all correspondence be mailed with proof of mailing. You will be notified of the date and time scheduled for your hearing. The County Board of Equalization must mail a written decision to you within five business days following the date of the decision. The County Board of Equalization must conclude hearings and render decisions by August 5, § 39-8-107(2), C.R.S. If you do not receive a decision from the County Board of Equalization and you wish to continue your appeal, you must file an appeal with the Board of Assessment Appeals by September 10, § 39-2-125(1)(e), C.R.S. If you are dissatisfied with the County Board of Equalization's decision and you wish to continue your appeal, you must appeal within 30 days of the date of the County Board's written decision to ONE of the following: Board of Assessment Appeals District Court 1313 Sherman Street, Room 315 Contact the District Court in the County Denver, CO 80203 where the property is located. See your (303) 866-5880 local telephone book for the address and www.dola.colorado.qov/baa telephone number. Binding Arbitration For a list of arbitrators, contact the County Commissioners at the address listed for the County Board of Equalization. If the date for filing any report, schedule, claim, tax return, statement, remittance, or other document falls upon a Saturday, Sunday, or legal holiday, it shall be deemed to have been timely filed if filed on the next business day, § 39-1-120(3), C.R.S. PETITION TO COUNTY BOARD OF EQUALIZATION What is your estimate of the property's value as of June 30, 2018? (Your opinion of value in terms of a specific dollar amount is required for real property pursuant to § 39-8-106(1.5), C.R.S.) What is the basis for your estimate of value or your reason for requesting a review? (Please attach additional sheets as necessary and any supporting documentation, i.e., comparable sales, rent roll, original installed cost, appraisal, etc.) -mot do s-e_ci. ATTESTATION I, the undersiged owner or agent' of the property identified above, affirm that the statements contained herein and o -n . , -chment Signature nd complete. -7O 3S Z76 -7Z 1141 t Telephone Number Date CU in c �ot_tirVI -/ k Glee:•( r 'v Email Address 'Attach letter of authorization signed by property owner. 15-DPT-AR PR 207-08/13 R8940590 Journey Homes Budding your future together. J 8.-J Construction VIA Overniiht Mail Weld County Board of Equalization PO Box 758 1150 O Street Greeley, CO 80631 Dear Board: LARRY S. BUCKENDORF JD GENERAL COUNSEL July 9, 2019 RECEIVED JUL 102019 WELD COUNTY COMMISSIONERS RE: Valuation Appeals Enclosed please find Assessor decision appeals for the following thirteen (13) parcels: R8950664 R8940590 R8951326 R8950331 R3724405 R8941183 R8940591 R8945212 88951325 R8949429 R894884I R8940667 R3724505 I will be out of the country from July 18th, 2019 until August 2nd, 2019. Please contact me to schedule the hearing on August 5'h. However, I can be reached by phone prior to July 18th to discuss resolution of the appeals. Enclosures Sincerely, /A— • Larry S. uckendorf 7251 W. 20TH ST., BLDG. L, STE 200 • GREELEY, COLORADO 80634 PHONE: (970) 352-7072 • FAX: (970) 330.5357 CREEK VIEW INVESTMENTS, LLC 7251 W 20 Street, L-200 Greeley, Colorado 80634 (970) 352-7072 May 23, 2019 VIA First Class Mail Weld County Assessor's Office 1400 N 17th Avenue Greeley, CO 80631 RE: R8940590 Basis for Review: The net operating income on December 31, 2018 was $3,582,712. Using an 8% CAP rate, value of the property should be $44,783,900. Should you have any questions regarding the foregoing, please do not hesitate to contact me. Sincerel/ Larry S. ckendorf f Enclosure December 31, 2018 Rental Income406,440, _ _-- --- --- ---- -- 25. 414,514 415,534 401,743 418,053 417,066 418,92 4,908,637 Eviction fees 403,738 • 3,190 426,596 384,855 - - _-_ -_-- 6,396 7,135 6 660 6,391 5,128 407 139 25 20r -- Pet Income -- - 70 -- - - - - --- 4,548 10 948 7,32513 990 6,0541_ 5 273 5,060 75,650 Application Fees 660 1,410 560 1,310 755 _ 1,010 960 990 1,045 1 990 1,045 12,790 - -- - 1,7551 960 Laundry Income - - _-_- ._. 9,290 9,130 9 538 9,610 8,788 9,4871 _9,192 9,604 9,8391 8,936 10,169 10,128 9,737 114,157 Garage Income 6,547 6,570 6,4891 6,723 6,038 7,122 6,114 6,804 7,459 6,910 7,398 7,451 7 609+ 82,687 Storage Unit Income+ -�, _ 430 578 515 601 510 500 6,268 ____ 531; 659 699 476 490 1-�-- - -_ --- _ 1 139 51 - -- ._- -- -._- 452 526 Utility Reimbursement 70 I 11 ---- - � ---- ____ _ _ 9 __ 72_1 _ 481 __9� 133 _ 55 138 1,074 Voided Sec Dep Checks - - 172 65 - r _i - - 9� i - -_-- —_ 4 450 300 r 0 Clubhouse usage fee 300 300 --- ---- ----- ---- -- - 300 _ _ 304 ---- 150' - I 150 _ _ 1501 150 300 300 3,304 Cleaning Reimbursement _ j - -- ..__—.. -._. _..__ _ Water/Sewer Reimb0 __- 1 -_. _ , r MLegal Fee 435 279 3041 _ 3,176 3511 5201 - - I-_- - -- ---- -- --0 Legal Fee Reimb I ----2791 -- _ ------- ---- --- - ------ 175 --- 279 862 Maintenance Reimbursement- -- .- — _ _�_ -- -- -- - + 380. 180 165 420 703 170 6,752 439,2951 42286411437,192 '--_-. __.�—. .—_- --_.- .,. Sec Dep Forfeiture 4,694 3,864 437 19 I 2,653 5,068 5,1236,7261- - - -" --) 1 3,447 1 0,772 9 028 3,787346 ' j8,708; 3,642 71,215 TOTAL INCOME 433,447 450,813 450,7721 433 028 447,811 ! 451,203 447,128, 5,283,466 _._.- 1,711 440.1231, � --- _....--- OWNER EXPENSES i — _ __ _ -_. �._ _. r Management Fees 5 -. . - _-- -- I 12,421 11 899 12,196, - — _ _ -- - - -- 11,913 12 3791--- -.-- 145,054 Real Estate Taxes Licenses and Inspections --- _. 2 - it 9411 12,565 11,441 12 091 244,828 --.- i-- -- - I -- --- --_ 12,369 - 12 238 244,828 Personal Property Tax --- ---- -- — - , - -_5881 ; — _ -.-- - 2,845 3,433 1 COMPARE DECEMBER 2017 TO DECEMBER 2018 & TRAILING 12 January 1, MONTHS P & L 2018 thru December 31, 2018 CREEKVIEW APARTMENTS Dec -17 Jan -18 Feb -18 Mar -18 Apr -18 May -18 Jun -18 Jul -18 Aug -18 Sep -18 Oct -18 Nov -18 Dec -18 INCOME 1 626. Gas Electricity - - ' ------ 782 974 1,3811 -. 1,160 786!5951:_- 366 _-- 403 ---- 411 { 354 410 474 98 1 --_ 0 _.._. I_..._4,053955_ 99,632 5,1991 _ 4,953 5,3041 4,878 3,939 4,631 3,842 4,035 7,942 - -- , - 4,506 4,648 _-- 4,2401 4,178 4,171 4,093 45:6063927481 __ 52 621 Water/Sewer I _-...__.. -- -. - ____. - -- - --- --- ----- --- 144 329 329 329 i 3451345 � -. 314451- -111 345 � 141:424770 1,472 _ 10 ,359 _ 11 108 6,411! 8.6,455 _ 6,7111 12,084 Shredding Service 126143 142 1431 -.. 1401 141 �Cablewswn _ .. , _" 993 -- -- --- r -- -- 345 345 344 327 327--_ 4,07D ▪ --- 752 _.. 22.51 3 25$ 3,175] 3,7181 _-- 3,510,3,98011 ▪ Trash Service - 3,280 3 9801 4,305- - ---- 150' Rent Refund-� - - I - - - --- - - -- - - - 41,890 Answ enn Service - , - 3,220 - -- --- 3,140 -_-- 3 425 10,164 7501 13:929279 ,997 2,950 370 1,438 i 149 116 1351133, 1,793 1,719138 137 Security Service 132 5541 405 1 --- 550 550 550 550 _ 550 550 6,600 550 FlreAlarmMonitoring 405.._. 2,505 4051 _- 405 2,505 - 134 405 2,9101 405 2,505 405 4051 13260 Alarm 299 Telephone , _y321,345170531594 347075! 550 550 550 - 550 550 - ------ _.. -_.. 296 ..297 _.-- 339 ...----. ...__—.. __.---- 321 ----3251 ---323 321..--. 334 ' —_____.__. 2� -- ._._- 321 -- -- 322 92741 ---- 3,868 6 Supplies ---- _ -_.—___. ._---- - _.--- ------12,688 __—_— 5,149' 4,721 16,7681 16,579 16,2043 14,852 5,360 122,070 Cleaning 10,305 8,504 • 7,6671 11 038 Painting _ - 5,240 6,2307 3,825 9,758, 8,182 7,193 15,330: .--_—---".--- -,---, —., 73,286 Furniture 1I1 Bldg Maint/Repair _. — _ ___... -.--- ---. -_-I -.._-_. ---- -- 0 Electrical I 75 113 _ __!— ___ _ 50 50 Plumbing —. - i -- ..�. -- - - 1301 _ .._ 156 -_ _- 1 988 --- 2 386 -- . - _ 95 126 235 -._ --- 84 264. HVAC - _ - 528. 1,773 2,207 7061 9 65 245 2,112 -- - - ;-- 233 208 1 227' - Interior - -- 6881 120 _ 374 534, _ 1,106' 3,0681 _ 610' 1,148 1,4803,699--- --- Exterior 6751- r r 3,040 - - , --- -_-.. 553 -_. 1,337 1,656 340 15,905 "-- -- -95 250 752 Exercise Equip Repair -- - 4,812 Pool Maintenance 0 830 Roof Repairs Parking Lot Maine_tance — Snow Removal 385! 18,451' 17,813;6,124513_r1 0 Pool Maintence -- I _ -— -- --- 141; 4,080 23 728 70,324 --- -- ---- --- ----i _.i -_2401 455 455 Pest Control 141 : 3891 --- 300] - 282; ------ - ----- _ .-- 141! 141 141f-- -.- 329 141 2,386 830, 0 G:\DARRELL\Real Estate Monthly Spreads \REAL ESTATE SPREAD 12.31.2018. Landscape Maintenance ---__ I I 0 1 - Fertilizer --- --- -- _... ..--- 1 _ -- -- --__ , 841 180 j _ 112 841 8411 2,522 Clean Up --- -- --- --- -- — --- --- -- --- - I -- -- __ _._ -. _— 1 --._. -- --_. _.. 113 13,6600 Weeding i- ! - --- --- - — Mowing/Trimming --- --- -. _ _... -- - --- ---- 55 _ _ 3_,265 3,9901 2,9871 3,252 3,117 728 Pruning --_ i __. ---- 1,923 3,405 1,080 24,485 2,829 - _._ - ' - ---------�_ 751 1 -- - -- -_._ Sprinkler 1 - -- -- - -- 788 — -- - ----- _ __ I 151 132 284 1 035 Aeriation -1 --- -- - -- — - _ _ -- --- ---- — - 4,340 __ - 7881 741 Winter Watering 770 41� -- -- - - --270 683 Replacements 51:2227629381- 228 S 228 Advertising I 1,263 1,263,1,263 1,258 1,279 1,285 1,219 15,244 251 Eviction Fees 1,278 1,307 _ 1 170 1 313 1 313 1,313` 251 - - 20 -- 70 Professional Fees -6,831! I _ 2791 1,074 327 -2,097 _.. - ----- __ .... Bank Fees - -. r _..10 Resident Maintenance Manager 15 156 14,2271 13,912 13,912' 13,9121 13,9121 13,91021 13 912 14,703 14 703 14,703 14,703 14,705 171,216 1,532 er Fees 14,227 g - - -_ - - l r--- --- -.. _-. ---- 14,857 -- ------ — -- --- --- - - - --- ---_ _ 14,857r 14,857; 15,0701 15,070 178,930 Pet Deposit Refundg 15,156 14 857 14,778 14 857' 14,857; --- . —_ _._. Security Deposit � ---- ---- 7 ---- -- --- _-__ _.__ { ..._ .. - - 1485732� * Replacements -- _ 1 047 'Pet p 180 347 -- --- tY P 4961 4891 i j - _ I 2963 � 8,4181 4,5111_-- 11,209, 12,9241 5,361 3,953 3,5241 66,380 Carpet 1,510 5,3241 3 528 1,635 3,030 -- -- L. _- — ---- --- Lino/VCT i._ _.. 794 _._. 34611 --__... 794 — - — -__- 272 Blinds 559 126 170, 2081 126_', 4271 162 2,395 Dishwashers -- _-. _ --- --- 0 Refrigerators 1 -- -{ --- --- Air Conditioners ._- -- , __- -- I1- ___ 808 808 0 Washer and Dryers - - -_ - 967 2,083 1.0,3 8 Stoves 6,226 _.-. Water Heater -- - I_ -- --- - - 86,1791 82,398] ..-,- 84,574 - ---- 121 041 107130 r---- •---� -� - I -- ----- ---__L_ .00 TOTAL OWNER EXPENSES 78,353 99,9721- 85,4801 338,533, 101 375' 100,1331 90,9921223,261 1,521,067 -—_ 101 375; _ 121,0411 107,130 100,133 90,992 223 261 1,521,067 TOTAL EXPENSES 78,353 - - .-_---- —.. -{__--- _-- _..-- — trailing 322,916 1 351,712 f 86,179 82398, 84,5741 338,533 349,4381 329,7311 325,8981 347,678 360,211] 223,867 3,762,399 NET OPERATING INCOME 360,941.371,173 329,313 355,547 94,913 Operating RATIO 12 28:79% G:\DARRELL\Real Estate Monthly Spreads\ REAL ESTATE SPREAD 12.31.2018. 12/28/2018 User: HEIDI Unit Refe Number Occupant Name Vintage Corporation 9:02:33AM Page 104 of 156 Rent Roll Report I Property : Creekview Investments, LLC. Monthly Rent Square Feet Rent Per Square Feet Lease Starting Lease Exp Deposits Date Date Held 640-M00 640-AI01 640-A102 640-A103 640-A104 640-A105 640-A106 640-A200 640-A201 640-A202 640-A203 640-A204 640-A205 640-A206 640-A300 640-A301 640-A302 640-A303 640-A304 640-A305 640-A306 640-B100 640-B101 640-B102 640-B103 640-B104 640-B105 640-B 106 640-B200 640-B201 640-B202 640-B203 640-B204 640-B205 640-B206 640-B300 640-B30 I 640-B302 640-8303 640-B304 640-B305 640-B306 640-C 100 640-C101 640-C102 640-C103 640-C104 640-C105 640-C106 Loeffler, Jonathon Olson, Claudia Brundieck, Amber McDowell, Krista Weaver, Paige Waite, Michael Barnes, Rodney Hollen, Gage El Harorche, Amal Mackey, Kelvin Verdin, Maria, Mendez, Diego Orniecinski, Ryne Ayer, Daniel Locke, Brody Harmon, Spencer Couch, Ryan Lewallen, Candice Phillip,Geoff Norwood, Greg Antuna, Corrina Alonzo, Brenden Chavez, Martin Stricherz, William Reimer, Dustin KLX Energy Services Hebbeler, Ashton Quint, Evan Vasquez, Sheri Zhang, Bo Gillespie, Matthew Mat; Shantel Chauiklin, Lorna Koziol, Matt Tellez, Jordan Perez, Nelson Gollhofer, Anika Hansen, Tim McIvor, Amber Garcia, Ever Norris, Nick Moran, Jesus Sterner, David Big Bear Construction, LLC Zaczkowsi, Cassandra Cutter, 'Crystal Barron, Brenda (ESA) Haines, Lindsay Clementson, James Rascon, Daisy 1,100.00 1,075.00 1,075.00 1,675.00 I,100.00 1,350.00 1,300.00 1,050.00 1,100.00 1,075.00 1,650.00 I,080.00 1,375.00 1,325.00 1,100.00 1,100.00 1,050.00 1,575.00 1,075.00 1,300.00 1,300.00 1,100.00 1,075.00 1,050.00 1,675.00 1,100.00 1,350.00 1,250.00 1,075.00 1,100.00 1,050.00 1,650.00 I,100.00 1,350.00 1,325.00 1,100.00 1,100.00 1,075.00 1,675.00 1,055.00 1,275,00 1,300.00 1,250.00 1,275.00 1,075.00 1,675.00 1,100.00 1,350.00 1,325.00 790 790 725 1,403 790 1,076 985 790 790 725 1,403 790 1,076 985 790 790 725 1,403 790 1,076 985 790 790 725 1,403 790 1,076 985 790 790 725 1,403 790 1,076 985 790 790 725 1,403 790 1,076 985 985 1,076 725 1,403 790 1,076 985 16.71/yr I6.33/yr 17.79/yr 14.33/yr 16.71/yr 15.06/yr I5.84/yr 15.95/yr 16.71/yr 17.79/yr 14.1I/yr 16.41/yr 15.33/yr I6. I4/yr 16.71/yr 16.71/yr 17.38/yr 13.47/yr 16.33/yr 14.50/yr 15.84/yr 16.71/yr 16.33/yr 17.38/yr 14.33/yr 16.71/yr 15.06/yr 15.23/yr 16.33/yr 16.71/yr I73 8/yr 14.11/yr 16.71/yr 15.06/yr 16.14/yr 16.71/yr 16.71/yr 17.79/yr 14.33/yr 16.03/yr 14.22/yr 15.84/yr 15.23/yr 14.22/yr 17.79/yr 14.33/yr 16.71/yr 15.06/yr 16.14/yr 10/06/2018 3/31/2019 600.00 7/01/2018 6/30/2019 600.00 7/23/2018 7/31/2019 600.00 5/08/2018 10/31/2018 600.00 10/05/2018 9/30/2019 600.00 3/06/2018 1I/30/2018 600.00 12/01/2016 5/3I/2017 600.00 2/15/2018 2/28/2019 600.00 6/12/2018 5/31/2019 600.00 5/30/2018 5/31/2019 600.00 7/01/2018 12/31/2018 600.00 12/01/2018 5/3I/2019 600.00 11/01/2018 8/31/2019 600.00 6/23/2018 6/30/2019 600.00 8/09/2018 4/30/2019 600.00 11/07/2018 10/31/2019 600.00 1/01/2019 12/31/2019 600.00 5/01/2018 4/30/2019 600.00 12/01/2017 11/30/2018 600.00 3/01/2018 2/28/2019 600.00 3/10/2018 2/28/2019 600.00 8/09/2018 7/31/2019 600.00 6/01/2018 5/31/2019 600.00 12/01/2016 11/30/2017 600.00 10/05/2018 3/31/2019 600.00 7/08/2018 6/30/2019 600.00 12/01/2018 5/31/2019 600.00 3/01/2018 2/28/2019 600.00 4/21/2017 1/31/2018 600.00 12/01/2018 5/31/2019 600.00 8/01/2018 1/31/2019 600.00 5/09/2018 4/30/2019 600.00 7/22/2017 7/31/2018 600.00 12/10/2018 12/31/2018 600.00 8/14/2018 1/31/2019 600.00 7/09/2018 3/31/2019 600.00 9/16/2017 9/30/2018 600.00 7/10/2018 12/31/2018 600.00 11/07/2018 7/31/2019 600.00 5/01/2018 4/30/2019 600.00 3/01/2018 2/28/2019 600.00 10/01/2018 6/30/2019 600.00 7/08/2017 12/31/20I7 600.00 2/01/2018 1/31/2019 600.00 12/11/2018 11/30/2019 600.00 12/01/2018 5/31/2019 600.00 6/19/2018 6/30/2.019 600.00 10/01/2018 9/30/2019 600.00 8/17/2018 8/31/2019 600.00 12/28/2018 User: HEIDI Unit Reference Number Occupant Name Vintage Corporation 9:02:33AM Page 105 of 156 Rent Roll Report I Property : Creekview Investments, LLC. Monthly Rent oquare Feet Rent Per Square Feet Lease Starting Lease Exp Deposits Date Date Held 640-C200 640-C201 640-C202 640-C203 640-C204 640-C205 640-C206 640-C300 640-C301 640-C302 640-C303 640-C304 640-C305 640-C306 640-D 100 640-D101 640-D102 640-D103 640-D 104 640-D105 640-D106 640-D200 640-D201 640-D202 640-3203 640-1204 640-D205 640-D206 640-D300 640-D301 640-D302 640-D303 640-1)304 640-D305 640-D306 640-E100 640-E101 640-E102 640-E103 640-E104 640-E105 640-E106 640-E107 640-E200 640-E201 640-E202 640-E203 640-E204 640-E205 Morrison, Cheryl Anderson, Skye Hubbard, Andrew Tucker Transportation, Inc VACANT Erlick, Sarah Ideal Completion Services, LLC Middleton, Reemar Kullhem, Darlene Moody, Tyler Westhoff, Carrie & Pat Losasso, Collin VACANT Berg, Holly Adler Hot Oil Service, LLC Ackerman, Anthony Azeez, Vincent Dutson, Jason Kearsley, Allison Ekern, Lorcn Maxwell, Samantha Desormeaux, Cyndi Campus Works, Inc Ernsten, Aiyssa KLX Energy Services Nebesick, Tyler Gray, Kassandra Hampton, Clarence Taskila, Ryan Howard, Jimmy/Howard, Gaylene Ross, Mikhaila Tucker Transportation, Inc Wismer, Meredith Covarrubias, Vanessa Gockiey, Bryan Wright, Michele Branch, Guy Schiererberg, Fawn Hyatt, Michael Turner, Joshua Schwartzkopf, John Diaz, Katelea Flores, Miguel Angel Ruiz, Maria Medina James Batty, Hugh Jenks, Michael Campus Works Tem.pleman, Bailey I,300.00 1,375.00 1,075,00 1,675.00 1,100.00 1,300.00 1,300.00 1,325.00 1,250.00 I,050.00 725.00 1,050.00 1,300,00 1,275.00 1,325.00 1,375.00 1,075.00 1,550.00 1,075.00 1,300.00 1,325.00 1,325.00 1,375.00 1,000.00 1,675.00 1,100.00 1,350.00 1,300.00 1,300.00 1,300.00 1,075.00 1,675.00 1,050.00 1,350.00 1,300.00 1,275.00 1,350.00 1,050.00 1,050.00 1,100.00 1,075.00 I,375.00 1,325.00 1,250.00 1,350.00 1,075 00 1,025.00 1,100.00 1,100.00 985 1,076 725 1,403 790 1,076 985 985 1,076 725 1,403 790 1,076 985 985 1,076 725 1,403 790 1,076 985 985 1,076 725 1,403 790 1,076 985 985 1,076 725 1,403 790 1,076 985 985 1,076 725 725 725 790 1,076 985 985 1,076 725 725 790 790 15.84/yr 15.33/yr 17.79/yr 14.33/yr 16.71/yr 14.50/yr 15.84/yr I6.14/yr 13.94/yr 17.38/yr 6.20/yr 15.95/yr 14.50/yr 15.53/yr 16.14/yr 15.33/yr 17.79/yr 13.26/yr 16.33/yr 14.50/yr 16.14/yr 16.14/yr 15.33/yr 16.55/yr 14.33/yr 16.71/yr 15.06/yr 15.84/yr 15.84/yr 14.50/yr 17.79/yr 14.33/yr I5.95/yr 15.06/yr 15.84/yr 15.5.3/yr 15.06/yr 17.38/yr 17.38/yr 18.21/yr 16.33/yr 15.33/yr 16.14/yr 15.23/yr 15.06/yr 17.79/yr I6.97/yr 16.71/yr 16.71/yr 4/29/2016 10/31/2016 600.00 7/18/2018 I/3I/2019 600.00 8/10/2018 4/30/2019 600.00 11/01/2018 7/31/2019 600.00 0.00 10/01/2018 9/30/2019 600.00 12/15/2018 6/30/2019 600.00 10/25/2018 10/31/2019 600.00 4/01/2018 3/31/2019 600.00 11/14/2016 5/31/2017 600.00 12/10/2015 12/31/2015 0.00 4/01/2018 3/31/2019 600.00 0.00 7/01/2018 6/30/2019 600.00 10/10/2018 3/31/2019 600.00 11/09/2018 4/30/2019 600.00 12/12/2018 5/31/2019 600.00 1/01/2019 6/30/2019 600.00 0.00 8/01/2018 1/31/2019 600.00 7/01/2018 6/30/2019 600.00 8/14/2018 1/31/2019 600,00 8/10/2018 1/31/2019 600.00 I/18/2018 1/31/2019 600.00 5/21/2018 5/31/2019 600.00 7/07/2018 6/30/2019 600.00 2/I5/2018 2/28/2019 600.00 11/01/2018 4/30/2019 600.00 6/01/2017 11/30/2017 600.00 12/17/2015 6/30/2016 600.00 7/16/2018 6/30/2019 600.00 11/01/2018 7/31/2019 600.00 1/23/2018 1/31/2019 600.00 9/01/2018 2/22/2019 600.00 1/10/2019 12/31/20I9 600.00 5/14/2018 3/31/2019 600.00 5/01/2017 10/31/2017 600.00 1/09/2019 6/30/2019 600.00 I/11/2019 12/31/2019 600.00 6/22/2018 6/30/2019 600.00 3/17/2018 3/31/2019 600.00 6/12/2018 5/31/2019 600.00 10/09/20I8 3/31/2019 600.00 10/01/2018 3/31!2019 600.00 4/10/2018 3/31/2019 600.00 7/01/2018 12/31/2018 600.00 8/01/2018 7/31/2019 600.00 8/08/2018 1/31/2019 600.00 10/26/2018 4/30/2019 600.00 12/28/2018 User: HEIDI Unit Reference Number Occupant Name Vintage Corporation 9:02:33AM Page 106 of 156 Rent Roll Report I Property : Creekview Investments, LLC. Monthly Rent Square Feet Rent Per Square Feet Lease Starting Lease Exp Deposits Date Date Held 640-E206 640-E207 640-E300 640-E301 640-E302 640-E303 640-E304 640-E305 640-E306 640-E307 640-F100 640-F101 640-F102 640-F103 640-F104 640-F105 640-F106 640-F200 640-F201 640-F202 640-F203 640-F204 640-F205 640-F206 640-F300 640-F301 640-F302 640-F303 640-F304 640-F305 640-F306 640-0I00 640-G101 640-G102 640-0103 640-G104 640-G105 640-0106 640-0107 640-G200 640-0201 640-G202 640-G203 640-G204 640-G205 640-6206 640-0207 640-G300 640-G301 Yang, Chen • Rocky Mountain Oilfield Interior Contractors, Ins Smith, Lisa Scheller, Victoria Heneberger, Corey Gang, Mindie Tobel, Trevor Vernon, Ashley Dillbeck, Jonas Pena, Elizabeth DeCicco, Patsy McIvor, Douglas Adler Hot Oil Service, LLC Gallagher, Kendall Meyer, Lindsey Duarte, Cynthia Mendez, Maritzia Sanchez, Joanna Bohl, Jonathan Huggins, Amy Andes, Justin Albernathy, Emily Weaver, Megan Cavanaugh, Jack Junk, Madeline McConkey, Hope Alonzo, Paul Hope, Alexander Heiden, Jessica Fichtner, Lynn Jr. & Sr. Construction Rovero, Veronica Blach, Kalyn Rivera, Bruce Pham, Hung Rogina, Ryan Talavico, Cris Berglund, Rachel Jones, Zachary Moilner, Robert Wiersema, William Gonzalez, Juan Delgado, Reynaldo Boyles, Haley (ESA) Schmidt, Ethan Thompson, Kindrea, Durgin, R. Ortega, Hector Lang, Heather I,350.00 1,250.00 1,275.00 1,375.00 1,075.00 1,050.00 1,075.00 1,050.00 1,375.00 1,250.00 1,300.00 1,300.00 1,050.00 1,675.00 1,100.00 1,350.00 1,325.00 1,300.00 1,300.00 1,075.00 1,650.00 1,075.00 1,325.00 1,325.00 1,300.00 1,350.00 1,050.00 :,625.00 1,100.00 1,300.00 1,300.00 1,200.00 1,350.00 1,075.00 1,050.00 1,075.00 1,100.00 1,350,00 1,250.00 1,300.00 1,350.00 1,050.00 1,050.00 1,075.00 1,050.00 1,375.00 1,325.00 1,325.00 1,350.00 1,076 985 985 1,076 790 1,076 985 985 1,076 725 1,403 790 1,076 985 985 1,076 725 1,403 790 1,076 985 985 1,076 725 725 790 790 1,076 985 985 1,076 725 725 790 1,076 985 985 1,076 72.5 725 790 790 1,076 985 985 15.06/yr 15.23/yr 15.53/yr I5.33/yr 17.79/yr 17.38/yr 16.33/yr 15.95/yr 15.33/yr 15.23/yr 15.84/yr 0 0.00/yr 725 17.38/yr 0 0.00/yr 16.71 /yr 15.06/yr 16.14/yr 15.84/yr 14.50/yr 17.79/yr 14.11/yr 16.33/yr 14.78/yr 16.14/yr 15.84/yr 15.06/yr I7.38/yr 13,90/yr 16.71 /yr I4.50,yr 15.84/yr 14, 62/yr I5.06/yr 17.79/yr 17.38/yr 16.33/yr 16.71 /yr 15.06/yr 15.23/yr 15.84/yr 15.06/yr I7.38/yr 17.3 8/yr 16.33/yr 0 0.00/yr 15.33/yr 16.14/yr 16.14/yr 15.06/yr 10/18/2017 4/30/2018 600.00 5/01/2018 1/31/2019 600.00 8/01/2017 1.'31/2019 600.00 9/24/2018 9/30/2019 600.00 1/01/2019 6/30/2019 600.00 3/08/2018 8;'31/2018 600.00 12/18/2017 9/30/2018 600.00 5/01/2018 L'31/2019 600.00 7/01/2018 6/30/2019 600.00 1C/01/2018 6/30/2019 600.00 1/01/2019 6/30/2019 600.00 11/01/2017 10/31/2018 600.00 7/01/2018 6/30/201.9 600.00 10/10/2018 3/31/2019 600.00 12/06/2017 5/31/2018 600.00 7/22/2017 7/31/2018 600.00 11/01/2018 4/30/2019 600.00 11/01/2018 4/30/2019 600.00 4/01/2018 4/30/2018 600.00 7/14/2018 6/30/2019 600.00 1/01/2019 6/30/2019 600.00 4/19/2018 4/30/2019 600.00 11/01/2018 10/31/2019 600.00 6/27/2018 6/30/2019 600.00 3/16/2018 9/30/2018 600.00 5/07/2018 4/30/2019 600.00 7/01/2016 6/30/2017 600.00 3/01/2018 2/28/2019 600.00 5/01/2018 4/30/2019 600.00 5/01/2018 4/30/2019 600.00 8/01/20I8 7/31/2019 600.00 6/16/2016 6/30/2017 600,00 10/01/2018 9/30/2019 600.00 8/10/2018 8/31/2019 600.00 2/10/2017 8/31/2017 600.00 8/01/2018 1/31/2019 600.00 11/19/2018 11/30/2019 600.00 2/08/2017 1/31/2018 600.00 5/01/2018 4/30/2019 600.00 11/01/2018 10/31/2019 600.00 6/01/2017 2/28/2018 600.00 1/01/2018 6/30/2018 600.00 10/01/2018 9/30/2019 600.00 7/13/2016 6/30,2017 600.00 7/01/2018 6/30/2019 600.00 11/0I/2018 4/30/2019 600.00 7/25/2018 7/31/2019 600 00 7/14/2018 6/30/2019 600.00 11/01/2018 4/30/2019 600.00 12/28/2018 User: HEIDI Unit Reference Number Occupant Name Vintage Corporation Rent Roll Report I Property : Creekview Investments, LLC. Monthly Rent Square Feet Rent Per Square Feet 9:02:33AM Page 107 of 156 Lease Starting Lease Exp Deposits Date Date Held 640-G302 640-G303 640-G304 640-G305 640-G306 640-G307 640-H100 640-H101 640-HI02 640-H103 640-HI04 640-H105 640-HI06 640-H107 640-H200 640-H201 640-H202 640-H203 640-H204 640-H205 640-H206 640-H207 640-H300 640-H3C1 640-H302 640-H303 640-H304 640-H305 640-H306 640-H307 640-I100 640-I101 640-I102 640-I103 640-1104 640-I105 640-1106 640-I200 640-1201 640-1202 640-1203 640-I204 64C-1205 640-I206 640-I300 640-1301 640-1302 640-I303 640-1304 Hall, Pamela Ledford, Taylor Chestnut, Nicholas Ross, Carly Romero, Ashley VACANT Charez, Massiel Lopez, Carlos Geiser, Kristin Morrell, Mallory Marquez, Capreece Gann, Patricia Onorato, Garret Jr & Sr Builders Weber, Lia Sanchez, Brenda Wiese, Gavin Martinez, Richard McColiorn, Veronica Busweli, Sean Eldred, Brooke Krnak, Caroline Rahe, Grady Reyes, Darior./Alien, Jacob Plancarte, Antonio Jr Natarlan, Narayanaswarny Cox, Andrew Downing, Derek Howerter, Melissa Anderson, Kay Silk, Shannon Maycock, Wayne Gurule, Jessica Hull, Beth Boor, Ryan Scheer, Zoey Holguin, Priscila Geisick, Paige Arevalos, Arthur Solis, Primitive Kiel, Jessica Olive, Steven Foster, Dawn. Hammer, Benjamin Raub, Shelby Sundeen, Amanda Holgate, Cob)/ Lopez, Martha Valencia, Justin 1,050.00 1,050.00 1,050.00 1,100.00 1,350.00 0.00 1,275.00 1,275.00 1,050.00 1,075.00 1,075.00 1,100.00 1,300.00 1,150.00 1,325.00 1,375.00 1,050.00 1,075.00 1,100.00 1,075.00 1,350.00 1,325.00 1,300.00 1,350.00 1,050.00 1,075.00 1,100,00 1,050.00 1,375.00 1,300.00 1,075.00 1,075.00 1,075.00 1,650.00 1,050.00 1,300.00 1,275.00 1,100.00 1,100.00 1,050.00 I,550.00 1,075.00 1,350.00 1,300.00 1,075.00 1,100.00 1,050.00 1,675.00 1,050,00 725 725 790 790 1,076 985 985 1,076 725 725 790 790 1,076 985 985 1,076 725 725 790 790 1,076 985 790 790 725 1,403 790 1,076 985 790 790 725 1,403 790 1,076 985 790 790 725 1,403 790 725 725 790 790 1,076 985 985 17.38/yr 17.3 8/yr 15.95/yr 16.71/yr 15.06/yr 0.00/yr 15.53/yr 0 0.00/yr 17.38/yr 17.79/yr 16.33/yr 16.71/yr 14.50/yr 14.01/yr 16.14/yr 15.33/yr 17.38/yr 17.79/yr 16.71/yr 16.33/yr 15.06/yr 16.14/yr 15.84/yr 15.06/yr 17.38/yr 17.79/yr 16.71/yr 15.95/yr 15.33/yr 15.84/yr 16.33/yr 16.33/yr 17.79/yr 14.11/yr 15.95/yr 14.50/yr 15.53/yr 16.71/yr 16.71/yr 17.38/yr 13.26/yr 16.33/yr 15.06/yr 15.84/yr 16.33/yr I6.71/yr 17 38/yr 14.33/yr 15.95/yr 1/06/2018 6/30/2018 600.00 8/01/2018 4/30/2019 600.00 2/01/2018 1/31/2019 600.00 11/07/2018 4/30/2019 600.00 9/01/2018 8/31/2019 600.00 0.00 8/10/2018 1/31/2019 600.00 11/03/2018 10/31/2019 600.00 12/01/2018 6/30/2019 600.00 9/13/2018 8/31/20I9 600.00 4/04/2018 3/31/2019 600.00 7/27/2018 7/31/2019 600.00 5/01/2018 1/31/2019 600.00 1/07/2016 7/31/2016 600.00 5/10/2018 4/30/2019 600.00 9/20/2018 3/31/2019 600.00 12/17/2018 9/30/2019 600.00 8/14/2018 1/3I/2019 600.00 6/07/2018 5/31/2019 600.00 3/12/2018 2/28/2019 600.00 8/01/2018 7/31/2019 600.00 7/14/2018 6/30/2019 600.00 2/01/2018 1/31/2019 600.00 8/21/2018 3/31/2019 600.00 8/01/2018 7/31/2019 600.00 6/16/2018 12/31/2018 600.00 8/01/2018 1/31/2019 600.00 3/01/2018 2/28/2019 600.00 4/21/2018 10/31/20I8 600.00 11/01/2018 7/31/2019 600.00 9/01/2018 8/31/2019 600.00 12/17/2016 6/30/2017 600.00 12/01/2018 5/31/2019 600.00 7/01/2018 6/30/2019 600.00 1/01/2019 12/31/2019 600.00 5/01/2018 4/30/2019 600.00 2/01/2018 1/31/2019 600.00 5/18/2018 5/31/2019 600.00 9/07/20I8 5/31/2019 600.00 1/16/2017 7/31/2017 600.00 7/01/2018 6/30/2019 600.00 8/01/2018 1/31/2019 600.00 8/01/2018 1/31/2019 600.00 3/01/2018 8/31/2018 600.00 6/01/2018 5/31/2019 600.00 9/08/2018 8/31/2019 600.00 6/01/2018 5/31/2019 600.00 6/29/2018 3/31/2019 600.00 2/01/2018 1/31/2019 600.00 12/28/2018 User: HEIDI Unit Reference Number Occupant Name Vintage Corporation Rent Roll Report Property : Creekview Investments, LLC. Monthly Rent Square Feet Rent Per Square Feet 9:02:33AM Page 108 of 156 Lease Starting Lease Exp Deposits Date Date Held 640-I305 640-I306 640-J 100 640-J101 640-J102 640-J 103 640-J104 640-J105 640-JI06 640-1200 640-J20I 640-J202 640-J203 640-J204 640-J205 640-J206 640-J300 640-J301 640-J302 640-J303 640-J304 640-7305 640-J306 640-K100 640-KI01 640-1(102 640-K103 640-K104 640-K105 640-1(106 640-K200 640-K201 640-K202 640-K203 640-K204 640-K205 640-1(206 640-K300 640-K301 640-1(302 640-K303 640-K304 640-K305 640-K306 640-LI00 640-L101 640-LI 02 640-L103 640-L104 Emerald Coast Cleaning Service Curley, Chase Bridger, John Myers, Kristin (ESA) Crispe, Michelle Ideal Completion Services, LLC Rodriguez, Demitrioz Hall, Tandi Tobei, Travis Goeglein, Molly Casillas, Abraham Houghtalirg, Jodi KRT, Inc Bridger, John Strobe'., Madisen Adler Hot Oii Lockman, Tanner VACANT Johnson, Hayden Collins, Ralph Moony, Anthony (ESA) Sadler, Megan Holland, Ryan Barrios, Jennifer Darrow, Lisa Milani, Nick Poltoek, Nicholas Ray, Jessica Calderon, Juan Behrends, David Quail, Marcus Visconti, Sera Allen -Morgan, Emma KLX Energy Services Marrufo, Jermy Tubbs, Vincent Adler Hot Oil Services, LLC Villalobos, Melissa Schmitz, Jeremy Done:, Mark Kage, Julian/Kage, Katie May, Connor Age; Forrest Adler Hot Oil Service, LLC VACANT Beaty, Alysha Stetser, Peter Nicholas, Ryan Castaneda, Corina 1,350.00 1,325.00 1,075.00 1,100.00 1,025.00 1,200.00 1,055.00 1,300.00 1,325.00 I,100.00 1,075.00 1,000.00 1,650.00 1,005.00 1,350.00 1,325.00 1,100.00 I,075.00 1,075.00 1,675.00 1,075.00 1,375.00 1,325.00 1,200.00 1,350.00 1,075.00 1,675.00 1,100.00 1,300.00 1,350.00 1,300.00 1,350,00 1,050.00 1,675.00 1,100.00 1,375.00 1,325.00 1,325.00 1,350.00 1,000.00 725.00 1,075.00 1,375.00 1,325.00 1,300.00 1,375.00 1,050.00 1,075.0C 1,050.00 1,076 725 790 790 725 1,403 790 1,076 985 790 790 725 1,403 790 1,076 985 790 790 725 1,403 790 1,076 985 985 1,076 725 1,403 790 1,076 985 985 1,076 725 1,403 790 1,076 985 985 1,076 725 1,403 790 1,076 985 1,076 1,076 725 725 790 15.06/yr 21.93/yr 16.33/yr 16.71/yr 16.97/yr 10.26/yr I 6.03/yr 14.50/yr 16.14/y: I6.71/yr 16.33/yr 16_55/yr 14.11/yr 15.27/yr 15.06/yr 16.14/yr 16.71/yr 16.33/yr 17.79/yr 14.33/yr 16.33/yr 15.33/yr 16.14/yr 14.62/yr 15.06/yr 17.79/yr 14.33/yr 16.71/yr 14.50/yr 16.45/yr 15.84/yr 15.06/yr 17.38/yr 14.33/yr 16.71/yr 15.33/yr 16.14/yr 16.14/yr 15.06/yr 16.55/yr 6.20/yr 16.33/yr 15.33/yr I6.14/yr 14.50/yr 15.33/yr 17.38/yr 17.79/yr 15.95/yr 11/17/2017 9/24/2018 3/01/2018 4/14/2018 5/01/2018 12/15/2018 5/0I/2017 5/01/2018 9/19/2018 8/08/2018 4/18/2015 2/01/2018 8/01/2018 2/01/2018 5/16/2018 12/09/2017 9/15/2018 7/14/2018 8/24/2018 3/14/2018 6/12/2018 9/25/2018 9/01/2018 9/01/2018 10/05/2018 7/21/2018 11/01/2018 5/15/2016 6/20/2018 11/01/2018 11/01/2018 10/15/2016 10/05/2018 11/09/20I8 5/05/2018 12/11/2017 10/11/2018 3/08/2018 1/01/2019 5/25/2015 9/28/2018 11/06/2017 5/21/2018 12/01/2018 6/12/2018 12/07/2018 1I/30/2018 600.00 9/30/2019 600.00 2/28/2019 600.00 12/31/2018 600.00 4/30/2019 600.00 6/30/2019 600.00 4/30/2018 600.00 4/30/2019 600.00 6/30/2019 600.00 7/31/2019 600.00 10/31/2015 600.00 1/31/2019 600.00 1/31/2019 600.00 1/31/2019 600,00 2/28/2019 600.00 5/31/2018 600.00 9/30/2019 600.00 0.00 6/30/2019 600.00 8/31/2019 600.00 2/28/2019 600.00 5/31/2019 600,00 3/31/2019 600.00 2/28/2019 600.00 2/28/2019 600.00 6/30/2019 600.00 4/30/2019 600.00 9/30/2019 600.00 11/30/2016 600.00 2/28/2019 600.00 4/30/2019 600.00 4/30/2019 600.00 5/31/2017 600.00 3/31/2019 600.00 4/30/2019 600.00 4/30/2019 600.00 5/31/2018 600.00 9/30/2019 600.00 8/31/2018 600.00 6/30/2019 600.00 6/30/2015 250.00 600.00 9/30/2019 600.00 4/30/2018 600.00 0.00 5/31/2019 600.00 11/30/2019 600.00 11/30/2018 600.00 5/31/2019 600.00 12/28/2018 User: HEIDI Unit Reference Number Occupant Name Vintage Corporation 9:02:33AM Page 109 of 156 Rent Roll Report Property : Creekview Investments, LLC. Monthly Rent Square Feet Rent Per Square Feet Lease Starting Lease Exp Deposits Date Date Held 640-L105 640-L106 640-L107 640-L200 640-L201 640-L202 640-L203 640-L204 640-L205 640-L206 640-L207 640-L300 640-L301 640-L302 640-L303 640-L304 640-L305 640-L306 640-L307 640-N 100 640-N101 640-N102 640-N103 640-N104 640-N105 640-N106 640-N200 640-N201 640-N202 640-N203 640-N204 640-N205 640-N206 640-N300 640-N301 640-N302 640-N303 640-N304 640-N3 05 640-N306 640-O100 640-O101 640-O102 640-O103 640-O104 640-O105 640-O106 640-O200 640-O201 MODEL UNIT Irvin, April Colin, Samantha Joshi, Akshata Austin, Bobbie Thiessen, Justine Swanson, Roy Condit, Chevy Furlan, Daniel Ramaekers, Taylor Big Bear Construction Adler Hot Oil Service, LLC Rayburn, Ay:a, Cole, Morgan Keenen, Kelsey Eikenberg, Lacey Lordemann, Gunnar Harris, Holly VACANT Smith, Tamara Canady, James Jr Parise:, Karen Baker, Kylie Soria, Vanessa Sanchez, Jesus Hutson, Morgan Fridrich, Jeffrey Hamilton, Harvey Arrabit, Greg Wilson, Bailey Boykin, Bear Miller, Erin. Wendling, Jessica Weber, Logan Ko:enut, Andreas Tuttle, Jeremy Chidester, Lorraine Brush Country Studios Hilim, Aiexa Santos,Jose (ESA x2) Pastern, Juan Heins, Dolores Lauden, Austin Dew, James Mach 2 Construction Rhoades, Rhonda Robbiano, Peter DeShields, James Brownell, Alexandria VACANT 0.00 1,3 50.00 1,300.00 1,300,00 1,3 75.00 1,050.00 1,075.00 1,100.00 1,080.00 1,300.00 1,200.00 1,325.00 1,375.00 945.00 1,075.00 1,075.00 1,075.00 I,250.00 1,300.00 1,325.00 1,350.00 1,050.00 725.00 1,075.00 1,300.00 1,300.00 1,270.00 1,300.00 1,050.00 1,675.00 1,075.00 1,350.00 1,325.00 1,325.00 1,375,00 1,025.00 0.00 1,100.00 1,350.00 1,325.00 1,050.00 1,075.00 1,075.00 1,650.00 1,000.00 1,350.00 1,300.00 1,055.00 1,075.00 1,403 725 725 985 790 790 1,076 985 790 790 790 1,076 985 985 I,076 725 725 790 790 1,076 985 985 1,076 725 725 790 790 1,076 985 985 1,076 725 1,403 790 1,076 985 790 1,076 725 1,403 790 1,076 985 790 790 725 1,403 0.00/yr 15.06/yr 15.84/yr I5.84/yr 15.33/yr 17.38/yr 17.79/yr 16.71/yr 16.41/yr 14.50/yr 14.62/yr 16.14/yr 15.33/yr 15.64/yr 17.79/yr 16.33/yr 16.33/yr 13.94/yr 15.84/yr 16.I4/yr 15.06/yr 17.38/yr 6.20/yr I6.33/yr 14.50/yr 15.84/yr 19.29/yr 14.50/yr 17.38/yr 14.33/yr 16.33/yr 15.06/yr 16.14/yr 20.13/yr 20.89/yr 16.97/yr 0.00/yr 0 0.00/yr 15.06/yr 16.14/yr 15.95/yr 16.33/yr 0 0.00/yr 14.11/yr 16.55/yr 22.34/yr 15.84/yr 16.03/yr 16.33/yr 0.00 8/01/2018 1/31/2019 600.00 9/30/2017 3/31/2018 600.00 6/17/2017 3/31/2018 600.00 5/2I/2018 5/31/2019 600.00 11/01/2018 7/31/2019 600.00 8/04/2017 1/31/2018 600.00 12/26/2018 12/31/2019 600.00 9/01/2018 8/31/2019 600.00 1/01/2019 6/30/2019 600.00 6/18/2016 6/30/20I7 600.00 11/09/2018 4/30/2019 600.00 8/04/2018 7/31/2019 600.00 10/16/2018 2/28/2019 600.00 6/29/2018 6/30/2019 600.00 12/01/2018 5/31/2019 600.00 8/01/2018 7/31/2019 600.00 0.00 6/I8/2016 12/31/20I6 600.00 10/01/2018 3/31/2019 600.00 6/0I/20I8 5/31/2019 600.00 10/01/2018 9/30/2019 600.00 3/01/2018 3/31/2018 250.00 2/17/2018 11/30/2018 600,00 4/01/2018 3/31/2019 600.00 8/01/2018 8/31/2018 600.00 7/0112018 6/30/2019 600.00 3/25.'2017 3/31/2018 600.00 1/12/2019 12/31/2019 0.00 6/29/2018 3/31/2019 600.00 6/01/2018 9/30/2018 600.00 10/01/2018 6/30/20I9 600.00 8/08/2018 1/31/2019 600.00 12/01/2018 4/30/20I9 600.00 12/11/2018 11/30/2019 600.00 12/15/2018 I2/31/2019 600.00 6/12/2017 6/30/2017 0.00 9/10/2018 2/28/2019 600.00 11/01/2018 3/31/2019 600.00 10/23/2018 4/30/2019 600.00 3/02/2018 2/28/2019 600.00 5/01/2018 4/30/2019 600.00 6/07/2018 5/31/2019 600.00 7/01/2018 6/30/2019 600.00 1/01/20I9 6/30/2019 600.00 5/08/2017 10/31/2017 600.00 3/10/2017 2/28/2018 600.00 5/01/2018 4/30/2019 600.00 0.00 12/28/2018 User: HEIDI Unit Reference Number Occupant Name Vintage Corporation 9:02:33AM Page 110 of 156 Rent Roll Report Property : Creekview Investments, LLC. Monthly Rent Square Feet Rent Per Square Feet 640-O202 640-O203 640-O204 640-O205 640-O206 640-O300 640-O301 640-O302 640-O303 640-O304 640-O305 640-O306 640-P100 640-P101 640-P102 640-P103 640-P104 640-P105 640-P106 640-P200 640-P201 640-P202 640-P203 640-P204 640-P205 640-P206 640-P300 640-P301 640-P302 640-P303 640-P304 640-P305 640-P306 640-Q100 640-QI01 640-Q102 640-Q103 640-Q 104 640-Q105 640-Q 106 640-Q200 640-Q201 640-Q202 640-Q203 640-Q204 640-Q205 640-Q206 640-Q300 640-Q301 Trembach, Stanislav Smith, Charlene Patel, Sunny Knaus, Tanner Doolittle, Elizabeth Dalton, Alan Jr Arisman, Karli Welch, Charles Murray, Timothy Guerrero, Gabriela Rodriguez, Fernando Jr & Sr Giday, Azob Marquez, Sandra Murillo, Alexis Mengel, Gunner Prarie Mtr. Wildlife Studio Llamas, Daisha Agosto, Javier Cargin, Zacf. Sanchez, Jose Jr Shepperd, Amanda Najera, David II Ideal Completion Services, LLC Jennings, Micah Smith, Erica Flores, Sonia KLX Energy Services Urdaneta, Marianna Rouse, Kenneth Cole Emerald Coast Cleaning Service DiSalie, Michaela Pride, Kelly Emerald Coast Cleaning Service Empsor., Richard Worsham, Clifton (ESA) Sheehy, Tiffany (ESA x2) KLX Energy Services Klug, Phyllis Hill, Laurissa Garcia, Matthew Telting, Dion Parmelee, Noah Leal-Coronel, Abril Higginbotham, Cicely Guzman -Lopez, Doren Soper, Christopher VACANT Rauda, Stephanie Monahan, Elizabeth 1,075.00 1,675.00 1,075.00 1,300.00 1,250.00 1,100.00 1,100.00 1,075.00 1,675.00 1,125.00 1,350.00 1,325.00 I,300.00 1,375.00 1,075.00 0.00 1,100.00 1,350.00 1,250.00 1,325.00 1,350.00 1,075.00 1,675.00 1,075.00 1,300.00 1,300.00 1,325.00 1,325.00 `,075.00 1,650.00 1,075.00 1,350.00 1,300.00 1,075.00 1,100.00 1,075.00 1,675.00 I,030.00 1,325.00 1,300.00 1,100.00 1,075.00 1,075.00 1,675.00 1,100.00 1,375.00 1,300.00 1,055.00 1,100.00 725 1,403 790 1,076 985 790 790 725 1,403 790 1,076 985 985 1,076 725 1,403 790 1,076 985 985 1,076 725 1,403 790 1,076 985 985 790 725 1,403 790 1,076 985 790 790 725 1,403 790 1,076 985 790 790 725 1,403 790 1,076 985 790 790 I7.79/yr 14.33/yr 16.33/yr 14,50/yr 15.23/yr 16.71/yr 16.71/yr 17.79/yr 14.33/yr 17.09/yr 15.06/yr 16.14/yr 15.84/yr 15.33/yr 17.79/yr 0.00/yr 16.71/yr 15.06/yr 15.23/yr 16.14/yr 15.06/yr 17.79/yr 14.33/yr 16.33/yr 14.50/yr 15.84/yr 16.14/yr 20.13/yr 17.79/yr I4.11/yr 16.33/yr 15.06/yr 15.84/yr 16.33/yr 16.71/yr 17.79/yr 14.33/yr 15.65/yr 14.78/yr 15.84/yr 16.71/yr 16.33/yr 17.79/yr 14.33/yr 16.71/yr 15.33/yr. 15.84/yr 16.03/yr 16.71/yr Lease Starting Lease Exp Deposits Date Date Held 11/01/2018 7/31/2019 600.00 6./13/2018 5/31/2019 600.00 3/28/2017 9/30/2017 600.00 6/01/2018 2/28/2019 600.00 8!0112018 7/31/2019 600.00 10/04/2018 6/30/2019 600.00 11/01/2018 10/31/2019 600.00 10/04/2018 9/30/2019 600.00 11/10/2018 10/31/2019 600.00 11/01/2018 10/31/2019 600.00 3/01/2018 8/31/2018 600.00 7/28/2018 1/31/2019 600.00 4/10/2018 9/30/2018 600.00 6/08/2018 5/31/2019 600.00 9/08/2018 8/31/2019 600.00 10/30;2018 11/30/2018 0.00 9/01/2018 5/31/2019 600.00 3/13;2018 2/28/2019 600.00 6/01/2018 5/31/2019 600.00 10/30/2018 3/31/2019 600.00 7/01/2018 6/30/2019 600.00 12/01/2018 5/31/2019 0.00 12/15/2018 6/30/2019 600.00 8/01/2018 7/31/2019 600.00 7/01/2018 6/30/2019 600.00 2/02/2018 7/31/2018 600.00 5/21/2018 5/31/2019 600.00 3/01/2018 2/28/2019 600.00 11/13/2018 4/30/2019 600.00 1/09/2018 12/31/2018 600.00 3/14/2018 2/28/2019 600.00 9/17/2017 2/28/2018 600.00 11/15/2017 11/30/2018 600.00 3/09/2018 2/28/2019 600.00 5/10/20I8 4/30/2019 600.00 7/11/2018 6/30/2019 600.00 10/05/2018 3/31/2019 600.00 7/01/2018 6/30/2019 600.00 7/12/2017 12/31/2017 600.00 12/07/2018 5/31/2019 600.00 5/19/2018 5/31/2019 600.00 1/12/2018 6/30/2018 600.00 8/27/2018 8/31/2019 600.00 10/05/2018 3/31/2019 600.00 9/01/2018 2/28/2019 600.00 8/17/2018 2/28/2019 600.00 0.00 6/01/2018 2/28/2019 600.00 10/09/2018 6/30/2019 600.00 12/28/2018 User: HEIDI Unit Reference Number Occupant Name Vintage Corporation Rent Roll Report Property : Creekview Investments, LLC. Monthly Rent Square Feet Rent Per Square Feet Lease starting Date 9:02:33AM Page 111 of 156 Lease Exp Deposits Date Held 640-Q302 640-Q303 640-Q304 640-Q305 640-Q306 Cantu, Alfonso Jr & Sr Builders Romero, Exzandra Reneaud, Nikki Schwartzkope, Corey PROPERTY TOTALS : 1,075.00 0 0.00 1,403 1,100.00 790 1,375.00 1,076 1,275.00 985 Total Occupied Rents 413,355.00 Total Vacant Rents 8,400.00 Total Gross Rents 421,755.00 Total Square Footage 322,409 Average Rent/Sq. Ft. /Yr. 15.70 Average Rent/Sq. Ft. /Mth 1.31 Total Security Deposits 199,100.00 0.00/yr 0.00/yr 16.71/yr 15.33/yr 15.53/yr 7/14/2018 7/13/2018 9/14/2018 7/06/2018 7/01/2018 Percentage of Occupied Units Total Occupied Units Total Vacant Units Total Units Percentage Occupied 340 8 348 98% 6/30/2019 600.00 12/31/2018 600.00 2/28/2019 600.00 6/30/2019 600.00 6/30/2019 600.00 Percentage of Occupied Sq. Feet Total Occupied Sq. Feet Total Vacant Sq. Feet Total Square Footage Percentage Occupied 314,841 7,568 322,409 98% CONSENT TO ACTION OF THE MEMBERS AND MANAGER OF CREEK VIEW INVESTMENTS, LLC A COLORADO LIMITED LIABILITY COMPANY Pursuant to the provisions of the Colorado Limited Liability Company Act, the following action is taken by the Members and Manager of Creek View Investments, LLC. WHEREAS, it is the desire of the Members and Manager of the Company to authorize and define the actual signatory authority of the following individuals for and on behalf of and in the name of the Company to execute and deliver various document, therefore; BE IT RESOLVED, that JLD Holdings, LLC and/or LB Holdings, LLC and/or Jeff Demaske and/or Larry S. Buckendorf and/or Darrell McAllister, each in its/their single or individual capacity, is authorized for and on behalf of and in the name of the Company to execute and deliver any and all documents deemed necessary, required and associated with a sale and purchase of real estate, financing documentation closing documents including, but not limited to, any of the following instruments; contracts of purchase or sale, warranty deeds, deeds, deeds of trust, mortgages, promissory notes, assumption documents, transfer of escrow funds and insurance policies, closing and settlement statements and all other documents relative thereto. BE IT FURTHER RESOLVED, that any and all acts authorized pursuant to this Resolution are hereby ratified and approved and that this Resolution shall remain at full force and effect and a title company or lender may rely on such Resolution until written notice of its revocation shall have been delivered to and received by any such entity. Any such notice shall not affect any of the Company's agreements or commitments in affect at the time notice is given or in affect at the time this Resolution was ratified and approved. IN WITNESS WHEREOF, the undersigned, constituting the Members and Manager of the Company has executed this Consent to Action of the Members and Manager on the date set forth after its respective name. JLD Holdings, LLC a Colorado limited liability company By: Its: Member/Manager LB Holdings, LLC a Colorado limited liability company Larry S. cken`dorf _ Its: ;ember/Manager Date Hello