Pre-Effective Amendment to Registration Statement for Securities of a Real Estate Company — Form S-11
Filing Table of Contents
Document/Exhibit Description Pages Size
1: S-11/A Pre-Effective Amendment to Registration Statement 259 1.12M
for Securities of a Real Estate Company
2: EX-1.1 Underwriting Agreement 22 82K
3: EX-3.1 Articles of Incorporation/Organization or By-Laws 54 245K
4: EX-5.1 Opinion re: Legality 2 16K
5: EX-8.1 Opinion re: Tax Matters 3 21K
6: EX-10.1 Material Contract 16 69K
14: EX-10.10 Material Contract 31± 178K
15: EX-10.11 Material Contract 20 163K
16: EX-10.13 Material Contract 5 27K
17: EX-10.14 Material Contract 72 372K
18: EX-10.15 Material Contract 61 336K
7: EX-10.2 Material Contract 10 43K
19: EX-10.23 Material Contract 34 106K
20: EX-10.24 Material Contract 1 12K
21: EX-10.25 Material Contract 35 112K
22: EX-10.26 Material Contract 1 13K
23: EX-10.27 Material Contract 2 16K
24: EX-10.28 Material Contract 4 27K
25: EX-10.29 Material Contract 3 19K
8: EX-10.3 Material Contract 9 39K
26: EX-10.30 Material Contract 26 91K
27: EX-10.31 Material Contract 1 12K
28: EX-10.32 Material Contract 2 15K
29: EX-10.33 Material Contract 3 17K
30: EX-10.34 Material Contract 2 15K
31: EX-10.35 Material Contract 1 12K
9: EX-10.4 Material Contract 3 17K
10: EX-10.5 Material Contract 13 65K
11: EX-10.7 Material Contract 18 63K
12: EX-10.8 Material Contract 5 32K
13: EX-10.9 Material Contract 19 151K
32: EX-23.1 Consent of Experts or Counsel 2± 14K
33: EX-99 Miscellaneous Exhibit 12 50K
EX-10.15 — Material Contract
| EX-10.15 | 1st Page of 61 | TOC | ↑Top | Previous | Next | ↓Bottom | Just 1st |
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Exhibit 10.15
EXHIBIT A
REPORTING PACKAGE
See Attached.
The Bainbridge
Companies
BC-Bainbridge
Timuquana LLC
JULY 2003
FINANCIAL REPORTS
TABLE OF CONTENTS
OAKS AT TIMUQUANA
[Download Table]
Executive Summary Section 1
Budget Variance Report Section 2
Balance Sheet Section 3
Income Statement & Budget Comparison Section 4
Rent Roll Section 5
Aged Delinquency Detail & Prepaid Summary Section 6
Calculation of Property Management Fee Section 7
Cash Flow Section 8
OAKS AT TIMUQUANA
JACKSONVILLE, FLORIDA
EXECUTIVE SUMMARY
JULY 2003
OPERATING STRATEGY
The operating strategy for the Oaks at Timuquana is to re-position the property
in the submarket through planned capital improvements and more opportunistic
management. The improved curb appeal and elevated level of customer service is
expected to favorably impact leasing and rental rates.
OPERATIONAL HIGHLIGHTS
In the month of July the focus was on implementing standard policies and
procedures and using those polices as a tool to provide excellent to service to
the current and potential residents.
LEASING AND OCCUPANCY
During July a total of 16 units were leased. The top source of lease traffic was
the Apartment Guide and drive-by traffic was a close second. Turnover was
annualized at 68%, as 13 residents vacated during the month. Military transfers
represented only one move-out for the month. The net impact of the move-in/out
activity for the month resulted in an occupancy level of 89% at month end.
MARKET CONDITIONS
See Market Survey.
MARKETING
Continued advertising through Apartment Guide and Homestore.com constituted a
majority of the marketing efforts. Enhancing the curb appeal of the property
through the placement of flags continues to bring in drive by traffic.
STAFFING
Michelle Kimpson Property Manager
LeeAnn Galloway Assistant Property Manager
Teena Myers Leasing Consultant
Ray DeClemente Maintenance Supervisor
Warren Hodges Maintenance Assistant
Darren (Fern) Childs Groundskeeper
1
CONSTRUCTION/RENOVATION
The architect has issued plans and recommendations for the exterior renovation
of the property. The electrical retrofit of the aluminum wiring has been
completed as required. The tree trimming has been completed. Additionally in
July the contract for the roof replacement was awarded.
2
BCP MARKET SURVEY Project: The Oaks of Timuquana
Aug-03 Location: Jacksonville, FL
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ILLEGIBLE
The Oaks of TIMUQUANA -
BAINBRIDGE COMPS
Planters Walk 144 92% 1973 24-1/1 534 $ 519
48-1/1 660 $ 589
??? Park 904 85% 1968 34-1/1 650 $ 570
30-1/1 750 $ 815
38-1/1 875 $ 201
Hidden Harbor 384 68% 1971 ? 1,040 $ 855
Avg. - Planters Walk 144 92% 1973 NA NA NA 697 $ 544
Avg. - ??? Park 904 85% 1968 NA NA NA 758 $ 879
Avg. - Hidden Harbor 384 68% 1971 NA NA NA 1,040 $ 855
SUBJECT ??? 1971 32-EFF ??? ??? ? 131
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ILLEGIBLE
The Oaks of TIMUQUANA -
BAINBRIDGE COMPS
$ 0.?? ?? - ?? 1,085 ? $ 0.68 12 - 3/2 1,230 $ ?
$ 0.00 ?? - ?? ??? ? $ 0.70
Park $ 0.88 48 - 2/1 ?50 $ 734 $ 0.77 04 - 3/2 1,450 $ ?
0.?? 50 - 2/2 1,040 $ 705 $ 0.78
0.?? ????? 1,176 $ ? $ 0.74
12 - 2/2 1,730 $ 882 $ 0.72
$ 0.83 12 - 2/1 1,127 $ ? $ ? 20 - 3/2 1,??? $ ?
20 - 2/1.5 1,120 $ 670 $ 0.50 10 - 3/2 1,480 $ ?
10 - 2/1.5 1,213 $ ? $ 0.57 10 - 3/2 1,550 $ ?
8 - 2/2 1,213 $ ? $ 0.57
Avg. - Planters Walk $ 0.82 1,??? $ 704 ? 1,210 $ 855
Avg. - ??? Park $ 0.83 1,??? $ ???? $ 0.75 1,450 $ 928
Avg. - Hidden Harbor $ 0.83 1,??? $ 881 $ 0.58 1,408 $ ???
SUBJECT $ 0.83 41 - 2/1 1,??? $ ?.?4 44 - 3/2 1,3?? $ ???
24 - 2/2 1,176 $ ???? $ ?.?4
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ILLEGIBLE
The Oaks of TIMUQUANA -
BAINBRIDGE COMPS
Planters Walk $ 0.71 Y Y Y Y Y Y Y
??? Park $ 0.?? Y Y Y Y Y Y Y Y
Hidden Harbor $ 0.68 Y Y Y Y Y Y
$ 0.59
$ 0.55
Avg. - Planters Walk $ 0.71
Avg. - ??? Park $ 0.84
Avg. - Hidden Harbor $ 0.??
SUBJECT $ 0.??
%-% 0% 0% 0% 0%
NOTES:
OAKS AT TIMUQUANA
BUDGET VARIANCE REPORT
JULY 2003
Revenues
TOTAL RENTAL INCOME
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ACTUAL BUDGET VARIANCE %
------ ------ -------- ---
MONTH 105,273.37 120,661.00 (15,387.63) (12.75)
YTD 275,075.93 283,325.13 (8,749.20) (3.08)
COMMENTS:
The unfavorable variance is due to a higher than anticipated vacancy and loss to
lease. In July concessions were offered on the property that had not previously
been offered.
OTHER INCOME
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ACTUAL BUDGET VARIANCE %
------ ------ -------- ---
MONTH 11,432.32 2,801.00 8,631.32 308.15
YTD 17,162.88 8,017.35 9,145.53 114.07
COMMENTS:
The favorable variance was due to an adjustment from the AMSI conversion.
Expenses
ON-SITE STAFF
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ACTUAL BUDGET VARIANCE %
------ ------ -------- ---
MONTH 18,019.50 20,101.00 2,081.50 10.36
YTD 33,306.32 37,130.00 3,823.68 10.30
COMMENTS:
The favorable variance for July was due to lower than anticipated employee
bonuses and benefits. However it was slightly offset by the cost associated with
temporary help utilized during the staffing process, maintenance wages and
unemployment insurance costs.
3
UTILITIES
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ACTUAL BUDGET VARIANCE %
------ ------ -------- ---
MONTH 9,942.64 8,951.00 8.36 .09
YTD 17,160.76 18,366.58 1,205.82 6.57
COMMENTS:
Utility expenses were accrued and are expected to be within budgeted guidelines.
Utility bills were not received in a timely manner due to errors made by the
City of Jacksonville.
HVAC
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ACTUAL BUDGET VARIANCE %
------ ------ -------- ---
MONTH 1,010.36 900.00 (110.36) (12.26)
YTD 2,339.86 1,800.00 (539.86) (29.99)
COMMENTS:
The unfavorable HVAC variance was a result of repairs necessary due to a backlog
of service requests.
REPAIRS AND MAINTENANCE
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ACTUAL BUDGET VARIANCE %
------ ------ -------- ---
MONTH 3,591.39 10,400.00 6,808.61 65.47
YTD 13,027.99 20,760.61 7,732.62 37.25
COMMENTS:
The favorable variance is related to many deferred maintenance items being
included in the renovation budget.
LANDSCAPE
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ACTUAL BUDGET VARIANCE %
------ ------ -------- ---
MONTH 1,500.00 2,500.00 1,000.00 40.00
YTD 3,483.87 9,183.87 5,700.00 62.07
COMMENTS:
The favorable variance was due to the deferral of plant replacement until the
exterior renovation is further along.
4
CLEANING
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ACTUAL BUDGET VARIANCE %
------ ------ -------- ---
MONTH 2,752.92 88.00 (1,287.00) (1,462.50)
YTD 4,723.72 220.00 (4,503.72) (2,047.15)
COMMENTS:
The unfavorable variance was a result of increased costs to clean units in
preparation for move-in. Until renovated units are delivered, non-renovated
units are being leased in an effort to increase occupancy. Upon delivery of
renovated units, expenses associated with unit turnover are expected to be
reduced.
INSURANCE AND TAXES
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ACTUAL BUDGET VARIANCE %
------ ------ -------- ---
MONTH 16,744.00 16,367.00 (377.00) (2.30)
YTD 33,488.00 32,734.00 (754.00) (2.30)
COMMENTS:
Expenses were within budgeted guidelines.
FEES AND DUES
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ACTUAL BUDGET VARIANCE %
------ ------ -------- ---
MONTH 4,999.17 4,321.00 (678.17) (15.00)
YTD 11,935.18 10,240.95 (1,694.23) (16.54)
COMMENTS:
The unfavorable variance was due to higher revenue than budgeted.
OFFICE EXPENSES
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ACTUAL BUDGET VARIANCE %
------ ------ -------- ---
MONTH 3,031.04 1,100.00 (1,931.04) (175.55)
YTD 5,590.84 2,254.22 (3,336.62) (148.02)
COMMENTS:
The unfavorable variance was due to costs associated with restocking the office
with basic office supplies, the copier lease, etc.
POOL AND TENNIS COURTS
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ACTUAL BUDGET VARIANCE %
------ ------ -------- ---
MONTH 404.35 800.00 395.65 49.46
YTD 729.24 1,600.00 870.76 54.42
COMMENTS:
The favorable variance is due to in-house pool care versus the use of a contract
service.
5
ADMINISTRATIVE
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ACTUAL BUDGET VARIANCE %
------ ------ -------- ---
MONTH 952.30 626.00 (326.30) (52.12)
YTD 1,926.67 1,322.00 (604.67) (45.74)
COMMENTS:
The unfavorable variance was due to costs associated with the eviction of
residents who had not paid rent.
MARKETING AND ADVERTISING
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ACTUAL BUDGET VARIANCE %
------ ------ -------- ---
MONTH 966.28 2,450.00 1,483.72 60.56
YTD 1,588.51 5,037.42 3,448.91 68.47
COMMENTS:
The favorable variance was due to no brochure printing costs or locator fees.
6
Bc-Bainbridge Timuquana LLC
Balance Sheet
July 31, 2003
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CURRENT ASSETS
CASH & CASH EQUIVALENTS
Wachovia Operating Account $ 78,151.68
Wachovia Security Deposit 32,766.00
Real Estate Tax Escrow 104,073.75
Completion Escrow 26,174.00
Capital Improvements Escrow 2,161,313.00
----------------
TOTAL CASH $ 2,402,478.43
ACCOUNTS RECEIVABLE
A/R. - Tenants $ 7,335.17
A/R. - NSF Checks 3,666.00
----------------
TOTAL ACCOUNTS RECEIVABLE $ 11,001.17
INVESTMENT PROPERTY
Land $ 1,550,000.00
Building 6,461,188.98
Accum. Deprec. - Building (41,960.56)
Furniture, Fixtures & Equip. 685,555.72
Accum. Deprec. - Furn/Fix/Equ (86,127.86)
----------------
TOTAL INVESTMENT PROPERTY $ 8,568,656.28
OTHER ASSETS
Loan Costs $ 120,684.49
Accum. Amort - Loan Costs (1,436.72)
----------------
TOTAL OTHER ASSETS $ 119,247.77
DEPOSITS
Utility Deposits $ 11,500.00
----------------
TOTAL DEPOSITS $ 11,500.00
PREPAID EXPENSES
Prepaid Insurance $ 4,368.56
----------------
TOTAL PREPAIDS $ 4,368.56
DEVELOPMENT IN PROGRESS
Hard Costs- Construction $ 25,523.72
----------------
SOFT COSTS - DEV
TOTAL DEVELOPMENT $ 25,523.72
----------------
TOTAL ASSETS $ 11,142,775.93
----------------
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LIABILITIES
CURRENT LIABILITIES
Accounts Payable $ 7,304.92
Accrued Expenses 15,635.71
Management Fee Payable 4,969.17
A/P - Prior Owner 4,555.73
Intercompany Payable 10.70
----------------
TOTAL CURRENT LIABILITIES $ 32,476.23
OTHER LIABILITIES
Accrued Property Taxes $ 58,421.07
Prepaid Rents - Monthly 17,274.89
Security Deposits-Tenant 32,098.00
----------------
TOTAL OTHER LIABILITIES $ 107,793.96
NOTES PAYABLE
Mortgage Payable $ 6,474,000.00
----------------
TOTAL NOTES PAYABLE $ 6,474,000.00
----------------
TOTAL LIABILITIES $ 6,614,270.19
OWNER'S EQUITY
Boston Capital Equity $ 4,550,982.35
Net Income (Loss) (22,476.61)
----------------
TOTAL OWNERS' EQUITY $ 4,528,505.74
----------------
TOTAL LIABILITIES & EQUITY $ 11,142,775.93
----------------
Bc-Bainbridge Timuquana LLC
Income Statement
For the Period Ended July 31, 2003
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CURRENT YTD
ACTIVITY % NET %
INCOME
Market Rents $ 149,340.00 127.96 $ 343,273.00 117.46
Vacancy Loss (17,668.63) (15.14) (29,541.75) (10.11)
Rent Concessions (4,484.00) (3.84) (4,484.00) (1.53)
Model & Employee Units (1,076.00) (.92) (3,202.00) (1.10)
Loss/Gain to Lease (20,838.00) (17.86) (30,969.32) (10.60)
--------------- ------------ --------------- ------------
TOTAL RENTAL INCOME $ 105,273.37 90.20 $ 275,075.93 94.13
OTHER INCOME
Administrative Fee Income $ 199.00 .17 $ 199.00 .07
Other Income 7,051.85 6.04 10,743.87 3.68
Telephone Income 499.00 .43 499.00 .17
Late Charge Income 513.00 .44 513.00 .18
NSF Fee Income 135.00 .12 135.00 .05
Vending Income 1,088.97 .93 2,102.84 .72
Application Fee Income 154.00 .13 154.00 .05
Pet Rent Income 728.00 .62 728.00 .25
Termination Fees 748.00 .26
Washer & Dryer Rental Inco 586.83 .50 586.83 .20
Month to Month Fees 476.67 .41 753.34 .26
--------------- ------------ --------------- ------------
TOTAL OTHER INCOME $ 11,432.32 9.80 $ 17,162.88 5.87
--------------- ------------ --------------- ------------
TOTAL REVENUE $ 116,705.69 100.00 $ 292,238.81 100.00
--------------- ------------ --------------- ------------
OPERATING EXPENSES
ON SITE STAFF
Leasing Wages $ 3,710.83 3.18 $ 5,897.74 2.02
Leasing Bonuses 1,040.19 .89 1,040.19 .36
Maintenance Wages 6,864.33 5.88 12,305.21 4.21
Property Manager Wages 730.77 .63 730.77 .25
Temporary Help - Admin 2,653.25 2.27 2,653.25 .91
Payroll Taxes 1,213.75 1.04 1,984.94 .68
Employee Benefits 1,069.71 .92 1,069.71 .37
Employee Uniforms 805.00 .28
Employee Education 45.00 .04 45.00 .02
Unemploy. Insur/Workers Co 691.67 .59 1,212.71 .41
Temporary Personnel 5,561.80 1.90
--------------- ------------ --------------- ------------
TOTAL ON-SITE STAFF $ 18,019.50 15.44 $ 33,306.32 11.40
UTILITIES
Electricity - Vacant Units $ 1,000.00 .86 $ 2,000.00 .68
Electricity-House 1,215.00 1.04 2,430.00 .83
Gas - Facilities 168.62 .14 501.16 .17
Compactor Rental 35.00 .01
Trash Hauling 1,559.02 1.34 2,023.60 .69
Confidential: For Internal Use Only
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CURRENT YTD
ACTIVITY % NET %
Water & Sewer - Facilities $ 5,000.00 4.28 $ 10.171.00 3.48
--------------- ------------ --------------- ------------
TOTAL UTILITIES $ 8,942.64 7.66 $ 17,160.76 5.87
HVAC
HVAC $ 330.64 .11
HVAC Repairs & Maintenance 956.68 .82 1,916.69 .66
HVAC - Filters 53.68 .05 92.53 .03
--------------- ------------ --------------- ------------
TOTAL HVAC $ 1,010.36 .87 $ 2,339.86 .80
REPAIRS & MAINTENANCE
Repairs and Maintenance $ 11.29
Pest Control 308.66 .26 141.18 .05
Lightbulbs & Ballasts 164.64 .14 326.83 .11
Window Replacement 69.55 .06 256.80 .09
Locks & Keys 50.85 .04 152.90 .05
Painting 1,650.00 1.41 4,495.00 1.54
Painting Supplies 28.15 .02 72.43 .02
Plumbing Contract 65.00 .06 65.00 .02
Plumbing Supplies (815.36) (.70) 384.64 .13
Carpet Replacement 1,989.34 .68
General Building Supplies 180.10 .15 180.10 .06
Electrical Repairs 81.09 .07 81.09 .03
Flooring Repairs 85.00 .07 665.00 .23
Maintenance Supplies 85.00 .07 111.00 .04
Maintenance Equipment 25.55 .02 115.67 .04
Equip. Service/Maintenance 1,020.97 .87 1,020.97 .35
Misc. Repairs & Maintenance 592.19 .51 2,958.75 1.01
--------------- ------------ --------------- ------------
TOTAL REPAIRS & MAIN $ 3,591.39 3.08 $ 13,027.99 4.46
LANDSCAPE
Landscape - Contract Service $ 1,500.00 1.29 $ 3,000.00 1.03
Landscape - Maintenance 483.87 .17
--------------- ------------ --------------- ------------
TOTAL LANDSCAPE $ 1,500.00 1.29 $ 3,483.87 1.19
CLEANING
Carpet Cleaning $ 700.00 .60 1,250.00 .43
Cleaning - Common Area 575.00 .49 905.00 .31
Cleaning Supplies 102.92 .09 243.72 .08
Cleaning - Apartment 1,375.00 1.18 2,325.00 .80
--------------- ------------ --------------- ------------
TOTAL CLEANING $ 2,752.92 2.36 $ 4,723.72 1.62
BUILDING SERVICES
Washer & Dryer Rental Expens $ 972.31 .83 $ 972.31 .33
--------------- ------------ --------------- ------------
TOTAL BLDING SERVICES $ 972.31 .83 $ 972.31 .33
Confidential: For Internal Use Only
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CURRENT YTD
ACTIVITY % NET %
SECURITY & SAFETY
Security & Safety $ 129.44 .11 $ 129.44 .04
Monitoring Services 44.51 .02
Security Services 10.91
--------------- ------------ --------------- ------------
TOTAL SCRTY & SAFETY $ 129.44 .11 $ 184.86 .06
INSURANCE & TAXES
Insurance Expense $ 6,552.00 5.61 $ 13,104.00 4.48
Real Estate Taxes 10,192.00 8.73 20,384.00 6.98
--------------- ------------ --------------- ------------
TOTAL INSR & TAXES $ 16,744.00 14.35 $ 33,488.00 11.46
FEES AND DUES
Fees & Dues $ 30.00 .03 $ 30.00 .01
Management Fees 4,969.17 4.26 11,905.18 4.07
--------------- ------------ --------------- ------------
TOTAL FEES & DUES $ 4,999.17 4.28 $ 11,935.18 4.08
OFFICE EXPENSES
Copier Expense $ 436.53 .37 $ 449.14 .15
Office Equipment 73.55 .06 291.12 .10
Office Supplies 647.09 .55 752.86 .26
Postage 168.73 .14 184.36 .06
Printing 308.01 .11
Telephone (Office) 402.02 .34 1,521.47 .52
Internet Services 20.95 .02 20.95 .01
Office Utilities 30.98 .03 39.61 .01
Misc. Expenses 14.75 .01 162.07 .06
Mileage 211.25 .18 572.32 .20
Administrative Expense 880.00 .75 880.00 .30
ClubHouse Supplies/Refreshme 45.19 .04 128.68 .04
Answering Service 100.00 .09 280.25 10
--------------- ------------ --------------- ------------
TOTAL OFFICE EXPENSES $ 3,031.04 2.60 $ 5,590.84 1.91
CORPORATE MODEL & UNITS
Corporate & Model Units $ 58.59 .05 $ 58.59 .02
Model Unit Expense 291.96 .25 291.96 .10
--------------- ------------ --------------- ------------
TOTAL CORP MDL & UNIT $ 350.55 .30 $ 350.55 .12
POOL & TENNIS COURTS
Pool Maintenance & Supplies $ 404.35 .35 $ 729.24 .25
--------------- ------------ --------------- ------------
TOTAL POOL & TENNIS $ 404.35 .35 $ 729.24 .25
ADMINISTRATIVE
Bank Fees $ 49.00 .04 $ 49.00 .02
Legal Fees 786.00 .67 1,039.00 .36
Other Professional Fees 660.00 .23
Credit/Background Checks 117.30 .10 178.67 .06
--------------- ------------ --------------- ------------
TOTAL ADMINISTRATIVE $ 952.30 .82 $ 1,926.67 .66
Confidential: For Internal Use Only
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CURRENT YTD
ACTIVITY % NET %
MARKETING & ADVERTISING
Advertising & Marketing $ (137.42) (.12)
Marketing & Advertising (430.00) (.37)
Advertising & Promotion 1,533.70 1.31 1,588.51 .54
--------------- ------------ --------------- ------------
TOTAL MRKT & ADVT $ 966.28 .83 $ 1,588.51 .54
--------------- ------------ --------------- ------------
TOTAL OPERATING EXPENSES $ 64,366.25 55.15 $ 130,808.68 44.76
--------------- ------------ --------------- ------------
NET OPERATING INCOME (NOI) $ 52,339.44 44.85 $ 161,430.13 55.24
--------------- ------------ --------------- ------------
INTEREST EXPENSE
Mortgage Interest $ 23,306.40 19.97 $ 54,381.60 18.61
--------------- ------------ --------------- ------------
TOTAL INTEREST $ 23,306.40 19.97 $ 54,381.60 18.61
AMORTIZATION & DEPR
Amortization Expense $ 1,436.72 .49
Depreciation Expense 64,083.71 54.91 128,088.42 43.83
--------------- ------------ --------------- ------------
TOTAL AMRTZ & DEPR $ 64,083.71 54.91 $ 129,525.14 44.32
OTHER EXPENSES
Professional Service Fees
TOTAL OTHER EXPENSES
--------------- ------------ --------------- ------------
TOTAL NON-OPERATING EXP $ 87,390.11 74.88 $ 183,906.74 62.93
--------------- ------------ --------------- ------------
NET INCOME (LOSS) $ (35,050.67) (30.03) $ (22,476.61) (7.69)
--------------- ------------ --------------- ------------
Confidential: For Internal Use Only
BC-Bainbridge Timuquana LLC
Income Statement Budget Comparison
For the Period Ended July 31, 2003
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CURRENT PERIOD CURRENT TTD TTD
ACTIVITY BUDGET VARIANCE % NET BUDGET
INCOME
Market Rents $ 145,3?0.00 $ 145,437.00 $ 3,903.00 2.4? 343,273.00 $ 339,2?2.00
Vacancy Loss (17,668.63) (13,39?.00) (4,272.63) 31.?9 (29,541.75) (29,023.55)
Rent Concessions (4,484.00) (5,850.00) 1,366.00 (23.35) (4,484.00) (14,950.00)
Model & Employee Units (2,076.00) (6?6.00) (410.00) 6?.56 (3,202.00) (4,322.00)
Loss/Gain to Lease (20,838.00) (1,464.00) (15,514.00) 328.41 (30,969.32) (10,166.32)
------------ ------------ ------------ ------------ ------------ ------------
TOTAL RENTAL INCOME $ 105,2??.3? $ 120,661.00 $ (1?,387.63) (12.75) $ 275,075.93 $ 203,825.13
OTHER INCOME
Administrative Fee Income $ 1?9.00 1,0?0.00 $ (?0?.00) (?1.5?) $ 199.00 2,7?0.00
Other Income 7,051.?5 7,051.05 10,745.07 1,259.35
Telephone Income 4?9.00 261.00 238.00 ?1.15 499.00 261.00
Late Charge Income 513.00 1,000.00 (4?7.00) (4?.70) 513.00 2,000.00
?SF Fee Income 135.00 250.00 (11?.00) (46.00) 135.00 500.00
Vending Income 1,?85.9? 1,0??.97 2102.14
Application Fee Income 154.00 3?0.00 (206.00) (57.22) 154.00 920.00
? Rent Income 728.00 72?.00 72?.00
Termination Fees 1,240.00 (1,240.00) (100.00) 748.00 3,093.00
Washer & Dryer Rental Income 586.03 1,000.00 (413.17) (41.32) 586.03 2,000.00
Month to Month Fees 476.67 476.67 753.34
Bad Debt (2,390.00) 2,390.00 (100.00) (4,776.00)
------------ ------------ ------------ ------------ ------------ ------------
TOTAL OTHER INCOME $ 11,432.32 $ 7,801.00 $ 8,631.37 304.15 $ 17,162.?8 $ 8,017.35
------------ ------------ ------------ ------------ ------------ ------------
TOTAL REVENUE $ 116,705.69 $ 123,452.00 $ (6,756.3?) (5.47) $ 292,23?.?1 $ 291,842.4?
------------ ------------ ------------ ------------ ------------ ------------
OPERATING EXPENSES
? STAFF
Leasing wages $ 3,710.83 $ 3,840.00 $ 129.17 3.36 $ 5,497.74 $ 3,280.00
Leasing Bonuses 1,040.19 3,720.00 2,679.81 72.04 ?,040.19 4,720.00
Maintenance Wages 5,864.33 5,?00.00 (1,264.33) (22.5?) 12,305.21 11,?00.00
Property Manager Wages 730.77 ?,923.00 2,192.23 75.00 730.77 8,246.00
Temporary Help - Admin 2,453.25 (2,653.25) 1,6?3.25
Payroll Taxes 1,213.75 1,510.00 296.25 15.62 1,?84.?4 2,765.00
Employee Benefits 1,069.71 2,234.00 ?,164.29 52.12 1,069.71 4,413.00
Employee Uniforms 25.00 25.00 100.00 805.00 50.00
Employee Education 45.00 (45.00) 45.00
Unemploy - Insur/Workers Comp 491.67 24?.00 (442.67) (177.7?) 1,212.71 454.00
Temporary Personnel 5,361.80
------------ ------------ ------------ ------------ ------------ ------------
TOTAL ON-SITE STAFF $ 1?,019.?0 $ 20,101.00 $ 2,041.50 10.36 $ 33,306.32 $ 37,150.00
UTILITIES
Electricity - Vacant Units $ 1,000.00 $ 1,000.00 $ 2,000.00 $ 3,000.00
Electricity-House 1,215.00 1,415.00 2,430.00 3,430.00
as - Facilities 150.62 300.00 131.30 43.79 501.16 500.00
Computer Rental 35.00
Trash Hauling 1,559.02 1,265.00 (294.02) (23.24) 2,023.60 2,594.50
Water & Sewer facilities 5,000.00 5,171.00 171.00 3.31 30,1?1.00 10.342.00
------------ ------------ ------------ ------------ ------------ ------------
TOTAL UTILITIES $ ?,942.64 $ ?,951.00 $ 8.36 .0? $ 17,140.76 $ 1?,366.50
HVAC
HVAC 1,330.64
HVAC Repairs & Maintenance 956.6? 900.00 (36.60) (6.30) 1,916.69 ?,???.00
HVAC - Filters 51.6? (53.?4) 92.33
------------ ------------ ------------ ------------ ------------ ------------
TOTAL HVAC $ 1,010.36 $ 900.00 $ (110.36) (12.26) $ 2,339.86 $ 1,??0.00
REPAIRS & MAINTENANCE
Repair and Maintenance $ 62.29 $ 11.29
Pest Control 30?.66 570.00 261.34 45.85 141.14 929.3?
Lightbulbs & Ballasts 164.64 (164.64) 326.83
Window Replacement 69.55 (69.55) 256.10
Locks & Keys 50.85 (50.85) 152.90
Roofing - Repairs & Maint 380.00 300.00 100.00 760.00
Painting 1,650.00 850.00 (1,000.00) (133.85) 4,495.00 1,300.00
Painting Supplies 2?.15 (20.15) 72.43
Plumbing Contract 65.00 (65.00) 65.00
Fence/Retain Walls/Trash Enclos 300.00 300.00 100.00 600.00
Plumbing Supplies (415.36) 4,600.00 5,415.36 117.73 384.64 9,200.00
Structural Repairs 750.00 750.00 100.00 1,500.00
Carpet Replacement 1,9?9.34
General Building Supplies 100.10 450.00 269.50 39.98 180.10 900.00
Electrical Repairs 81.0? 1,200.00 1,110.91 93.24 81.09 2,400.00
Flooring Repairs 85.00 600.00 515.00 85.83 645.00 1,360.00
Maintenance Supplies 85.00 (?5.00) ?11.00
Maintenance Equipment 25.55 (25.55) ?25.67
Equip. Service/Maintenance 1,020.97 (1,020.97) 1,020.97
Misc. Repairs & Maintenance 592.19 (592.1?) 2,958.75
Appliance Repair/Replacement 500.00 500.00 100.00 1,000.00
Facilities Safety Equipment 400.00 400.00 100.00 ?00.00
------------ ------------ ------------ ------------ ------------ ------------
TOTAL REPAIRS & MAIN $ 3,591.39 $ 10,400.00 $ 6,808.61 63.47 $ 13,027.?? $ 20,750.51
LANDSCAPE
Landscape - Contract Services $ 1,500.00 $ 2,000.00 $ 500.00 2?.00 $ 3,000.00 $ 4,000.00
Landscape - Maintenance 300.00 300.00 100.00 483.8? 4,783.87
Sprinkler Repairs 200.00 200.00 100.00 400.00
------------ ------------ ------------ ------------ ------------ ------------
TOTAL LANDSCAPE $ 1,500.00 $ 2,500.00 $ 1,000.00 40.00 $ 3,483.8? $ 9,183.87
CLEANING
Carpet Cleaning $ 700.00 $ (700.00) $ 1,250.00
Cleaning - Common Area 375.00 (575.00) 905.00
Cleaning Supplies 102.52 (102.92) 243.72
TTD
VARIANCE %
INCOME
Market Rents $ 3,986.00 2.17
Vacancy Loss (51?.20) ?.79
Rent Concessions 10,466.00 (70.01)
Model & Employee Voice (?,840.00) 142.21
Loss/Gain to Lease (20,803.00) 204.63
------------ ------------
TOTAL RENTAL INCOME $ (8,349.20) (3.0?)
OTHER INCOME
Administrative Fee Income $ (2,561.00) (92.79)
Other Income 9,4??.52 753.13
Telephone Income 238.00 91.19
Late Charge Income (1,487,00) (74.55)
?SF Fee Income (365.00) (73.00)
Vending Income 2,302.04
Application Fee Income (766.00) (?3.26)
? Rent Income 72?.00
Termination Fees (2,345.00) (75.02)
Washer & Dryer Rental Income (1,413.17) (70.65)
Month to Month Fees 753.34
Bad Debt (4,77?.00) (100.00)
------------ ------------
TOTAL OTHER INCOME $ 9,145.53 114.0?
------------ ------------
TOTAL REVENUE $ 39?.33 .14
------------ ------------
OPERATING EXPENSES
? STAFF
Leasing wages $ (617.74) (11.70)
Leasing Bonuses 3,479.81 77.?6
Maintenance Wages (1,105.21) (9.07)
Property Manager Wages 7,515.23 91.14
Temporary Help - Admin (2,653.25)
Payroll Taxes 7?0.?? 20.21
Employee Benefits 3,343.29 75.76
Employee Uniforms (755.00) (1,510.00)
Employee Education (45.00)
Unemploy - Insur/Workers Comp (756.71) (165.95)
Temporary Personnel (5,561.00)
------------ ------------
TOTAL ON-SITE STAFF $ 3,823.6? 10.30
UTILITIES
Electricity - Vacant Units
Electricity - House
as - Facilities 38.?4 16.47
Computer Rental (35.00)
Trash Hualing 970.9? 32.42
Water & Power facilities 171.00 1.?5
------------ ------------
TOTAL UTILITIES $ 1,205.?2 ?.?7
HVAC
HVAC $ (330.64)
HVAC Repairs & Maintenance (114.49) (6.48)
HVAC - Filters (92.22)
------------ ------------
TOTAL HVAC $ (539.86) (39.99)
REPAIRS & MAINTENANCE
Repair and Maintenance
Pest Control 788.14 84.81
Lightbulbs & Ballasts (326.03)
Window Replacement (256.?0)
Locks & Keys (152.90)
Roofing - Repairs & Maint 7?0.00 100.00
Painting (3,195.00) (245.77)
Painting Supplies (72.43)
Plumbing Contract (65.00)
Fence/Retain Walls/Trash Enclos 100.00 100.00
Plumbing Supplies ?,??5.36 95.82
Structural Repairs 1,500.00 100.00
Carpet Replacement (1,9??.34)
General Building Supplies 719.?0 79.99
Electrical Repairs 2,31?.91 95.?2
Flooring Repairs 695.00 ?1.10
Maintenance Supplies (111.00)
Maintenance Equipment (115.?7)
Equip. Service/Maintenance (1,020.97)
Misc. Repairs & Maintenance (2,938.75)
Appliance Repair/Replacement 1,000.00 100.00
Facilities Safety Equipment 800.00 100.00
------------ ------------
TOTAL REPAIRS & MAIN $ 1,732.62 37.25
LANDSCAPE
Landscape - Contract Services $ 1,000.00 23.00
Landscape - Maintenance 4,300.00 69.89
Sprinkler Repairs 400.00 100.00
------------ ------------
TOTAL LANDSCAPE $ 5,100.00 42.07
CLEANING
Carpet Cleaning $ (1,250.00)
Cleaning - Common Area (905.00)
Cleaning Supplies (243.72)
Confidential: For Internal Use Only
[Enlarge/Download Table]
Cleaning - Apartment $ 1,375.00 $ 88.00 $ (1,287.00) (1,462.50) $ 2,325.00 $ 220.00
------------ ------------ ------------ ------------ ------------ ------------
TOTAL CLEANING $ 2,752.92 $ ??.00 $ (2,?64.9?) (3,028.32) $ 4,723.72 $ 220.00
BUILDING SERVICES
Washer & Dryer Rental Expense $ 972.31 $ (972.3?) $ 972.31
------------ ------------ ------------
TOTAL BLDING SERVICES $ 972.31 $ (972.3?) $ 972.31
SECURITY & SAFETY
Security & Safety $ 129.44 $ (129.44) $ 129.44
Monitoring Services 44.51
Security Services 10.91 10.91
------------ ------------ ------------ ------------
TOTAL SCRTY & SAFETY $ 129.44 $ (129.44) $ 184.86 $ 10.91
INSURANCE & TAXES
Insurance Expense $ 6,5?2.00 $ 6,175.00 $ (377.00) (5.11) $ 13,104.00 $ 12,350.00
Real Estate Taxes 10,?92.00 10,192.00 20,384.00 20,384.00
------------ ------------ ------------ ------------ ------------ ------------
TOTAL INSR & TAXES $ 16,744.00 $ 16,367.00 $ (377.00) (2.30) $ 33,488.00 $ 32,73?.00
FEES AND DUES
Fees and Dues $ 30.00 $ (30.00) $ 30.00
Management Fees 4,989.17 4,321.00 (618.17) (15.00) 11,905.10 10,240.95
------------ ------------ ------------ ------------ ------------ ------------
TOTAL FEES & DUES $ ?,999.17 $ 4,321.00 $ (?78.17) (15.??) $ 11,935.10 $ 10,240.95
OFFICE EXPENSES
Copier Expense $ 436.53 $ (436.33) $ 445.14 $ 12.61
Office Equipment 73.55 200.00 1?5.45 ?3.23 291.12 400.00
Office Supplies 647.05 150.00 (497.09) (331.39) 752.?6 300.00
Postage 168.73 (1?8.73) 184.36
Printing 308.01
Telephone (Office) 402.02 550.00 147.9? 25.91 1,521.47 1,100.00
Internet Services 20.95 (20.95) 20.95
Office Utilities 30.98 (30.91) 39.61
Telephone - Dedicated Line 100.00 100.00 100.00 200.00
Misc. Expenses 14.75 (14.75) 162.07
Mileage 211.25 (211.25) 572.32
Administrative Expense ?80.00 (8?0.00) 890.00
Telephone (cell/pagers) 100.00 100.00 100.00 200.00
ClubHouse Supplies/Refreshment 45.19 (45.19) ?20.6?
Answering Services 100.00 (100.00) 200.25 ??.61
------------ ------------ ------------ ------------ ------------ ------------
TOTAL OFFICE EXPENSES $ 3,031.04 $ 2,100.00 $ (1,931.04) (175.55) $ 5,590.84 $ 2,254.23
CORPORATE MODEL & UNITS
Corporate & Model Units $ 5?.59 $ (5?.59) $ 5?.59
odel Unit Expense 291.96 (291.9?) 291.96
------------ ------------ ------------ ------------ ------------ ------------
TOTAL CORP MDL & UNIT $ 350.?5 $ (350.??) $ 350.5?
POOL & TENNIS COURTS
Pool Maintenance & Supplies $ 404.35 $ ?00.00 $ 395.65 49.46 $ 729.24 $ 1,600.00
------------ ------------ ------------ ------------ ------------ ------------
TOTAL POOL & TENNIS $ 404.35 $ ?00.00 $ 395.65 49.46 729.24 $ 1,600.00
ADMINISTRATIVE
Bank Fees $ 49.00 $ (49,00) $ 49.00
Legal Fees 786.00 500.00 (2?6.00) (57.20) 1,039.00 1,000.00
Other Professional Fees 640.00
Credit/Background Checks 117.30 126.00 ?.?? 6.90 170.67 322.00
------------ ------------ ------------ ------------ ------------ ------------
TOTAL ADMIN $ 9?2.30 $ 626.00 $ (326.30) (52.12) 1,926.67 $ 1,322.00
MARKETING & ADVERTISING
Advertising & Marketing $ (137.42) $ 137.?2
Marketing & Advertizing (430.00) 430.00
Brochure Printing Costs 1,200.00 1,200.00 100.00 2,400.00
Advertising & Promotion 1,533.70 550.00 (963.70) (178.85) 1,500.51 1,237.42
Locator Fees 700.00 700.00 100.00 1,400.00
------------ ------------ ------------ ------------ ------------ ------------
TOTAL MRKT & ADVT $ 966.20 $ 2,450.00 $ 1,4?3.?2 60.54 $ 1,500.51 $ 5,037.42
------------ ------------ ------------ ------------ ------------ ------------
TOTAL OPERATING EXPENSES $ 64,386.25 $ 6?,404.00 $ 4,237.75 6.1? $ 130,?0?.60 $ 140,6?0.56
------------ ------------ ------------ ------------ ------------ ------------
NET OPERATING INCOME (NOI) $ 52,339.44 $ 54,85?.00 $ (2,5??.56) (4.59) $ 141,430.13 $ 151,181,92
------------ ------------ ------------ ------------ ------------ ------------
INTEREST EXPENSE
Mortgage Interest $ 23,306.40 $ (23,306.40) $ 54,38?.60 $ 7,760.80
------------ ------------ ------------ ------------
TOTAL INTEREST $ 23,306.40 $ (23,306.40) $ 54,38?.60 $ 7,760.80
AMORTIZED & DEPR.
Amortization Expense $ 1,434.72
Depreciation Expense 64,083.71 (64,083.71) 12?,?88.42
------------ ------------ ------------
TOTAL ? & DEPR. $ 64,083.71 $ (64,083.71) $ 129,523.14
OTHER EXPENSES
Professional Service Fees
TOTAL OTHER EXPENSE
------------ ------------ ------------
TOTAL NON-OPERATING EXP $ 87,390,11 $ (87,3?0.13) $ 183,904.74 $ 7,7?0.00
------------ ------------ ------------ ------------ ------------ ------------
NET INCOME (LOSS) $ (35,050,67) $ 54,85?.00 $ (89,?0?.67) (163.89) $ (22,475.41) $ 143,413.12
------------ ------------ ------------ ------------ ------------ ------------
Cleaning - Apartment $ (2,105.00) (936.??)
------------ ------------
TOTAL CLEANING $ (4,503.72) (2,043.15)
BUILDING SERVICES
Washer & Dryer Rental Expense $ (972.31)
------------
TOTAL BLDING SERVICES $ (972.31)
SECURITY & SAFETY
Security & Safety $ (?29.44)
Monitoring Services (44.51)
Security Services
------------ ------------
TOTAL SCRTY & SAFETY $ (173.95) (1,594.41)
INSURANCE & TAXES
Insurance Expense $ (754.00) (6.11)
Real Estate Taxes
------------ ------------
TOTAL INSR & TAXES $ (754.00) (2.30)
FEES AND DUES
Fees and Dues $ (30.00)
Management Fees (1,664.23) (16.??)
------------ ------------
TOTAL FEES & DUES $ (1,694.23) (16.??)
OFFICE EXPENSES
Copier Expenses $ (436.53) (1,461.78)
Office Equipement 108.00 27.22
Office Supplies (452.?6) (150.93)
Postage (1??.36)
Printing (30?.01)
Telephone (Office) (421.?7) (30.32)
Internet Services (20.95)
Office Utilities (39.6?)
Telephone - Dedicated Line 200.00 100.00
Misc. Expenses (162.07)
Mileage (572.32)
Administrative Expense (??0.00)
Telephone (cell/pagers) 200.00 100.00
ClubHouse Supplies/Refreshment (12?.60)
Answering Service (23?.64) (573.82)
------------ ------------
TOTAL OFFICE EXPENSES $ (3,336.62) (140.02)
CORPORATE MODEL & UNITS
Corporate Model & Units (50.59)
Model Unit Expense (291.96)
------------
TOTAL CORP MDL & UNIT $ (350.55)
POOL & TENNIS COURTS
Pool Maintenance & Supplies $ 570.75 54.42
------------ ------------
TOTAL POOL & TENNIS $ 570.75 54.42
ADMINISTRATIVE
Bank Fees $ (4?.00)
Legal Fees (39.00) (?.90)
Other Professional Fees (660.00)
Credit/Background Checks 14?.33 44.51
------------ ------------
TOTAL ADMIN $ (?04.67) (45.74)
MARKETING & ADVERTISING
Advertising & Marketing
Marketing & Advertizing
Brochure Printing Costs 2,400.00 100.00
Advertising & Production (351.00) (2?.37)
Locator Fees 1,400.00 100.00
------------ ------------
TOTAL MRKT & ADVT $ 3,444.91 68.47
------------ ------------
TOTAL OPERATING EXPENSES $ 5,8?1.?? 7.00
------------ ------------
NET OPERATING INCOME (NOI) $ 10,248.21 6.7?
------------ ------------
INTEREST EXPENSE
Mortgage Interest $ (16,612.00) (600.00)
------------ ------------
TOTAL INTEREST $ (16,612.00) (600.00)
AMORTIZATION & DEPR.
Amortization Expenses $ (1,435.72)
Depreciation Expense (128,0??.4?)
------------
TOTAL ? & DEPR. $(129,525.14)
OTHER EXPENSES
Professional Service Fees
TOTAL OTHER EXPENSE
TOTAL NON-OPERATING EXP $(176,137.94) (2,257.25)
------------ ------------
NET INCOME (LOSS) $(163,865.73) (115.67)
------------ ------------
1
SS1410 Rent Roll Report
044 BC-Bainbridge Timuquana LLC 07/2003
Select: 07/31/03 OAKS AT TIMUQUANA 07/31/03
228 Apts., 209,884 Sq. Ft. July 31, 2003 17:29
[Enlarge/Download Table]
APT. R MARKET LEASE GROSS
APT. TYPE STATUS NAMES S SQ. FT. RENT CODE CHARGES POSSIBLE
---------------------------------------------------------------------------------------------------------------
01 - 001 2X1 OC Mr Danilo Mora C 1,060 680.00 Rent 582.00 582.00
N Mr Pere Viado Total: 582.00
01 - 002 2X1 NA MR Ron E Light N 1,060 680.00 Rent 613.00 613.00
N MRS Racheal Light Total: 613.00
MR Maverick Light
01 - 003 2X1 OC MR Gustavo Martinez C 1,060 680.00 Rent 645.00 645.00
N MR Daniel Martinez Total: 645.00
MR ROBERTO MARTINEZ
MRS LILIA MARTINEZ
01 - 004 2X1 VL MR Diego J ? P 1,060 680.00
N
01 - 004 2X1 VL Mr Micah D McCabe L 1,060 680.00
N Mrs Ella W McCabe
01 - 004 2X1 VL VACANCY 1,060 680.00 680.00
N
01 - 005 1X1 OC MR Kenneth Ellis C 470 490.00 Rent 465.00 465.00
N Total: 465.00
01 - 006 1X1 OC MS Heather Lewis C 470 490.00 Rent 461.00 461.00
N Total: 461.00
01 - 007 1X1 OC MS Natasha Polkey C 470 490.00 Rent 447.00 447.00
N Total: 447.00
01 - 008 1X1 OC Mr. Cecil E Saddler C 470 490.00 Rent 480.00 480.00
N Total: 480.00
01 - 009 1X1 OC MS. LILLIE GRANDISON C 470 490.00 Rent 460.00 460.00
N Total: 460.00
01 - 010 1X1 CA MS Hollie Hirlzel N 470 490.00 hud 464.00 464.00
C Total: 464.00
01 - 011 1X1 OC MR Michael Noel C 470 490.00 Rent 422.00 422.00
N Total: 422.00
01 - 012 1X1 OC MR Juan Gonzalez C 470 490.00 Rent 465.00 465.00
N MS CHANCITA LOUERY Total: 465.00
MS TRINH LOUERY
01 - 013 2X1 OC Brent Achilles P 1,060 680.00
N Maureen Achilles
01 - 013 2X1 OC Mrs Iris M Torres-Borges C 1,060 680.00 Rent 617.00 617.00
N Mr Omar M Borges w/d 40.00
Total: 657.00
ACTUAL LEASE
POTENTIAL M/I DATE EXPIRES SEC/OTHER ENDING
APT. CHARGES M/O DATE TERM DEPOSIT BALANCE
----------------------------------------------------------------------------
01 - 001 509.00 12/08/98 09/30/03 150.00 0.00
12 0.00
01 - 002 571.00 04/11/02 03/31/04 0.00 0.00
12 200.00
01 - 003 645.00 06/21/02 06/30/03 645.00 0.00
12 0.00
01 - 004 10/30/02 10/31/03 0.00 -874.00
06/16/03 12 0.00
01 - 004 05/31/04 0.00 0.00
10 0.00
01 - 004
01 - 005 465.00 04/22/03 04/30/04 99.00 0.00
12 0.00
01 - 006 461.00 04/12/03 04/30/04 0.00 -461.00
13 0.00
01 - 007 419.00 10/11/01 09/30/03 0.00 0.00
12 0.00
01 - 008 480.00 04/04/00 08/31/03 49.00 0.00
12 0.00
01 - 009 460.00 07/01/98 08/31/03 99.00 0.00
12 0.00
01 - 010 464.00 09/25/02 08/31/03 300.00 0.00
11 0.00
01 - 011 384.00 01/15/03 01/31/04 0.00 0.00
12 0.00
01 - 012 0.00 05/02/03 10/31/03 0.00 0.00
12 0.00
01 - 013 01/02/03 01/31/04 0.00 1,799.00
06/03/03 12 0.00
01 - 013 616.00 07/01/03 02/29/04 0.00 0.00
8 0.00
2
[Enlarge/Download Table]
APT. R MARKET LEASE GROSS
APT. TYPE STATUS NAMES S SQ. FT. RENT CODE CHARGES POSSIBLE
---------------------------------------------------------------------------------------------------------------
01 - 014 2X1 NA ME EARLS OAKES N 1,060 680.00 Rent 617.00 617.00
N MRS Jennifer Oakes Total: 617.00
01 - 015 2X1 OC MR ALDEN J CLARKE C 1,060 680.00 Rent 594.00 594.00
N Total: 594.00
01 - 016 2X1 OC MR Edward Long C 1,060 680.00 Rent 613.00 613.00
N MRS Tiffany Long Total: 613.00
MR Donovan Long
01 - 017 2X1 OC MR Calvin C Johnson C 1,060 680.00 Rent 595.00 595.00
N MRS DELTRICE R JOHNSON Total: 595.00
01 - 018 2X1 OC MR Leon Barnes Jr C 1,060 680.00 Rent 610.00 610.00
N MRS Edith Barnes Total: 610.00
01 - 019 2X1 OC MS Pamela R Head C 1,060 680.00 Rent 590.00 590.00
N Total: 590.00
01 - 020 2X1 VL Mr. Jose G Epino L 1,060 680.00
N Mrs. Jocelyn J Epino
01 - 020 2X1 VL VACANCY 1,060 680.00 680.00
N
01 - 021 2X1 OC MR Philip Badali C 1,060 680.00 Rent 613.00 613.00
N MS Jill Badali Total: 613.00
01 - 022 2X1 OC MR. VERNELL JOHNSON C 1,060 680.00 Rent 595.00 595.00
N MR RONNIE KNOTT Total: 595.00
01 - 023 2X1 OC MS Janice E Brown C 1,060 680.00 Rent 580.00 580.00
N MR Lance Morene Total: 580.00
01 - 024 2X1 OC MR Patrick Sablan C 1,060 680.00 Rent 613.00 613.00
N MRS Nelda Sablan Total: 613.00
Luna Sablan
01 - 025 1X1D OC MR Gary Stewart C 635 560.00 Rent 499.00 499.00
N MS Dawn Pearson w/d 40.00
Total: 539.00
01 - 026 1X1D OC MR DAVID A ELO C 635 560.00 Rent 499.00 499.00
N Total: 499.00
01 - 027 1X1D OC MR Kenneth Hannah C 635 560.00 Rent 535.00 535.00
N Total: 535.00
01 - 028 1X1D OC MR Franklin Platt C 635 560.00 Rent 499.00 499.00
N MRS HEATHER Platt Total: 499.00
ACTUAL LEASE
POTENTIAL M/I DATE EXPIRES SEC/OTHER ENDING
APT. CHARGES M/O DATE TERM DEPOSIT BALANCE
--------------------------------------------------------------------------------
01 - 014 537.00 04/15/03 04/30/04 0.00 265.50
12 0.00
01 - 015 594.00 02/10/02 01/31/04 99.00 -462.00
12 0.00
01 - 016 613.00 11/20/02 11/30/03 0.00 0.00
12 0.00
01 - 017 595.00 10/01/99 10/31/03 99.00 0.00
12 0.00
01 - 018 610.00 02/11/02 03/31/04 100.00 0.00
12 0.00
01 - 019 525.00 02/08/01 01/31/04 0.00 0.00
12 0.00
01 - 020 99.00 0.00
12 0.00
01 - 020
01 - 021 571.00 02/01/03 01/31/04 0.00 0.00
12 0.00
01 - 022 595.00 01/01/00 03/31/04 99.00 0.00
12 0.00
01 - 023 580.00 06/09/00 05/31/03 150.00 0.00
12 0.00
01 - 024 571.00 07/22/02 07/31/03 0.00 0.00
12 0.00
01 - 025 499.00 05/22/02 05/31/04 0.00 0.00
12 0.00
01 - 026 468.00 10/10/01 09/30/03 0.00 0.00
12 0.00
01 - 027 535.00 01/25/03 01/31/04 535.00 1,132.00
12 0.00
01 - 028 456.00 03/26/03 03/31/04 0.00 0.00
12 0.00
3
[Enlarge/Download Table]
APT. R MARKET LEASE GROSS
APT. TYPE STATUS NAMES S SQ. FT. RENT CODE CHARGES POSSIBLE
---------------------------------------------------------------------------------------------------------------
01 - 029 1X1D OC MS GLADYS D GONZALEZ C 635 560.00 Rent 510.00 510.00
N Total: 510.00
01 - 030 1X1D OC MS EVANGELA HARVIN C 635 560.00 Rent 530.00 530.00
N Total: 530.00
01 - 031 1X1D OC Mr. Emmanuel Heruandez C 635 560.00 Rent 532.00 532.00
N Mrs. Virginia Hernandez Total: 532.00
01 - 032 1X1D OC MS. LUCILE MILLER C 635 560.00 Rent 450.00 450.00
N Total: 450.00
01 - 033 1X1D OC MR. HERBERT C WILLIAMS C 635 560.00 Rent 482.00 482.00
N Total: 482.00
01 - 034 1X1D OC MS Sherri Hill P 635 560.00
N MRS Myokia Davis
01 - 034 1X1D OC Mr Kendall A Phillips C 635 560.00 Rent 552.00 552.00
N Total: 552.00
01 - 035 1X1D OC MR Bryan Barcena C 635 560.00 Rent 499.00 499.00
N Total: 499.00
01 - 036 1X1D OC MR RICHARD MANTON C 635 560.00 Rent 468.00 468.00
N Total: 468.00
01 - 037 1X1D OC MR Timothy J Lawson C 635 560.00 Rent 514.00 514.00
N Total: 514.00
01 - 038 1X1D OC MS Consuela Senior C 635 560.00 Rent 542.00 542.00
N MR Darnell Mitchell Total: 542.00
01 - 039 1X1D OC MR Dan R Sprinkle JR. C 635 560.00 Rent 499.00 499.00
N MRS CHRISTINA A Total: 499.00
SPRINKLE
01 - 040 1X1D OC MR Cartez Allen C 635 560.00 Rent 473.00 473.00
N Total: 473.00
01 - 041 2X1 OC MR Kenneth M Nash C 1,060 680.00 Rent 620.00 620.00
N Total: 620.00
01 - 042 2X1 OC MR. NATHANIEL VAULX C 1,060 680.00 Rent 570.00 570.00
N Total: 570.00
01 - 043 2X1 OC MR Lewis Wesley C 1,060 680.00 Rent 499.00 499.00
N MRS Blaire E Lewis w/d 40.00
Total: 539.00
01 - 044 2X1 OC MRS YADIRA SOTO C 1,060 680.00 Rent 655.00 655.00
N MR HENRY SIERRA Total: 655.00
MR ALEXANDER SIERRA
ACTUAL LEASE
POTENTIAL M/I DATE EXPIRES SEC/OTHER ENDING
APT. CHARGES M/O DATE TERM DEPOSIT BALANCE
--------------------------------------------------------------------------------
01 - 029 510.00 09/30/01 03/31/04 49.00 0.00
12 0.00
01 - 030 530.00 10/06/01 09/30/03 99.00 0.00
12 0.00
01 - 031 100.00 07/11/03 04/30/04 100.00 -532.00
10 0.00
01 - 032 358.00 02/19/98 02/28/04 99.00 0.00
12 0.00
01 - 033 482.00 11/26/96 11/30/03 100.00 -858.00
12 0.00
01 - 034 08/21/02 08/31/03 300.00 1,679.00
06/14/03 12 0.00
01 - 034 100.00 07/01/03 05/31/04 100.00 0.00
11 0.00
01 - 035 499.00 02/15/03 02/29/04 0.00 -255.39
12 0.00
01 - 036 406.00 02/25/90 02/29/04 150.00 0.00
12 0.00
01 - 037 464.00 05/06/02 04/30/04 0.00 -489.00
12 0.00
01 - 038 542.00 02/26/03 02/29/04 542.00 0.00
12 0.00
01 - 039 456.00 03/31/01 03/31/04 0.00 0.00
12 0.00
01 - 040 359.00 07/28/01 07/31/03 99.00 0.00
12 200.00
01 - 041 620.00 01/12/01 12/31/03 99.00 0.00
12 0.00
01 - 042 570.00 11/17/92 08/31/03 200.00 0.00
12 0.00
01 - 043 463.00 04/26/03 10/31/03 0.00 0.00
12 0.00
01 - 044 655.00 09/01/02 08/31/03 400.00 0.00
12 0.00
4
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APT. R MARKET LEASE GROSS
APT. TYPE STATUS NAMES S SQ. FT. RENT CODE CHARGES POSSIBLE
---------------------------------------------------------------------------------------------------------------
01 - 045 2X1 OC MR IAN MARTIN C 1,060 680.00 Rent 610.00 610.00
N Total: 610.00
01 - 047 2X1 OC Mr Walden M. Christensen C 1,060 680.00 Rent 613.00 613.00
N Mrs. Carol Windle Total: 613.00
Mr. Adam Windle
01 - 048 2X1 OC MR Erik Johnson C 1,060 680.00 Rent 617.00 617.00
N MRS TAMMALA E Total: 617.00
WILLIAMS
01 - 049 1X1D OC MR. ALVIN WASHINGTON C 635 560.00 Rent 460.00 460.00
N Total: 460.00
01 - 050 1X1D OC MR Joshua Barea C 635 560.00 Rent 540.00 540.00
N Total: 540.00
01 - 051 1X1D OC MS Tasha Wolfe C 635 560.00 Rent 499.00 499.00
N Total: 499.00
01 - 052 1X1D OC MR Jerome Samuel C 635 560.00 Rent 499.00 499.00
N Total: 499.00
01 - 053 1X1D NA MR Louis M Pierre N 635 560.00 Rent 499.00 499.00
N Total: 499.00
01 - 054 1X1D OC Mr David Caple C 635 560.00 Rent 499.00 499.00
N Total: 499.00
01 - 055 1X1D OC MS Joyce Garrett C 635 560.00 Rent 107.00 472.00
N hud 365.00
Total: 472.00
01 - 056 1X1D OC Mr Lawrence J Leiter C 635 560.00 Rent 509.00 509.00
N Ms. Natasha L Morales Total: 509.00
01 - 057 3X2 VA VACANCY 1,324 825.00 825.00
N
01 - 058 3X2 CA MRS Patricia Figueron P 1,324 825.00
C
01 - 059 3X2 OC MS KATHY CAMPBELL C 1,324 825.00 Rent 735.00 735.00
N CALVIN FLOYD Total: 735.00
ADRIAN FLOYD
ALEXIS FLOYD
CHARLENE FLOYD
01 - 060 3X2 OC Mr. Peter Pierre C 1,324 825.00 Rent 722.00 722.00
N Total: 722.00
ACTUAL LEASE
POTENTIAL M/I DATE EXPIRES SEC/OTHER ENDING
APT. CHARGES M/O DATE TERM DEPOSIT BALANCE
--------------------------------------------------------------------------------
01 - 045 660.00 01/06/02 10/31/02 100.00 0.00
0 0.00
01 - 047 571.00 09/21/01 09/30/03 0.00 0.00
12 0.00
01 - 048 579.00 03/18/03 03/31/04 0.00 0.00
12 0.00
01 - 049 390.00 08/19/86 01/31/04 200.00 0.00
12 0.00
01 - 050 540.00 02/15/03 02/29/04 99.00 0.00
12 0.00
01 - 051 -114.00 06/01/03 05/31/04 100.00 0.00
12 200.00
01 - 052 468.00 09/01/02 08/31/03 0.00 0.00
12 0.00
01 - 053 463.00 12/13/01 11/30/03 0.00 0.00
12 0.00
01 - 054 499.00 03/18/03 03/31/04 0.00 0.00
12 0.00
01 - 055 409.00 10/11/02 09/30/03 300.00 0.00
12 0.00
01 - 056 100.00 07/20/03 06/13/04 0.00 0.00
11 0.00
01 - 057
01 - 058 10/05/01 09/30/03 0.00 328.67
06/30/03 12 0.00
01 - 059 760.00 08/02/01 07/31/03 560.00 1,582.00
12 0.00
01 - 060 658.00 05/10/03 05/31/04 0.00 0.00
12 0.00
5
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APT. R MARKET LEASE GROSS
APT. TYPE STATUS NAMES S SQ. FT. RENT CODE CHARGES POSSIBLE
---------------------------------------------------------------------------------------------------------------
01 - 061 3X2 OC Serelia L. Dobard C 1,324 825.00 Rent 722.00 722.00
N Jaron Dobard Total: 722.00
Courtney Dobard
Shauntrell Dobard
01 - 062 3X2 NA MS. CAROLYN HUNTER N 1,324 825.00 Rent 715.00 715.00
N Total: 715.00
01 - 063 3X2 OC MRS Annjinette R Thigpen C 1,324 825.00 Rent 722.00 722.00
N MR. M urice D Thigpen Total: 722.00
MS Tykira B Thigpen
MR DEVONTE D THOMAS
01 - 064 3X2 CA MR SEDRIC HEARD P 1,324 825.00
C MR ADRAIN RUSSELL
MR KENDAL PHILLIPS
01 - 065 3X2 NA MR James Bell N 1,324 825.00 Rent 745.00 745.00
N MS Nancy S Bell Total: 745.00
MS Aislinn Bell
MS Caitri Bell
MR EAMON BELL
01 - 066 3X2 OC MR Antoine Kennebruew C 1,324 825.00 Rent 684.00 684.00
N MS Clara Kennebruew Total: 684.00
MS Violante Kennebruew
01 - 067 3X2 OC MR Michael Moon C 1,324 825.00 Rent 725.00 725.00
N MR Dilly L Moon Total: 725.00
01 - 068 3X2 OC MR DONALD CAPRITTA C 1,324 825.00 Rent 760.00 760.00
N MS PENNY LONG Total: 760.00
MS JENNIFER CAPRITTA
MS AMANDA LONG
01 - 069 3X2 OC MR. MICHEAL SHEFFIELD C 1,324 825.00 Rent 745.00 745.00
N MRS. PAMELA SHEFFIELD Total: 745.00
LATASHA SHEFFIELD
SHANTIL SHEFFIELD
KIERRA SHEFFIELD
ACTUAL LEASE
POTENTIAL M/I DATE EXPIRES SEC/OTHER ENDING
APT. CHARGES M/O DATE TERM DEPOSIT BALANCE
--------------------------------------------------------------------------------
01 - 061 583.00 04/18/01 04/30/03 0.00 0.00
0 0.00
01 - 062 0.00 08/25/98 07/31/03 99.00 0.00
12 0.00
01 - 063 658.00 10/07/00 08/31/03 0.00 0.00
12 0.00
01 - 064 06/16/02 06/30/03 0.00 -560.00
06/30/03 12 0.00
01 - 065 745.00 07/28/01 07/31/03 99.00 0.00
12 0.00
01 - 066 603.00 07/01/02 06/30/03 100.00 0.00
12 0.00
01 - 067 697.37 03/07/03 02/29/04 0.00 0.00
12 200.00
01 - 068 760.00 11/12/01 06/30/03 1,550.00 0.00
12 0.00
01 - 069 745.00 02/17/00 02/28/03 600.00 0.00
0 0.00
6
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APT. R MARKET LEASE GROSS
APT. TYPE STATUS NAMES S SQ. FT. RENT CODE CHARGES POSSIBLE
---------------------------------------------------------------------------------------------------------------
01 - 070 3X2 VL MRS Pamela M London P 1,324 825.00
N MR PATRICK J LONDON
MS AMBER MCCRAY
MS EBONI MCCRAY
MR PATRICK LONDON II
MR PEYTON LONDON
01 - 070 3X2 VL Kevin T Nettles L 1,324 825.00
N Nicole E Jones
01 - 070 3X2 VL VACANCY 1,324 825.00 825.00
N
01 - 071 3X2 OC MR YVETTE N Barno C 1,324 825.00 Rent 730.00 730.00
N MS April Pearson Total: 730.00
MS Dayna Pearson
MR Daniel Pearson
01 - 072 3X2 VA VACANCY 1,324 825.00 825.00
N
01 - 073 2X1 OC MR Daniel Griffin C 1,060 680.00 Rent 613.00 613.00
N MS Karen Griffin Total: 613.00
01 - 074 2X1 OC MS Darlene Thompson C 1,060 680.00 Rent 580.00 580.00
N MS KAYLA THOMPSON Total: 580.00
01 - 075 2X1 OC Mr. Joshua D Bond C 1,060 680.00 Rent 617.00 617.00
N Total: 617.00
01 - 076 2X1 OC Ms. Edith S Barnes C 1,060 680.00 Rent 657.00 657.00
N Mr. Brandon J Stephens Total: 657.00
01 - 077 3X2 OC MR Radson Declemnte C 1,324 825.00 Rent 570.00 786.00
E MS Elizabeth Santos emp 216.00
MS Lydia Declemente Total: 786.00
MS LULU SANTOS
01 - 078 3X2 OC MR ROBERT L SHELTON C 1,324 825.00 Rent 767.00 767.00
N MRS MARIE SHELTON Total: 767.00
MS NORMA DELAGARZA
MS MONICA SAIZ
MS MARIAH DELAGARZA
MS MADELINE
DELAGARZA
ACTUAL LEASE
POTENTIAL M/I DATE EXPIRES SEC/OTHER ENDING
APT. CHARGES M/O DATE TERM DEPOSIT BALANCE
--------------------------------------------------------------------------------
01 - 070 01/21/02 05/31/03 0.00 892.00
06/17/03 12 0.00
01 - 070 0.00 0.00
12 0.00
01 - 070
01 - 071 730.00 08/29/00 08/31/03 798.00 0.00
12 0.00
01 - 072
01 - 073 576.00 12/26/02 12/31/03 0.00 0.00
12 100.00
01 - 074 75.00 01/09/01 12/31/03 49.00 0.00
12 0.00
01 - 075 308.00 07/16/03 04/30/04 0.00 0.00
9 0.00
01 - 076 657.00 06/05/03 05/31/04 200.00 -181.00
12 0.00
01 - 077 786.00 07/03/02 12/31/03 100.00 -570.00
12 0.00
01 - 078 719.00 10/11/02 09/30/03 0.00 0.00
12 0.00
7
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APT. R MARKET LEASE GROSS
APT. TYPE STATUS NAMES S SQ. FT. RENT CODE CHARGES POSSIBLE
---------------------------------------------------------------------------------------------------------------
01 - 079 3X2 OC MRS PHOEBE LEE-BUTLER C 1,324 825.00 Rent 745.00 745.00
N MR NATHANIEL BUTLER Total: 745.00
DOMINICK BUTLER
DARIUS BUTLER
01 - 080 3X2 OC MRS Rhianna M Collins C 1,324 825.00 Rent 722.00 722.00
N MS Alexia Thorpe Total: 722.00
01 - 081 2X1 OC MRS VONTELLE HERARD C 1,060 680.00 Rent 590.00 590.00
N MR DOUGLAS L BELFIELD Total: 590.00
01 - 083 2X1 OC MS Tasha Wolfe P 1,060 680.00
N
01 - 083 2X1 OC aaron I patrick C 1,060 680.00 Rent 667.00 667.00
N thesha d calloway Total: 667.00
01 - 084 2X1 OC Mr Jonathan D Cabral C 1,060 680.00 Rent 617.00 617.00
N Mrs Aimee H Cobral Total: 617.00
01 - 085 2X2 OC MRS. CRESSETTE T SMITH C 1,060 750.00 Rent 645.00 645.00
N MR. JOE N SMITH Total: 645.00
NICHOLAS SMITH
01 - 086 2X2 OC Mr Mark Walton C 1,176 750.00 Rent 670.00 670.00
N Ms. Karen Eannottie Total: 670.00
Mr Frank Eannottie
01 - 087 2X2 OC MR Demetrios Raines C 1,176 750.00 Rent 660.00 660.00
N MS TAMARA CECIL Total: 660.00
MS CECIL SHALACE
01 - 088 2X2 OC MS Megan Armstrong C 1,176 750.00 Rent 710.00 710.00
N MR Christopher RAMOS Total: 710.00
01 - 089 2X1 OC MR Jeff Tabor C 1,060 680.00 Rent 613.00 613.00
N MS DIANNE MCQUISTION Total: 613.00
01 - 090 2X1 OC MS Heather Hale C 1,060 680.00 w/d 35.00 0.00
N MR GEORGE C HALE Total: 35.00
MR Zachary Hale
MR TOBIE S Hale
01 - 091 2X1 OC MS. LINDA M JOHNSON C 1,060 680.00 Rent 655.00 655.00
N MS Valerie Logan Total: 655.00
MR CHOJNACKI JOHNSON
MR AKEEM JOHNSON
ACTUAL LEASE
POTENTIAL M/I DATE EXPIRES SEC/OTHER ENDING
APT. CHARGES M/O DATE TERM DEPOSIT BALANCE
-----------------------------------------------------------------------------
01 - 079 745.00 05/31/01 08/31/03 100.00 0.00
12 0.00
01 - 080 670.00 11/15/02 11/30/03 0.00 0.00
12 0.00
01 - 081 298.00 09/12/01 08/30/03 200.00 0.00
12 0.00
01 - 083 12/13/02 12/31/03 0.00 -613.00
06/01/03 12 0.00
01 - 083 483.00 07/20/03 05/31/04 100.00 0.00
10 0.00
01 - 084 617.00 06/24/03 05/31/04 0.00 0.00
11 0.00
01 - 085 645.00 11/12/96 01/31/04 200.00 0.00
12 0.00
01 - 086 670.00 08/31/01 08/31/03 500.00 0.00
12 0.00
01 - 087 637.00 02/06/03 02/29/04 99.00 -715.00
12 0.00
01 - 088 710.00 04/11/03 04/30/04 99.00 0.00
12 0.00
01 - 089 576.00 02/13/03 02/29/04 99.00 0.00
12 50.00
01 - 090 655.00 02/05/03 02/29/04 0.00 0.00
12 0.00
01 - 091 655.00 07/31/02 07/31/03 100.00 0.00
12 0.00
8
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APT. R MARKET LEASE GROSS
APT. TYPE STATUS NAMES S SQ. FT. RENT CODE CHARGES POSSIBLE
---------------------------------------------------------------------------------------------------------------
01 - 092 2X1 OC Mr Russell L McGowan C 1,060 680.00 Rent 617.00 617.00
N Total: 617.00
01 - 093 3X2 OC MS Angela Kilpatrick C 1,324 825.00 Rent 670.00 670.00
N MR Deangelo Sutton Total: 670.00
MR Darrius Sutton
01 - 094 3X2 OC MR Michael Smith C 1,324 825.00 Rent 722.00 722.00
N Total: 722.00
01 - 095 3X2 OC MRS. FAGAL NEWBY C 1,324 825.00 Rent 700.00 700.00
N VANCE WESTBROOKS Total: 700.00
KYLE WESTBROOKS
MR. KEITH NEWBY
01 - 096 3X2 OC Ms. Daisy S Johnson C 1,324 825.00 Rent 786.00 786.00
N Mr John Johnson w/d 40.00
Miss Marie Johnson Total: 826.00
Miss Shameka Johnson
01 - 097 2X2 OC MR Choke J Bennett C 1,176 750.00 Rent 637.00 637.00
N MRS Miyuki Bennett Total: 637.00
MR WICK BENNETT
01 - 098 2X2 OC MS SHAWNA JELKS C 1,176 750.00 Rent 655.00 655.00
N MR RYAN PATTERSON Total: 655.00
01 - 099 2X2 OC MR Eric Woodland C 1,176 750.00 Rent 675.00 675.00
N MRS Toni Woodland Total: 675.00
MR Kedrick Singleton
01 - 100 2X2 OC MR John Gray C 1,176 750.00 Rent 637.00 637.00
N w/d 40.00
Total: 677.00
01 - 101 3X2 OC MS Jenny A Etienne C 1,324 825.00 Rent 722.00 722.00
N MR Jonathan Etienne Total: 722.00
MS Jolie Lawson
01 - 102 3X2 OC Jack D McCrary C 1,324 825.00 Rent 785.00 785.00
N Carol L Austin con 785.00
Michael S Austin Total: 1,570.00
Kimberly N Austin
ACTUAL LEASE
POTENTIAL M/I DATE EXPIRES SEC/OTHER ENDING
APT. CHARGES M/O DATE TERM DEPOSIT BALANCE
----------------------------------------------------------------------------
01 - 092 617.00 06/10/03 05/31/04 0.00 0.00
12 0.00
01 - 093 58.00 07/10/03 05/31/04 645.00 0.00
12 0.00
01 - 094 668.00 12/20/02 12/31/03 0.00 0.00
12 0.00
01 - 095 700.00 01/29/93 08/31/03 150.00 -750.00
12 0.00
01 - 096 750.00 06/10/03 05/31/04 99.00 0.00
12 0.00
01 - 097 90.00 11/11/02 10/31/03 0.00 0.00
12 200.00
01 - 098 655.00 07/28/01 07/31/03 99.00 -635.00
12 0.00
01 - 099 100.00 06/28/02 06/30/03 775.00 0.00
12 0.00
01 - 100 589.00 11/05/02 10/31/03 0.00 0.00
12 0.00
01 - 101 679.00 09/05/02 08/31/03 0.00 0.00
12 0.00
01 - 102 25.00 07/31/03 05/31/04 0.00 50.00
10 0.00
9
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APT. R MARKET LEASE GROSS
APT. TYPE STATUS NAMES S SQ. FT. RENT CODE CHARGES POSSIBLE
---------------------------------------------------------------------------------------------------------------
01 - 103 3X2 OC MR. JOEY MAZZA C 1,324 825.00 Rent 722.00 722.00
N CHELSEY HAVILANO w/d 40.00
JOCELIN MAZZA Total: 762.00
MRS TINA MAZZA
01 - 104 3X2 OC MS BECKY FRAZIER C 1,324 825.00 Rent 690.00 690.00
N MS KATIE FRAZIER Total: 690.00
MR KYLE FRAZIER
MS KRISTEN FRAZIER
01 - 105 2X2 OC Paul E Johnson C 1,176 750.00 Rent 665.00 665.00
N Gregory Johnson Total: 665.00
01 - 106 2X2 NA MR JOHN M HOBKIRK N 1,176 750.00 Rent 637.00 637.00
N w/d 40.00
Total: 677.00
01 - 107 2X2 OC MRS TONYRA KIMBRELL C 1,176 750.00 Rent 650.00 650.00
N Total: 650.00
01 - 108 2X2 OC Mr John P Belts C 1,176 750.00 Rent 725.00 725.00
N Mr Talmage J Magee Total: 725.00
01 - 109 2X2 OC Richard M Ratell C 1,176 750.00
N MRS BERYL M RATELL
01 - 110 2X2 OC Mrs Angela L Thornton C 1,176 750.00 Rent 715.00 715.00
N Mr Tremayne A Thornton Total: 715.00
01 - 111 2X2 OC David M Humphrey C 1,176 750.00 crisy 350.00* 700.00
O Tyler D Humphrey Rent 350.00
Total: 700.00
01 - 112 2X2 OC MS Willow Roman-Capdville C 1,176 750.00 Rent 637.00 637.00
N MS Icis Roman-Capdeville Total: 637.00
01 - 113 3X2 OC Mrs Elie Wyatt C 1,324 825.00 Rent 722.00 722.00
N Mr Wyatt Total: 722.00
01 - 114 3X2 OC MR RONALD FAZENBAKER C 1,324 825.00 Rent 722.00 722.00
N MRS Brandi Fazenbaker Total: 722.00
MS Destiny Fazenbaker
MR Damion Fazenbaker
01 - 115 3X2 OC MR Shelton Floyd C 1,324 825.00 Rent 781.00 781.00
N Total: 781.00
ACTUAL LEASE
POTENTIAL M/I DATE EXPIRES SEC/OTHER ENDING
APT. CHARGES M/O DATE TERM DEPOSIT BALANCE
----------------------------------------------------------------------------
01 - 103 674.00 11/11/02 10/31/03 99.00 0.00
12 0.00
01 - 104 640.00 09/18/02 09/30/03 100.00 0.00
12 50.00
01 - 105 665.00 06/01/00 08/31/03 684.00 0.00
12 0.00
01 - 106 637.00 08/28/02 08/31/03 0.00 0.00
12 0.00
01 - 107 650.00 03/02/02 02/29/04 350.00 0.00
12 0.00
01 - 108 631.00 07/05/03 07/31/04 100.00 0.00
12 0.00
01 - 109 579.00 05/08/01 04/30/03 0.00 0.00
0 0.00
01 - 110 0.00 07/21/03 05/31/04 0.00 0.00
10 0.00
01 - 111 700.00 04/15/00 12/31/03 635.00 -350.00
12 0.00
01 - 112 589.00 10/11/01 09/30/03 0.00 0.00
12 0.00
01 - 113 786.00 06/30/03 05/31/04 0.00 0.00
12 0.00
01 - 114 -64.00 04/09/03 03/31/04 0.00 0.00
12 0.00
01 - 115 781.00 01/17/03 01/31/04 400.00 -781.00
12 0.00
10
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APT. R MARKET LEASE GROSS
APT. TYPE STATUS NAMES S SQ. FT. RENT CODE CHARGES POSSIBLE
---------------------------------------------------------------------------------------------------------------
01 - 116 3X2 OC MR. GARLAND C McLAURIN C 1,324 825.00 Rent 694.00 694.00
N MRS. SUN Y McLAURIN Total: 694.00
WILLIAM C GARLAND JR.
01 - 117 2X1 OC MR Hector Morales P 1,060 680.00
N MS Vahaira Morales
01 - 117 2X1 OC Mr Willie L Eberheart C 1,060 680.00 Rent 617.00 617.00
N Mrs Annette H Eberheart Total: 617.00
01 - 118 2X1 OC MR Hector Morales C 1,060 680.00 Rent 613.00 613.00
N MS Vahaira Morales Total: 613.00
01 - 119 2X1 OC MS Deborah Richardson C 1,060 680.00 Rent 589.00 589.00
N Total: 589.00
01 - 120 2X1 OC Ms Joye R Smith C 1,060 680.00 Rent 657.00 657.00
N Mr Justin M Comer Total: 657.00
Mr Branden J Comer
01 - 121 3X2 OC Mr. Leroy Childs C 1,324 825.00 Rent 675.00 675.00
C Ms. Trawnda Childs w/d 40.00
Ms. Eboni Childs Total: 715.00
Mr. Darius Childs
01 - 122 3X2 NA MR FRED HANSEN N 1,324 825.00 Rent 786.00 786.00
N Total: 786.00
01 - 123 3X2 OC MR Donald Haynes C 1,324 825.00 Rent 735.00 735.00
N Total: 735.00
01 - 124 3X2 OC MRS Maria Velez C 1,324 825.00 hud 685.00 685.00
N MR Basilio Velez Total: 685.00
MR Jose Velez
MR Larry ZAPATA
01 - 125 2X1 OC MR JAMES C Duncan C 1,060 680.00 Rent 597.00 597.00
N MS Patricia A Duncan Total: 597.00
MR James J Duncan, JR.
01 - 126 2X1 OC Jeffrey Schneider C 1,060 680.00 Rent 613.00 613.00
N Total: 613.00
01 - 127 2X1 OC MS Tiffany Frazee C 1,060 680.00 Rent 617.00 617.00
N MR Steve Jurgensen Total: 617.00
01 - 128 2X1 OC MR Michael Tieszen C 1,060 680.00 Rent 617.00 617.00
N Total: 617.00
ACTUAL LEASE
POTENTIAL M/I DATE EXPIRES SEC/OTHER ENDING
APT. CHARGES M/O DATE TERM DEPOSIT BALANCE
----------------------------------------------------------------------------
01 - 116 613.00 08/25/95 03/31/04 200.00 0.00
12 0.00
01 - 117 12/20/02 12/31/03 0.00 -613.00
05/10/03 12 0.00
01 - 117 500.00 06/30/03 05/31/04 0.00 0.00
12 0.00
01 - 118 63.00 05/10/03 12/31/03 0.00 0.00
12 0.00
01 - 119 -32.00 03/01/03 02/29/04 100.00 0.00
12 0.00
01 - 120 657.00 06/13/03 05/31/04 0.00 -657.00
12 0.00
01 - 121 675.00 02/01/00 01/31/04 300.00 0.00
12 0.00
01 - 122 786.00 02/15/03 07/31/03 400.00 0.00
6 0.00
01 - 123 735.00 04/01/00 02/29/04 99.00 0.00
12 0.00
01 - 124 685.00 11/22/02 10/31/03 200.00 0.00
11 0.00
01 - 125 534.00 11/13/01 10/31/03 100.00 0.00
12 0.00
01 - 126 576.00 01/03/03 01/31/04 0.00 0.00
12 0.00
01 - 127 617.00 04/12/03 04/30/04 0.00 0.00
12 0.00
01 - 128 575.00 03/20/03 03/31/04 0.00 0.00
12 0.00
11
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APT. R MARKET LEASE GROSS
APT. TYPE STATUS NAMES S SQ. FT. RENT CODE CHARGES POSSIBLE
---------------------------------------------------------------------------------------------------------------
01 - 129 3X2 OC MR Miguel Uristegui C 1,324 825.00 Rent 765.00 765.00
N MRS Yvonne Uriostegui Total: 765.00
MR Curtis Baxter
MR Cody Millard
MS Cheyenne Uriostegui
01 - 130 3X2 OC MS Tarike J Long C 1,324 825.00 Rent 698.00 698.00
N Total: 698.00
01 - 131 3X2 OC MR. MICHELLE PROCTOR C 1,324 825.00 Rent 725.00 725.00
N MR. MATTHEW PROCTOR Total: 725.00
TIFFANY PROCTOR
HALI PROCTOR
01 - 132 3X2 VA VACANCY 1,324 825.00 825.00
N
01 - 133 2X1 CA MRS Stephaine Schriefer N 1,060 680.00 Rent 655.00 655.00
C MR Nicholas Schriefer Total: 655.00
MS Angelica Schriefer
01 - 134 2X1 OC Mr Donald Pennington C 1,060 680.00 Rent 589.00 589.00
N MS Verna Pennington Total: 589.00
01 - 135 2X1 VL Miss Leslie A Wyche L 1,060 680.00
N Mr David R Stephens
01 - 135 2X1 VL VACANCY 1,060 680.00 680.00
N
01 - 136 2X1 NA Christopher Douglas N 1,060 680.00 Rent 613.00 613.00
N Ashley Douglas Total: 613.00
01 - 137 3X2 OC MR Eric Espada C 1,324 825.00 Rent 722.00 722.00
N MRS Yanira Espada Total: 722.00
MR Joseph Deacon
MS Yaritza Deacon
MR errick Espada
01 - 138 3X2 OC MR Angel Robles C 1,324 825.00 Rent 722.00 722.00
N Total: 722.00
01 - 139 3X2 OC MR Fraiser Franklin C 1,324 825.00 Rent 776.00 776.00
N MS Alexis Frazier Total: 776.00
MS Audreanna Frazier
ACTUAL LEASE
POTENTIAL M/I DATE EXPIRES SEC/OTHER ENDING
APT. CHARGES M/O DATE TERM DEPOSIT BALANCE
------------------------------------------------------------------------------
01 - 129 765.00 03/29/02 03/31/04 1,510.00 0.00
12 0.00
01 - 130 620.00 01/31/02 01/31/04 0.00 0.00
12 0.00
01 - 131 725.00 06/14/97 08/31/03 605.00 0.00
12 0.00
01 - 132
01 - 133 655.00 02/01/03 01/31/04 250.00 0.00
12 0.00
01 - 134 -66.00 01/20/03 01/31/04 99.00 -669.00
12 0.00
01 - 135 0.00 0.00
12 0.00
01 - 135
01 - 136 576.00 12/31/02 12/31/03 0.00 0.00
12 0.00
01 - 137 658.00 08/07/02 08/31/03 0.00 0.00
7 0.00
01 - 138 722.00 09/27/02 09/30/03 0.00 0.00
12 0.00
01 - 139 0.00 02/01/03 01/31/04 -736.00 0.00
12 0.00
12
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APT. R MARKET LEASE GROSS
APT. TYPE STATUS NAMES S SQ. FT. RENT CODE CHARGES POSSIBLE
------------------------------------------------------------------------------------------------------------------
01 - 140 3X2 OC MR Denava Davis C 1,324 825.00 Rent 722.00 722.00
N MS Deborah Davis Total: 722.00
MR Deron Davis
MS Derien Davis
01 - 141 1X1D OC MR ANTHONY SMITH C 635 560.00 Rent 499.00 499.00
N Total: 499.00
01 - 142 1X1D OC MR Daniel Smith C 635 560.00 Rent 499.00 499.00
N Total: 499.00
01 - 143 1X1D OC MS. WANDA J GOODMAN C 635 560.00
N
01 - 144 1X1D OC MR Gerardo Castro C 635 560.00 Rent 535.00 535.00
N Total: 535.00
01 - 145 1X1D OC MR MARK E WOLF C 635 560.00 Rent 499.00 499.00
N Total: 499.00
01 - 146 1X1D OC MR Charles Holmes C 635 560.00 Rent 540.00 540.00
N Total: 540.00
01 - 147 1X1D OC MR Tim White C 635 560.00 Rent 499.00 499.00
N Total: 499.00
01 - 148 1X1D OC MR. REGINALD A HOOD C 635 560.00 Rent 525.00 525.00
N Total: 525.00
01 - 149 2X1 OC MS Model Model C 1,060 680.00 model 640.00* 640.00
M Total: 640.00
01 - 150 2X1 OC MR George Rollins C 1,060 680.00 Rent 613.00 613.00
N Total: 613.00
01 - 151 2X1 OC MR NAPOLEAN LOPEZ C 1,060 680.00 Rent 655.00 655.00
N MS KYARA LOPEZ Total: 655.00
MS LEILANY LOPEZ
01 - 152 2X1 OC MS CARMEN CALDERON C 1,060 680.00 Rent 609.00 609.00
N Total: 609.00
01 - 153 1X1 OC MR Micheal Fahrenkopf C 470 490.00 Rent 470.00 470.00
N Total: 470.00
01 - 154 1X1 OC MR Jose Martinez C 470 490.00 Rent 436.00 436.00
N MRS AMADA MARTINEZ Total: 436.00
01 - 155 1X1 OC MS Melinda A Fontenette C 470 490.00 Rent 470.00 470.00
N Total: 470.00
01 - 156 1X1 OC MR Kenneth Hyman C 470 490.00 Rent 447.00 447.00
N Total: 447.00
ACTUAL LEASE
POTENTIAL M/I DATE EXPIRES SEC/OTHER ENDING
APT. CHARGES M/O DATE TERM DEPOSIT BALANCE
----------------------------------------------------------------------------
01 - 140 668.00 12/28/02 12/31/03 0.00 0.00
12 0.00
01 - 141 499.00 12/31/01 12/31/03 0.00 -408.00
12 0.00
01 - 142 489.00 03/20/02 03/31/04 0.00 0.00
12 0.00
01 - 143 515.00 11/17/95 02/29/04 200.00 -391.50
12 0.00
01 - 144 535.00 01/01/03 12/31/03 710.00 0.00
12 0.00
01 - 145 463.00 11/20/02 11/30/03 0.00 0.00
12 0.00
01 - 146 540.00 01/18/03 01/31/04 99.00 0.00
12 0.00
01 - 147 499.00 11/15/02 11/30/03 100.00 0.00
12 0.00
01 - 148 525.00 12/13/99 12/31/04 200.00 0.00
24 0.00
01 - 149 640.00 04/20/99 12/31/03 0.00 0.00
12 0.00
01 - 150 576.00 12/21/02 12/31/03 0.00 0.00
12 0.00
01 - 151 655.00 10/03/02 09/30/03 49.00 0.00
12 0.00
01 - 152 609.00 07/15/01 06/30/04 349.00 0.00
12 0.00
01 - 153 470.00 10/01/02 09/30/03 150.00 0.00
12 0.00
01 - 154 411.00 02/12/03 02/29/04 99.00 0.00
12 0.00
01 - 155 470.00 07/06/01 07/31/03 99.00 0.00
12 0.00
01 - 156 424.00 08/17/02 08/31/03 0.00 0.00
12 0.00
13
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APT. R MARKET LEASE GROSS
APT. TYPE STATUS NAMES S SQ. FT. RENT CODE CHARGES POSSIBLE
---------------------------------------------------------------------------------------------------------------
01 - 157 1X1 OC MR. EDWARD ROBERTS C 470 490.00 Rent 437.00 437.00
N Total: 437.00
01 - 158 1X1 OC Mr Evan Gautler C 470 490.00 Rent 461.00 461.00
N Total: 461.00
01 - 159 1X1 OC MR Jeffery Cohen C 470 490.00 Rent 447.00 447.00
N Total: 447.00
01 - 161 2X1 OC MR Randy Jaerger C 1,060 680.00 Rent 613.00 613.00
N Total: 613.00
01 - 162 2X1 OC MR Troy L McMeans C 1,060 680.00 Rent 603.00 603.00
N MRS Gedelyn Mcmeans Total: 603.00
01 - 163 2X1 OC MS Nichol Bodenstein C 1,060 680.00 Rent 613.00 613.00
N MS TAMMY JOHNSON Total: 613.00
01 - 164 2X1 OC ms Tameka Childs C 1,060 680.00 Rent 520.00 520.00
E MS Ashli Childs Total: 520.00
01 - 165 1X1D CA MR Matthew Pfitzner N 635 560.00 Rent 499.00 499.00
C Total: 499.00
01 - 166 1X1D OC MR Nathan Schultz C 635 560.00 Rent 499.00 499.00
N MRS Carolyn Schultz Total: 499.00
01 - 167 1X1D OC MR. WILLIE SIMPKINS C 635 560.00 Rent 467.00 467.00
N Total: 467.00
01 - 168 1X1D NA MS Trishonya McMihelk N 635 560.00 Rent 499.00 499.00
N Total: 499.00
01 - 169 1X1D OC MR. SERGIO MERCADO C 635 560.00 Rent 460.00 460.00
N Total: 460.00
01 - 170 1X1D OC MS Denise Byrd C 635 560.00 Rent 103.00 518.00
N MR De'shon Ashley hud 415.00
Total: 518.00
01 - 171 1X1D OC MR Sanchez Antonio C 635 560.00 Rent 519.00 519.00
N Total: 519.00
01 - 172 1X1D OC MS Patricia D Childs C 635 560.00 Rent 499.00 499.00
N Total: 499.00
01 - 173 2X2 OC Dennis Reid C 1,176 750.00 Rent 645.00 645.00
N Total: 645.00
01 - 174 2X2 OC MR HARVEY Mabel C 1,176 750.00 Rent 622.00 622.00
N MR Ronald B Bryant Total: 622.00
ACTUAL LEASE
POTENTIAL M/I DATE EXPIRES SEC/OTHER ENDING
APT. CHARGES M/O DATE TERM DEPOSIT BALANCE
----------------------------------------------------------------------------
01 - 157 437.00 06/07/99 04/30/04 420.00 -437.00
12 150.00
01 - 158 461.00 03/17/03 03/31/04 99.00 0.00
12 0.00
01 - 159 433.00 02/15/03 02/29/04 0.00 0.00
12 0.00
01 - 161 613.00 08/07/02 07/31/03 0.00 -256.00
12 0.00
01 - 162 551.00 01/31/02 01/31/04 0.00 0.00
12 0.00
01 - 163 -37.00 01/08/03 12/31/03 0.00 0.00
12 0.00
01 - 164 520.00 01/09/03 01/31/04 0.00 0.00
12 0.00
01 - 165 -31.00 07/31/02 07/31/03 0.00 0.00
12 0.00
01 - 166 456.00 04/17/03 04/30/04 0.00 0.00
12 0.00
01 - 167 535.00 07/07/94 10/31/03 99.00 0.00
12 0.00
01 - 168 456.00 03/31/01 03/31/04 0.00 0.00
12 0.00
01 - 169 385.00 10/04/86 04/30/03 200.00 0.00
0 0.00
01 - 170 501.00 10/18/02 10/31/03 300.00 -103.00
12 0.00
01 - 171 519.00 05/27/03 05/31/04 0.00 519.00
12 0.00
01 - 172 456.00 01/14/02 12/31/03 0.00 0.00
12 0.00
01 - 173 0.00 01/07/00 07/31/03 625.00 -645.00
12 0.00
01 - 174 622.00 02/06/02 01/31/04 0.00 -404.00
12 200.00
14
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APT. R MARKET LEASE GROSS
APT. TYPE STATUS NAMES S SQ.FT. RENT CODE CHARGES POSSIBLE
------------------------------------------------------------------------------------------------------------------
01 - 175 2X2 OC MR Robert Sissac C 1,176 750.00 Rent 662.00 662.00
N MRS Karina Sissac Total: 662.00
MR Robert Sissac JR
MR Leon Sissac
01 - 176 2X2 OC MR Camil Freeney C 1,176 750.00 Rent 675.00 675.00
N MR Roderick Richardson Total: 675.00
01 - 177 1X1 OC MR Danny R Drummond C 470 490.00 Rent 461.00 461.00
N Total: 461.00
01 - 178 1X1 OC MR Andre Campbell C 470 490.00 Rent 490.00 490.00
N Total: 490.00
01 - 179 1X1 OC MS Gladys Cinpper C 470 490.00 Rent 461.00 461.00
N Total: 461.00
01 - 180 1X1 OC MR Thomas E Wells C 470 490.00 Rent 447.00 447.00
N Total: 447.00
01 - 181 1X1 OC oliver mckenney C 470 490.00 Rent 465.00 465.00
N Total: 465.00
01 - 182 1X1 VL ayub jamshed L 470 490.00
N
01 - 182 1X1 VL VACANCY 470 490.00 490.00
N
01 - 183 1X1 OC George Kyser C 470 490.00 Rent 424.00 424.00
N Total: 424.00
01 - 184 1X1 OC MR Randy Hearn C 470 490.00 Rent 461.00 461.00
N Total: 461.00
01 - 185 2X2 OC MR John Conner C 1,176 750.00 Rent 680.00 680.00
N MRS Catherine Conner Total: 680.00
MRS Barbara Conner
MS Tabithn Conner
01 - 186 2X2 NA MR Justin Smolenski T 1,176 750.00 Rent 674.00 674.00
N MRS Holly Smolenski Total: 674.00
MR Alec Smolenski
01 - 187 2X2 OC MR. PRESTON OLIVER C 1,176 750.00 Rent 612.00 612.00
N MRS. CORETHA C OLIVER Total: 612.00
01 - 189 1X1D NL MS Dajuan Wallace N 635 560.00 Rent 506.00 518.00
N MR DYANJEL FORD hud 12.00
Total: 518.00
ACTUAL LEASE
POTENTIAL M/I DATE EXPIRES SEC/OTHER ENDING
APT. CHARGES M/O DATE TERM DEPOSIT BALANCE
--------------------------------------------------------------------------------
01 - 175 594.00 06/21/02 06/30/03 0.00 0.00
12 0.00
01 - 176 675.00 05/17/02 05/31/03 100.00 0.00
12 0.00
01 - 177 461.00 05/11/01 04/30/03 99.00 0.00
0 0.00
01 - 178 490.00 12/07/01 11/30/03 100.00 0.00
12 0.00
01 - 179 461.00 03/06/03 03/31/04 461.00 0.00
12 0.00
01 - 180 424.00 08/16/02 08/31/03 0.00 0.00
12 0.00
01 - 181 180.00 07/20/03 05/30/04 100.00 0.00
10 0.00
01 - 182 05/31/05 0.00 0.00
9 0.00
01 - 182
01 - 183 378.00 10/26/01 10/31/03 100.00 0.00
12 0.00
01 - 184 461.00 03/17/03 03/31/04 461.00 586.00
12 0.00
01 - 185 680.00 10/31/01 10/31/03 100.00 680.00
12 0.00
01 - 186 674.00 02/23/03 02/29/04 0.00 -8.00
12 0.00
01 - 187 544.00 06/23/83 06/30/03 200.00 0.00
12 0.00
01 - 189 518.00 08/30/02 08/31/03 200.00 0.00
12 0.00
15
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APT. R MARKET LEASE GROSS
APT. TYPE STATUS NAMES S SQ. FT. RENT CODE CHARGES POSSIBLE
------------------------------------------------------------------------------------------------------------------
01 - 189 1X1D NL MR Justin Smolenski C 635 560.00
N MRS Holly Smolenski
MR Alec Smolenski
01 - 190 1X1D OC Mr Christopher Wirth C 635 560.00 Rent 542.00 542.00
N Total: 542.00
01 - 191 1X1D VA VACANCY 635 560.00 560.00
N
01 - 192 1X1D CA MS. YOLANDA M BRADLEY N 635 560.00 Rent 515.00 515.00
C Total: 515.00
01 - 193 1X1D OC MR Bob Barker C 635 560.00 Rent 499.00 499.00
N Total: 499.00
01 - 194 1X1D OC MR Brandon C Middleton C 635 560.00 Rent 499.00 499.00
N Total: 499.00
01 - 195 1X1D OC MS TALINIA LANCE C 635 560.00 Rent 525.00 525.00
N MS MAGGIE LANCE Total: 525.00
MS KAYLEA LANCE
01 - 196 1X1D OC MR William E Kirkland C 635 560.00 Rent 520.00 520.00
N Total: 520.00
01 - 197 1X1D OC Ms Thomasetta C Wells C 635 560.00 Rent 499.00 499.00
N w/d 40.00
Total: 539.00
01 - 198 1X1D OC MS Tonya Freeman c 635 560.00 Rent 157.00 520.00
N MS INDIA ADAMS hud 363.00
Total: 520.00
01 - 199 1X1D OC Shanika Gatewood C 635 560.00 Rent 133.00 528.00
N hud 395.00
Total: 528.00
01 - 200 1X1D CA MR Kevin Glover N 635 560.00 Rent 489.00 489.00
C Total: 489.00
01 - 201 1X1D OC MR Walter R Goodrich C 635 560.00 Rent 499.00 499.00
N Total: 499.00
01 - 202 1X1D OC MR Daniel R Parker Jr. C 635 560.00 Rent 499.00 499.00
N Total: 499.00
01 - 203 1X1D OC MS Diane Rackley C 635 560.00 Rent 530.00 530.00
N Total: 530.00
01 - 204 1X1D OC MRS BRANDY BOUNTY C 635 560.00 Rent 499.00 499.00
N MR JAMAL NEWTON Total: 499.00
ACTUAL LEASE
POTENTIAL M/I DATE EXPIRES SEC/OTHER ENDING
APT. CHARGES M/O DATE TERM DEPOSIT BALANCE
--------------------------------------------------------------------------------
01 - 189 0.00 0.00
0.00
01 - 190 542.00 04/01/03 03/31/04 544.00 -542.00
12 0.00
01 - 191
01 - 192 515.00 07/15/00 07/31/03 200.00 0.00
12 150.00
01 - 193 499.00 04/04/03 03/31/04 0.00 0.00
12 0.00
01 - 194 468.00 09/17/02 09/30/03 0.00 0.00
12 0.00
01 - 195 0.00 06/02/02 11/30/03 99.00 0.00
12 0.00
01 - 196 520.00 08/31/01 08/31/03 99.00 0.00
12 0.00
01 - 197 468.00 08/16/01 08/31/03 0.00 0.00
12 0.00
01 - 198 505.00 10/01/02 09/30/03 300.00 0.00
12 0.00
01 - 199 528.00 10/21/02 10/31/03 300.00 0.00
12 0.00
01 - 200 448.00 05/16/02 05/31/03 0.00 0.00
12 0.00
01 - 201 499.00 06/06/03 05/31/04 0.00 0.00
12 0.00
01 - 202 458.00 08/23/01 08/31/03 0.00 0.00
12 0.00
01 - 203 530.00 12/17/99 12/31/03 490.00 0.00
12 0.00
01 - 204 463.00 11/19/02 11/30/03 0.00 0.00
12 0.00
16
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APT. R MARKET LEASE GROSS
APT. TYPE STATUS NAMES S SQ.FT. RENT CODE CHARGES POSSIBLE
------------------------------------------------------------------------------------------------------------------
01 - 205 1X1D OC MR Theodore Martin C 635 560.00 Rent 481.00 481.00
N Total: 481.00
01 - 206 1X1D OC Shawn M Kennedy C 635 560.00 Rent 515.00 515.00
N Total: 515.00
01 - 208 1X1D VL james h thames L 635 560.00
N
01 - 208 1X1D VL VACANCY 635 560.00 560.00
N
01 - 209 1X1D OC MR Michael Gilliam C 635 560.00 Rent 499.00 499.00
N Total: 499.00
01 - 210 1X1D OC Mr Joesph Glass C 635 560.00 Rent 542.00 542.00
N Total: 542.00
01 - 211 1X1D OC MR RANDALL MOYLE C 635 560.00 Rent 530.00 530.00
N Total: 530.00
01 - 212 1X1D OC MS April Clifton C 635 560.00 Rent 542.00 542.00
N MR ADAM EVANS Total: 542.00
01 - 213 2X1 CA Gerald ABRON P 1,060 680.00
C La TOYA Abron
DARIA ABRON
01 - 214 2X1 OC MS Delores Wright C 1,060 680.00 Rent 660.00 660.00
N MR Maurice Banks Total: 660.00
MR Antonio Banks
01 - 215 2X1 OC MR DANIEL SANTOS C 1,060 680.00 Rent 655.00 655.00
N MRS YOLANDA SANTOS Total: 655.00
01 - 216 2X1 NA MR Adam Hernandez N 1,060 680.00 Rent 617.00 617.00
N MRS Nicola Hernandez Total: 617.00
01 - 217 2X1 OC MS Kellie Jacobs C 1,060 680.00 Rent 655.00 655.00
N Total: 655.00
01 - 218 2X1 OC Mr. Antonio Pedaza C 1,060 680.00 Rent 680.00 680.00
N Mr Miguel Ariaz con 340.00
Total: 1,020.00
01 - 219 2X1 OC MR Phuc Nguyen C 1,060 680.00 Rent 660.00 660.00
N MS Suong Nguyen Total: 660.00
01 - 220 2X1 OC MR Hector Leonramos C 1,060 680.00 Rent 613.00 613.00
N Total: 613.00
01 - 221 1X1 OC Mr James Weatherly C 470 490.00 Rent 470.00 470.00
N Total: 470.00
ACTUAL LEASE
POTENTIAL M/I DATE EXPIRES SEC/OTHER ENDING
APT. CHARGES M/O DATE TERM DEPOSIT BALANCE
--------------------------------------------------------------------------------
01 - 205 435.00 12/29/02 12/31/03 99.00 -481.00
12 0.00
01 - 206 515.00 02/26/01 02/29/04 399.00 0.00
12 0.00
01 - 208 04/30/04 0.00 0.00
9 0.00
01 - 208
01 - 209 496.00 03/14/03 02/29/04 0.00 0.00
12 0.00
01 - 210 542.00 03/08/03 02/28/04 99.00 0.00
12 0.00
01 - 211 530.00 09/01/02 08/31/03 100.00 0.00
12 0.00
01 - 212 542.00 05/12/03 04/30/04 99.00 0.00
12 0.00
01 - 213 58.00 05/18/01 05/31/03 0.00 98.00
07/03/03 12 0.00
01 - 214 660.00 11/15/02 11/30/03 99.00 -416.00
12 0.00
01 - 215 655.00 07/23/02 07/31/03 150.00 0.00
12 0.00
01 - 216 579.00 03/12/03 03/31/04 0.00 0.00
12 100.00
01 - 217 655.00 02/28/03 02/29/04 399.00 -705.00
12 200.00
01 - 218 132.00 07/26/03 04/30/04 200.00 -274.00
12 0.00
01 - 219 660.00 12/01/02 11/30/03 100.00 0.00
12 0.00
01 - 220 571.00 03/07/03 03/31/04 0.00 0.00
12 0.00
01 - 221 470.00 12/16/02 12/31/03 100.00 0.00
12 0.00
17
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APT. R MARKET LEASE GROSS
APT. TYPE STATUS NAMES S SQ. FT. RENT CODE CHARGES POSSIBLE
------------------------------------------------------------------------------------------------------------------
01 - 222 1X1 OC Violante Kenneberew C 470 490.00 Rent 465.00 465.00
N Total: 465.00
01 - 223 1X1 OC Mr Joel Gonzales C 470 490.00 Rent 461.00 461.00
N Total: 461.00
01 - 224 1X1 OC MR Dylan D Rustvold C 470 490.00 Rent 442.00 442.00
N MRS Anntoinette Rustvold Total: 442.00
01 - 225 1X1 OC MR SAMMIE BELL C 470 490.00 Rent 465.00 465.00
N Total: 465.00
01 - 226 1X1 OC MR Orlando Mercado C 470 490.00 Rent 461.00 461.00
N Total: 461.00
01 - 227 1X1 OC MR Tyrone Bell C 470 490.00 Rent 470.00 470.00
N Total: 470.00
01 - 228 1X1 OC MR Casey Joey C 470 490.00 Rent 461.00 461.00
N MS Sabrina Reynolds Total: 461.00
ACTUAL LEASE
POTENTIAL M/I DATE EXPIRES SEC/OTHER ENDING
APT. CHARGES M/O DATE TERM DEPOSIT BALANCE
--------------------------------------------------------------------------------
01 - 222 527.00 06/05/03 05/31/04 0.00 0.00
12 0.00
01 - 223 461.00 03/06/03 03/31/04 300.00 0.00
12 0.00
01 - 224 442.00 06/01/02 05/31/03 0.00 0.00
12 0.00
01 - 225 465.00 04/06/03 03/31/04 99.00 0.00
12 0.00
01 - 226 461.00 03/01/03 02/29/04 461.00 0.00
12 0.00
01 - 227 470.00 08/30/02 08/31/03 470.00 0.00
12 0.00
01 - 228 461.00 02/01/03 01/31/04 0.00 0.00
12 0.00
TOTAL:
[Enlarge/Download Table]
ACTUAL
MARKET LEASE GROSS POTENTIAL SECURITY OTHER TOTAL ENDING
RENT RENT POSSIBLE CHARGES DEPOSITS DEPOSITS DEPOSITS BALANCE
---- ---- -------- ------- -------- -------- -------- -------
146,180.00 123,072.00 128,502.00 105,738.37 29,499.00 2,000.00 31,499.00 -6,504.72
INCOME CODE:
3mo 3 MONTH LEASE
con CONCESSION
consn SENIOR CONCESS
crtsy COURTESY OFC
emp NON-REV EMPLOYE
furn FURNITURE RENT
hud HUD RENT
model MODEL
Rent BASE RENT
w/d WASHER/DRYER
RESIDENT STAT.
C Current
I Transfer In
L Leased
N Notice
P Previous
T Transfer
X Cancel
UNIT STAT.
CA Construction Availabl
NA On Notice Available
NL On Notice Leased
OC Occupied
VA Vacant Available
VL Vacant Leased
UNIT ANALYSIS
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DESCRIPTION UNITS PERCENT
Occupied 202 94.39
Vacant 10 4.67
Down 0 0.00
Total Units 214 100.00
Construction 14
Waiting Lists 10
Employee 2
Model 1
Other Use 1
Total Special Use 4 1.87
This Rent Roll includes Current Resident, Applicants, WaitList Applicants,
Canceled Applicants, Previous Resident. "*" Indicates amounts not included in
summary of lease charges
18
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APT. R MARKET LEASE GROSS
APT. TYPE STATUS NAMES S SQ. FT. RENT CODE CHARGES POSSIBLE
---------------------------------------------------------------------------------------------------------------
ACTUAL LEASE
POTENTIAL M/I DATE EXPIRES SEC/OTHER ENDING
APT. CHARGES M/O DATE TERM DEPOSIT BALANCE
----------------------------------------------------------------------------
GRAND TOTAL:
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ACTUAL
MARKET LEASE GROSS POTENTIAL SECURITY OTHER TOTAL ENDING
RENT RENT POSSIBLE CHARGES DEPOSITS DEPOSITS DEPOSITS BALANCE
---- ---- -------- ------- -------- -------- -------- -------
146,180.00 123,072.00 128,502.00 105,738.37 29,499.00 2,000.00 31,499.00 -6,504.72
1
SS1437 AGED DELINQUENCY DETAIL
004 BC-BAINBRIDGE TIMUQUANA LLC 07/2003
Select: 07/31/03 OAKS AT TIMUQUANA 07/31/03
228 Apts., 209,884 Sq. Ft 7/31/2003 17:30
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RESIDENT CR # #
APT. NAME STATUS ST LT RTN DESCRIPTION TOTAL DUE PREPAID FUTURE
---------------------------------------------------------------------------------------------------------------------------------
01-0114 MR Diego Jara Previous N 1 0 BASE RENT -874.00 -874.00 0.00
Move Out:6/16/2003
------------------------------
-874.00 -874.00 0.00
01-000 MS Heather Lewis Current N 0 0 BASE RENT -461.00 -461.00 0.00
------------------------------
-461.00 -461.00 0.00
01-013 Brem Achilles Previous N 1 0 BASE RENT -653.00 -653.00 0.00
Move Out:6/3/2003
------------------------------
-653.00 -653.00 0.00
01-014 ME EARLS OAKES Notice C 0 2 NSF CHECK FEE 50.00 0.00 0.00
BASE RENT 215.50 -389.50 0.00
------------------------------
265.50 -389.50 0.00
01-015 MR ALDEN J. CLARKE Current N 0 0 BASE RENT -263.00 -263.00 0.00
------------------------------
-263.00 -263.00 0.00
01-027 MR Kenneth Hannah Current N 1 0 LATE CHARGE 62.00 0.00 0.00
BASE RENT 1,070.00 0.00 0.00
------------------------------
1,132.00 0.00 0.00
01-031 Mr. Emmanuel ( ) Current N 0 0 BASE RENT -432.00 -532.00 0.00
Hernandez SECURITY -100.00 -100.00 0.00
------------------------------
-532.00 -632.00 0.00
01-033 MR. HERBERT C. (904)573-6347 Current N 0 0 BASE RENT -858.00 -858.00 0.00
WILLIAMS
------------------------------
-858.00 -858.00 0.00
01-034 MS Sherri Hill Previous C 1 2 LATE CHARGE 162.00 0.00 0.00
Move Out:6/14/2003 LEGAL FEE 210.00 0.00 0.00
BASE RENT 1,307.00 0.00 0.00
------------------------------
1,679.00 0.00 0.00
01-035 MR Bryan Barceno Current N 0 0 BASE RENT -255.39 -255.39 0.00
------------------------------
-255.39 -255.39 0.00
01-037 MR Timothy J. Lawson Current N 1 0 BASE RENT -489.00 -489.00 0.00
------------------------------
-489.00 -489.00 0.00
01-058 MRS Patricia Figueroa Previous N 1 0 BASE RENT 328.67 0.00 0.00
Move Out:6/20/2003
------------------------------
328.67 0.00 0.00
01-059 MS KATHY CAMPBELL Current N 2 0 LATE CHARGE 62.00 0.00 0.00
BASE RENT 1,520.00 0.00 0.00
------------------------------
1,582.00 0.00 0.00
01-064 MR SEDRIC HEARD Previous N 1 0 BASE RENT -560.00 -603.00 0.00
Move Out:6/30/2003
------------------------------
-560.00 -603.00 0.00
01-070 MRS Pamela M. London Previous N 1 1 LATE CHARGE 74.00 0.00 0.00
Move Out:6/17/2003 NSF CHECK FEE 35.00 0.00 0.00
0 - 30 31-60 61-90 OVER 90
APT. NAME DAYS DAYS DAYS DAYS
-----------------------------------------------------------------------------------------
01-0114 MR Diego Jara 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-000 MS Heather Lewis 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-013 Brem Achilles 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-014 ME EARLS OAKES 50.00 0.00 0.00 0.00
-80.00 536.50 0.00 148.50
------------------------------------------
-30.00 536.50 0.00 148.50
01-015 MR ALDEN J. CLARKE 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-027 MR Kenneth Hannah 0.00 0.00 0.00 62.00
535.00 535.00 0.00 0.00
------------------------------------------
535.00 535.00 0.00 62.00
01-031 Mr. Emmanuel
Hernandez ( ) 100.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00
------------------------------------------
100.00 0.00 0.00 0.00
01-033 MR. HERBERT C.
WILLIAMS (904)573-6347 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-034 MS Sherri Hill 0.00 0.00 0.00 162.00
0.00 0.00 0.00 210.00
0.00 247.00 0.00 1,060.00
------------------------------------------
0.00 247.00 0.00 1,432.00
01-035 MR Bryan Barceno 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-037 MR Timothy J. Lawson 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-058 MRS Patricia Figueroa 0.00 328.67 0.00 0.00
------------------------------------------
0.00 328.67 0.00 0.00
01-059 MS KATHY CAMPBELL 0.00 0.00 0.00 62.00
760.00 760.00 0.00 0.00
------------------------------------------
760.00 760.00 0.00 62.00
01-064 MR SEDRIC HEARD 0.00 43.00 0.00 0.00
------------------------------------------
0.00 43.00 0.00 0.00
01-070 MRS Pamela M. London 0.00 0.00 0.00 74.00
0.00 0.00 0.00 35.00
2
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RESIDENT CR # #
APT. NAME STATUS ST LT RTN DESCRIPTION TOTAL DUE PREPAID FUTURE
---------------------------------------------------------------------------------------------------------------------------------
BASE RENT 783.00 0.00 0.00
------------------------------
892.00 0.00 0.00
01-076 Ms. Edith S. Rames Current N 0 0 BASE RENT 19.00 0.00 0.00
SECURITY -200.00 -200.00 0.00
------------------------------
-181.00 -200.00 0.00
01-077 MR Rus Current N 1 0 BASE RENT -570.00 -570.00 0.00
------------------------------
-570.00 -570.00 0.00
01-083 MS Tasha Wolfe Previous N 1 1 BASE RENT -613.00 -613.00 0.00
Move Out:6/1/2003
------------------------------
-613.00 -613.00 0.00
01-087 MR Demelri s Raines Current C 0 2 BASE RENT -715.00 -715.00 0.00
------------------------------
-715.00 -715.00 0.00
01-095 MRS. FAGAL NEWBY (904)777-5408 Current N 1 1 NSF CHECK FEE -750.00 -750.00 0.00
------------------------------
-750.00 -750.00 0.00
01-098 MS SHAWNA JELKS Current N 1 0 BASE RENT -655.00 -655.00 0.00
------------------------------
-655.00 -655.00 0.00
01-102 Jack D. McCrary Current N 0 0 BASE RENT 50.00 0.00 0.00
------------------------------
50.00 0.00 0.00
01-111 David M. Humphrey Current N 1 0 BASE RENT -350.00 -350.00 0.00
------------------------------
-350.00 -350.00 0.00
01-115 MR Shelton Floyd Current N 1 0 BASE RENT -781.00 -781.00 0.00
------------------------------
-781.00 -781.00 0.00
01-117 MR Hector Morales Previous N 0 0 BASE RENT -613.00 -613.00 0.00
Move Out:5/10/2003
------------------------------
-613.00 -613.00 0.00
01-120 Ms Joye R. Smith Current N 0 0 PET FEE -22.00 -22.00 0.00
BASE RENT -635.00 -657.00 0.00
------------------------------
-657.00 -679.00 0.00
01-134 Mr Donald Pennington Current N 0 0 PET FEE -669.00 -669.00 0.00
------------------------------
-669.00 -669.00 0.00
01-141 MR ANTHONY SMITH (904)536-8065 Current N 1 0 BASE RENT -408.00 -454.00 0.00
------------------------------
-408.00 -454.00 0.00
01-143 MS. WANDA J. GOODMAN (904)778-1270 Current N 1 1 BASE RENT -392.83 -525.00 0.00
WASHER/DRYER 1.33 0.00 0.00
------------------------------
-391.50 -525.00 0.00
0 - 30 31-60 61-90 OVER 90
APT. NAME DAYS DAYS DAYS DAYS
-----------------------------------------------------------------------------------------
0.00 428.00 0.00 355.00
------------------------------------------
0.00 428.00 0.00 464.00
01-076 Ms. Edith S. Rames 0.00 19.00 0.00 0.00
0.00 0.00 0.00 0.00
------------------------------------------
0.00 19.00 0.00 0.00
01-077 MR Rus 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-083 MS Tasha Wolfe 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-087 MR Demelri s R ines 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-095 MRS. FAGAL NEWBY (904)777-5408 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-098 MS SHAWNA JELKS 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-102 Jack D. McCrary 50.00 0.00 0.00 0.00
------------------------------------------
50.00 0.00 0.00 0.00
01-111 David M. Humphrey 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-115 MR Shelton Floyd 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-117 MR Hector Morales 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-120 Ms Joye R. Smith 0.00 0.00 0.00 0.00
0.00 22.00 0.00 0.00
------------------------------------------
0.00 22.00 0.00 0.00
01-134 Mr Donald Pennington 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-141 MR ANTHONY SMITH (904)536-8065 0.00 46.00 0.00 0.00
------------------------------------------
0.00 46.00 0.00 0.00
01-143 MS. WANDA J. GOODMAN (904)778-1270 0.00 132.17 0.00 0.00
0.00 1.33 0.00 0.00
------------------------------------------
0.00 133.50 0.00 0.00
3
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RESIDENT CR # #
APT. NAME STATUS ST LT RTN DESCRIPTION TOTAL DUE PREPAID FUTURE
---------------------------------------------------------------------------------------------------------------------------------
01-157 MR. EDWARD ROBERTS (904)777-0025 Current N 1 0 BASE RENT -137.00 -137.00 0.00
------------------------------
-137.00 -137.00 0.00
01-161 MR Randy Jaerger Current N 1 0 BASE RENT -256.00 -256.00 0.00
------------------------------
-256.00 -256.00 0.00
01-170 MS Deaise Bynl Current N 1 0 BASE RENT -103.00 -103.00 0.00
------------------------------
-103.00 -103.00 0.00
01-171 MR Sanchez Antonio Current N 0 0 BASE RENT -663.00 0.00 0.00
------------------------------
-663.00 0.00 0.00
01-173 Dennis Reid (904)219-1267 Current N 0 0 BASE RENT -645.00 -645.00 0.00
------------------------------
-645.00 -645.00 0.00
01-174 MR HARVEY Mobel Current N 1 0 BASE RENT -404.00 -404.00 0.00
------------------------------
-404.00 -404.00 0.00
01-184 MR Randy Heam Current N 0 1 LATE CHARGE 75.00 75.00 0.00
NSF CHECK FEE 50.00 0.00 0.00
BASE RENT 461.00 0.00 0.00
------------------------------
586.00 75.00 0.00
01-185 MR John Conner Current N 1 1 BASE RENT 680.00 0.00 0.00
------------------------------
680.00 0.00 0.00
01-186 MR Justin Smolenski Transfer N 0 0 BASE RENT 27.00 0.00 0.00
WASHER/DRYER -35.00 -35.00 0.00
------------------------------
-8.00 -35.00 0.00
01-190 Mr Christopher Winh Current N 0 0 BASE RENT -542.00 -542.00 0.00
------------------------------
-542.00 -542.00 0.00
01-205 MR Theodore Martin Current N 0 0 BASE RENT -481.00 -481.00 0.00
------------------------------
-481.00 -481.00 0.00
01-213 Gerald ABRON Previous N 1 0 BASE RENT 98.00 0.00 0.00
Move Out:7/3/2003
------------------------------
98.00 0.00 0.00
01-214 MS Delores Wright Current N 2 0 LATE CHARGE -11.00 -11.00 0.00
LEGAL FEE -405.00 -405.00 0.00
------------------------------
-416.00 -416.00 0.00
01-217 MS Kellic Jacobs ( ) Current N 0 0 BASE RENT -705.00 -705.00 0.00
------------------------------
-705.00 -705.00 0.00
01-218 Mr. Antonio Current N 0 0 BASE RENT -274.00 -274.00 0.00
0 - 30 31-60 61-90 OVER 90
APT. NAME DAYS DAYS DAYS DAYS
-----------------------------------------------------------------------------------------
01-157 MR. EDWARD ROBERTS (904) 777-0025 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-161 MR Randy Jaerger 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-170 MS Deaise Bynl 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-171 MR Sanchez Antonio 519.00 0.00 -1,182.00 0.00
------------------------------------------
519.00 0.00 -1,182.00 0.00
01-173 Dennis Reid (904)219-1267 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-174 MR HARVEY Mobel 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-184 MR Randy Heam 0.00 0.00 0.00 0.00
50.00 0.00 0.00 0.00
461.00 0.00 0.00 0.00
------------------------------------------
511.00 0.00 0.00 0.00
01-185 MR John Conner 680.00 0.00 0.00 0.00
------------------------------------------
680.00 0.00 0.00 0.00
01-186 MR Justin Smolenski 27.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00
------------------------------------------
27.00 0.00 0.00 0.00
01-190 Mr Christopher Winh 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-205 MR Theodore Martin 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-213 Gerald ABRON 63.00 35.00 0.00 0.00
------------------------------------------
63.00 35.00 0.00 0.00
01-214 MS Delores Wright 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-217 MS Kellic Jacobs ( ) 0.00 0.00 0.00 0.00
------------------------------------------
0.00 0.00 0.00 0.00
01-218 Mr. Antonio 0.00 0.00 0.00 0.00
4
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RESIDENT CR # #
APT. NAME STATUS ST LT RTN DESCRIPTION TOTAL DUE PREPAID FUTURE
--------------------------------------------------------------------------------------------------------------------------------
Property Total -9,939.72 -17,234.89 0.00
0 - 30 31-60 61-90 OVER 90
APT. NAME DAYS DAYS DAYS DAYS
-----------------------------------------------------------------------------------------
Property Total 3,215.00 3,133.67 -1,182.00 2,168.50
Aged Delinquency Summary
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TOTAL 0 - 30 31 - 60 61 - 90 OVER 90
DESCRIPTION DUE FUTURE DAYS DAYS DAYS DAYS
------------------------------------------------------------------------------
LATE CHARGE 360.00 0.00 0.00 0.00 0.00 360.00
LEGAL FEE 210.00 0.00 0.00 0.00 0.00 210.00
NSF CHECK FEE 135.00 0.00 100.00 0.00 0.00 35.00
BASE RENT 6,628.84 0.00 3,115.00 3,132.34 -1,182.00 1,563.50
WASHER/DRYER 1.33 0.00 0.00 1.33 0.00 0.00
---------------------------------------------------------
7,335.17 0.00 3,215.00 3,133.67 -1,182.00 2,168.50
------------------------------------------------------------------------------
Aged Prepaid Summary
[Download Table]
DESCRIPTION TOTAL DUE
-------------------------------------
LATE CHARGE 64.00
LEGAL FEE -405.00
NSF CHECK FEE -750.00
PET FEE -691.00
BASE RENT -15,157.89
SECURITY -300.00
WASHER/DRYER -35.00
----------
-17,274.89
-------------------------------------
5
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RESIDENT CR # #
APT. NAME STATUS ST LT RTN DESCRIPTION TOTAL DUE PREPAID FUTURE
--------------------------------------------------------------------------------------------------------------------------------
0 - 30 31-60 61-90 OVER 90
APT. NAME DAYS DAYS DAYS DAYS
-----------------------------------------------------------------------------------------
Summary By Apt. Status
[Download Table]
DESCRIPTION TOTAL APPLICANT CURRENT PREVIOUS
-----------------------------------------------------------------------
LATE CHARGE 424.00 0.00 188.00 236.00
LEGAL FEE -195.00 0.00 -405.00 210.00
NSF CHECK FEE -615.00 0.00 -650.00 35.00
PET FEE -691.00 0.00 -691.00 0.00
BASE RENT -8,529.05 0.00 -7,732.72 -796.33
SECURITY -300.00 0.00 -300.00 0.00
WASHER/DRYER -33.67 0.00 -33.67 0.00
--------------------------------------------
-9,939.72 0.00 -9,624.39 -315.33
-----------------------------------------------------------------------
6
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RESIDENT CR # #
APT. NAME STATUS ST LT RTN DESCRIPTION TOTAL DUE PREPAID FUTURE
--------------------------------------------------------------------------------------------------------------------------------
Grand Total -9,939.72 -17,274.89 0.00
0 - 30 31-60 61-90 OVER 90
APT. NAME DAYS DAYS DAYS DAYS
-----------------------------------------------------------------------------------------
Grand Total 3,215.00 3,133.67 -1,182.00 2,168.50
OAKS
MANAGEMENT FEE CALCULATION
(Recalculated to deduct prepaid rents)
[Download Table]
RATE
0.035
-----------
03-May Rents collected per closing 45,855.81
Less ppd rents -3,612.11
----------
Collections subject to mgmt fee 42,243.70 1,478.53
03-Jun Rents collected 148,536.93
Plus other income 3,779.00
Plus/Minus dif in ppd rent -11,071.65
Less NSFs 0.00
----------
Collections subject to mgmt fee 141,244.28 4,943.55
03-Jul Rents collected 160,446.48
Plus other income 2,393.56
Plus/Minus dif in ppd rent -2,591.13
Less NSFs -3,589.00
----------
Collections subject to mgmt fee 156,659.91 5,483.10
TOTAL 11,905.18
[Download Table]
G/L 20301 PREPAID RENTS-MONTHLY (INCR)/DECR
------------------------------------------------------------------------------
05/01/2003 0.00
05/31/2003 -3,612.11 -3,612.11
06/30/2003 -14,683.76 -11,071.65
07/31/2003 -17,274.89 -2,591.13
BC-Bainbridge Timuquana LLC
CASH FLOW CURRENT - CURRENT BALANCE
For the Period Ended July 31, 2003
[Download Table]
CURRENT PERIOD CURRENT
ACTIVITY BALANCE
ADJUSTMENTS
Wachovia Operating Account $ (3,914.89) $ 78,151.68
Wachovia Security Deposit (1,922.00) 32,766.00
Real Estate Tax Escrow 23,127.50 104,073.75
Completion Escrow 26,174.00
Capital Improvements Escro 2,161,313.00
A/R. - Tenants (12,055.15) 7,335.17
A/R. - NSF Checks 91.00 3,666.00
Due to/from Property Mgmt (1,234.98)
Wachovia Operating Account (3,914.89) 78,151.68
Wachovia Security Deposit (1,922.00) 32,766.00
Real Estate Tax Escrow 23,127.50 104,073.75
Completion Escrow 26,174.00
Capital Improvements Escro 2,161,313.00
---------------- ----------------
TOTAL ADJUSTMENTS $ 21,382.09 $ 4,815,958.03
INVESTMENT PROPERTY
Building $ (736.00) $ 6,461,188.98
Land 1,550,000.00
Furniture, Fixtures & Equip 1,077.22 685,555.72
Loan Costs 120,684.49
Accum. Deprec. - Building (20,980.28) (41,960.56)
Accum. Amort - Loan Costs (1,436.72)
Accum. Deprec. - Furn/Fix/E (43,103.43) (86,127.86)
---------------- ----------------
TOTAL INVESTMENT PRPTY $ (63,742.49) $ 8,687,904.05
---------------- ----------------
TOTAL OTHER ASSETS $ (42,360.40) $ 13,503,862.08
---------------- ----------------
PREPAIDS
Utility Deposits $ 11,500.00
Prepaid Insurance (4,367.72) 4,368.56
---------------- ----------------
TOTAL PREPAID $ (4,367.72) $ 15,868.56
CURRENT LIABILITIES
Hard Costs - Construction $ 5,523.72 $ 25,523.72
Accounts Payable (742.66) 7,304.92
A/P - BC-Bainbridge LLC (8,736.28)
Accrued Expenses 497.71 15,635.71
Accrued Property Taxes 10,192.00 58,421.07
Accrued Interest Payable (23,306.40)
Management Fee Payable (7,540.63) (604.62)
A/P - Tenants (1,305.00)
A/P - Prior Owner 4,555.73
Intercompany Payable 10.70
---------------- ----------------
TOTAL CURRENT LIAB $ (25,417.54) $ 110,847.23
[Download Table]
CURRENT PERIOD CURRENT
ACTIVITY BALANCE
OTHER LIABILITIES
Prepaid Rents - Monthly $ 2,591.13 $ 17,274.89
Security Deposits-Tenant (668.00) 32,098.00
---------------- ----------------
TOTAL OTHER LIAB $ 1,923.13 $ 49,372.89
NOTES PAYABLE
Mortgage Payable $ 6,474,000.00
---------------- ----------------
TOTAL NOTES PAYABLE $ 6,474,000.00
---------------- ----------------
TOTAL LIABILITIES $ (27,862.13) $ 6,650,088.68
---------------- ----------------
TOTAL ADJUSTMENTS $ (14,498.27) $ 6,853,773.40
================ ================
EXHIBIT B
EXECUTIVE PERSONNEL AND BUILDING MANAGER
Rick Giles - President, Property Management
Brian Cohen - Controller
Jennifer Hardiman - Asset Manager
Bay Pointe - Lori Mcader, Property Manager
Oaks at Timuquana - Michele Kimpson
Spicewood Springs - Kris Squires
EXHIBIT C
REIMBURSABLE EMPLOYEE EXPENSE SCHEDULE
See Attached.
REIMBURSABLE EMPLOYEE EXPENSE SCHEDULE
[Enlarge/Download Table]
WAGES BONDED/COVERED
CHARGED TO UNDER
EMPLOYEE TITLE SALARY START DATE FT/PT PROPERTY CRIME INSURANCE
THE OAKS Michele Kimpson Manager $ 38,000.00 7/13/03 FT 100% Yes
LeeAnn Galloway Assistant Property Manager $ 14.42 5/22/03 FT 100% Yes
Teena Myers Leasing Consultant $ 9.50 5/22/03 FT 100% Yes
Ramon DeClemente Maintenance Supervisor $ 15.00 5/22/03 FT 100% Yes
Warren Hodges Maintenance Assistant $ 10.50 7/9/03 FT 100% Yes
Fem Childs Groundskeeper $ 8.00 6/16/03 FT 100% Yes
BAY POINT Lori Meader Manager $ 38,000.00 6/9/03 FT 100% Yes
Christine Colon Assistant Property Manager $ 11.50 5/22/03 FT 100% Yes
Lorell Pugh Leasing Consultant $ 9.00 5/22/03 FT 100% Yes
Kevin Parker Maintenance Supervisor $ 17.00 6/23/03 FT 100% Yes
Willie Williams Maintenance Assistant $ 12.00 7/14/03 FT 100% Yes
Edwin Walker Groundskeeper $ 8.00 7/14/03 FT 100% Yes
Open Groundskeeper FT 100% Yes
SPICEWOOD Anne (Kris) Squires Manager $ 42,000.00 6/5/03 FT 100% Yes
Heather Esqullin Assistant Property Manager $ 13.46 6/23/03 FT 100% Yes
Katonya Hardridge Leasing Consultant $ 8.42 5/30/03 FT 100% Yes
Darlene Shreve Leasing Consultant $ 10.00 7/2/03 FT 100% Yes
Open Leasing Consultant FT 100% Yes
Russel Henderson Maintenance Supervisor $ 17.00 6/11/03 FT 100% Yes
Robert Neubert Maintenance Technician $ 10.50 7/14/03 FT 100% Yes
Andre Haynes Groundskeeper $ 8.75 6/11/03 FT 100% Yes
Chris Martin Groundskeeper $ 9.00 6/23/03 FT 100% Yes
Daniel Robertson Groundskeeper $ 8.00 7/11/03 FT 100% Yes
EXHIBIT D
ANNUAL BUSINESS PLAN
See Attached.
THE OAKS AT TIMUQUANA
MARKETING AND MANAGEMENT PLAN
MAY 8, 2003
PREPARED BY: THE BAINBRIDGE COMPANIES
MACRO MARKET OVERVIEW
The Jacksonville economy has benefited in recent years from strong job growth,
and continues to display favorable trends, even as many other regions struggle
to emerge from the recent recession. The region's diverse industry base -
including a large military presence and low dependence on weak sectors such as
tourism and technology - has allowed it to avoid much of the negative economic
impact experienced in other areas. Through February, 2003 non-farm employment
was up 1.4% from 12 months earlier. Primary business sector concentrations
currently include transportation, retail, services and the military. Expansion
in the business and financial service industries has offset declines in trade
and transportation. Over the last five years companies expanding or relocating
to the area have created over 60,000 new jobs. Jacksonville is outgrowing 5 out
of 6 metropolitan areas in the United States, and is now the 44th largest metro
area in the country.
ECONOMIC CONDITIONS
- MSA. POPULATION OF 1.2 MILLION, A 21.4% INCREASE FROM 1990
- UNEMPLOYMENT OF 5.2% IS BELOW THE NATIONAL AVERAGE BY .60%
- TOTAL EMPLOYMENT OF OVER 400,000, AN INCREASE OF .43% OVER LAST YEAR
- MEDIAN SINGLE-FAMILY HOME PRICE $163,930
- HOME APPRECIATION 9.3%
- MEDIAN AGE 35
- PROJECTED ANNUAL EMPLOYMENT GROWTH 2.2%
- 2ND FASTEST GROWING CITY IN THE SOUTHEAST
- 8TH FASTEST GROWING LARGE CITY IN THE UNITED STATES
- OFFICE VACANCY RATE 17%
- 11TH RANKED JOB GROWTH MARKET IN THE UNITED STATES IN 2002 + .8%
- $6.1 BILLION ECONOMIC IMPACT DUE TO MILITARY PRESENCE
- 2005 SUPER BOWL ECONOMIC IMPACT - OVER $300 MILLION
MICRO MARKET VIEW
The Westside sub market is home to the Jacksonville Naval Air Station, the
city's largest employer. The Westside also consists of restaurants, shopping
malls, entertainment, and is convenient to downtown jobs. Due to the city's
focus on directing growth toward the Westside, the market has benefited from
additional jobs and is well positioned to take advantage of anticipated future
growth.
Also located in the Westside sub market, the Orange Park Mall anchors one of the
area's most vibrant commercial districts. The mall and surrounding entertainment
including the new 24-screen theatre are key components of one of the finest
entertainment and dining venues in northeast Florida.
The Westside also has several major office/industrial parks that are home to
large employers including Winn Dixie stores and Southeastern Toyota
Distributors, Inc. Other large Westside employers include United Parcel Service
and AT&T. The Conversion of the Cecil Field Naval Station to the Cecil Commerce
Center has resulted in additional jobs with companies such as Northrop Grumman,
Boeing, and Lockheed. These companies and others should create more than 16,000
new jobs in the commerce center over the next 20 years.
LOCATIONAL FACTORS
- RECENT REVITALIZATION OF 300,000 SQUARE FOOT CEDAR HILLS SHOPPING
CENTER
- CLOSE PROXIMITY TO 1 MILLION SQUARE FOOT ORANGE PARK MALL
- CONVENIENT TO DOWNTOWN JACKSONVILLE AND APPROXIMATELY 70,000 JOBS
- HOME OF THE JACKSONVILLE AIR STATION WITH OVER 16,000 JOBS
- THE JACKSONVILLE NAVY CREDIT UNION RECENTLY COMPLETED A NEW 100,000
SQUARE FOOT HEADQUARTERS IN THE AREA.
- MAJOR ARTERIAL ACCESS TO ALL OF JACKSONVILLE VIA 1-295
COMPETITIVE SET ANALYSIS
The Jacksonville rental market remains strong as occupancy is at 94%, an
increase of over 1% from the previous year. In contrast to the downward national
trend, Jacksonville is among only 16 markets in the United States in which
demand has increased. In addition, Jacksonville is one of only 10 metro areas
that have experienced rent growth over the last 12 months in excess of 2%. Only
1,300 new units were delivered in 2002, and another 2,165 units are expected in
2003. Between 2004 and 2007, demand will continue to exceed supply.
The Oaks at Timuquana is located in the Westside sub market. The primary
competitors are located to the west and southwest of the property. Due to its
close proximity to the air station The Oaks has a distinct advantage over
competing properties. The property also benefits from Roosevelt Boulevard
frontage.
Overall occupancy in the sub market is 94.2%, while rental rates have recently
begun to increase at a rate slightly higher than those in the overall market.
Rental rates grew by nearly 1% in the 4th quarter of 2002. During 2002, a
300-unit tax credit project was added to the inventory of the sub market, while
there are two projects proposed for 2003, totaling 460 units. Both of the
proposed properties are expected to be income restricted.
The top competitors for The Oaks at Timuquana are expected to be Planters Walk,
Westland Park, and Hidden Harbor.
PLANTERS WALK - Built in 1973, Planters Walk consists of 216 units. The
property underwent a complete renovation in 1999/2000. For comparable floor
plans, the rental rates at Planters Walk are between $70 and $80 higher
than those at The Oaks.
WESTLAND PARK - Built in 1988, Westland Park consists of 404 units.
Positioned as a market leader, rental rates at Westland Park are between
$40 and $118 higher than those at The Oaks, for an average difference of
$106.
HIDDEN HARBOR - Built in 1971, Hidden Harbor consists of 138 units.
Positioned as one of the low rent providers in the market, the project
appears to be under priced. An inferior location as compared to The Oaks
may have an unfavorable impact on the pricing structure.
OPERATING BUDGET
REVENUE:
[Download Table]
Market Rent Growth month 1 - month 12 10.63%
Annualized Loss to Lease 5.24%
Gross Potential Rent Growth month 1 - month 12 4.75%
Annualized Physical Occupancy 92.13%
Annualized Uncollected Rent/Bad Debt 1.4%
Annualized Economic Occupancy 85.94%
Concessions 4.3%
Gross revenue is budgeted to increase in year one by 9.96% over 2002, as
the property will undergo a complete renovation and be repositioned in the
market. Rental rates are projected to increase by approximately 10%. Value
will be enhanced as a result of a combination of exterior upgrades,
interior renovation, and improved property operations.
The exterior upgrades will have a significant impact on the marketability
of the community. Planned upgrades include:
- REPLACE PLAYGROUND EQUIPMENT
- SEAL COAT PARKING LOT
- REPLACE MONUMENT SIGN
- LANDSCAPE/GROUNDS UPGRADES
- REPAIR VOLLEYBALL AREA
- INSTALL GRILLS
- THE ADDITION OF POOL FURNITURE AND PARK BENCHES
- REPLACE LEASING OFFICE FURNITURE
- PAINT BUILDING EXTERIORS
These improvements will have a significant impact on demand, as the
appearance of the property will create a favorable first impression, due to
the high degree of visibility from Roosevelt Boulevard.
It is likely that the improved curb appeal will result in increased demand.
As the exterior improvements stimulate demand, the interior renovation
program will result in a higher capture ratio. The high impact items
included in the interior upgrade scope are;
- NEW CARPET
- REFINISHED KITCHEN CABINETS AND NEW COUNTERTOPS
- NEW APPLIANCES
- NEW BATHROOM VANITIES
- INSTALLATION OF WASHER/DRYERS IN ONE BEDROOM UNITS
An average of 19 renovated units will be delivered per month. These units
will be absorbed within 30 days of being placed back in service.
The most critical element of the repositioning of the community is improved
property operations. A professional team of highly motivated individuals is
necessary to provide the level of customer service required as rental rates
increase. A significant opportunity exists to elevate the level of service
at the property. Essential components of improved customer service include:
- RESPONSIVE MAINTENANCE SERVICE
- STRONG RESIDENT RETENTION PROGRAMS
- EXTENDED OFFICE HOURS
- STAFF SALES TRAINING
- MANAGEMENT FOLLOW UP
As an incentive to provide exceptional customer service and achieve goals,
a bonus program will be implemented for the team. All incentive programs
will be related to property performance versus expectations.
EXPENSES
Total controllable operating expenses are budgeted to increase by 3%. These
costs are projected to increase due to the repositioning of the property as
it relates to curb appeal and resident profile. In year one it will be
necessary to maintain and market the community at a much higher level than
in previous years, which will result in increased rental rates and an
improved resident profile.
Non-controllable expenses are expected to increase by 9.78%, due to
increased property taxes (16%) associated with the assessed value post
closing. Additionally, insurance is expected to increase by nearly 25%, as
insurance costs have risen dramatically over the last three years.
Total expenses are budgeted to increase by 5% in year one, however net
operating income is projected to increase by 16% in year one, even as the
property is slightly repositioned in the market. The property will be
positioned to achieve accelerated NOI growth in years 2 - 5 as a result of
the operational improvements implemented in year one.
MARKETING PLAN
Due to the favorable location of the property, an effort to capture additional
drive by traffic by improving curb appeal will create increased demand. The
overall marketability of this property is driven primarily by the high
visibility location.
The following areas have been identified as key components to a successful
marketing campaign.
- OUTREACH PROGRAM FOCUSED ON RETAIL, ENTERTAINMENT, DINING, OFFICE,
AND MILITARY SECTORS. RELATIONSHIPS WITH THESE BUSINESSES WILL
GENERATE ADDITIONAL TRAFFIC TO THE PROPERTY. ($1,200 ANNUAL
EXPENSE)
- STRONG INTERNET MARKETING PRESENCE THROUGH VARIOUS WEB SITES
INCLUDING HOMESTOR.COM AND RENTNET. ($2,519 ANNUAL EXPENSE)
- UTILIZATION OF PRINT ADVERTISING INCLUDING THE APARTMENT GUIDE AND
FOR RENT MAGAZINES. ($14,400 ANNUAL EXPENSE)
- LOCATOR/REALTOR COOPERATION INCLUDING OPEN HOUSES AND SPECIAL
INCENTIVES TO INTRODUCE THE NEW OAKS AT TIMUQUANA. ($3,600 ANNUAL
EXPENSE)
- BI-WEEKLY/MONTHLY RESIDENT AND PROSPECT SOCIAL FUNCTIONS. ($3,600
ANNUAL EXPENSE)
- STRONG RESIDENT REFERRAL PROGRAM CONTINUALLY MARKETED TO EXISTING
RESIDENTS. ($4,800 ANNUAL EXPENSE)
- COMMUNITY INVOLVEMENT WILL RESULT IN A GENERAL AWARENESS OF THE
PROPERTY AND THE EXCELLENT LOCATION. THE ON SITE TEAM WILL SEEK OUT
CITYWIDE PROJECTS AND FUNDRAISING EVENTS TO ENHANCE THE VISIBILITY
OF THE PROPERTY WITHIN THE AREA.
- SIGNAGE ADDITIONS/UPGRADES WILL CONTRIBUTE TO INCREASED TRAFFIC TO
THE PROPERTY (CAPITAL EXPENSE $25,000)
- IMPROVED CUSTOMER SERVICE AND MAINTENANCE PROGRAMS WHICH WILL
RESULT IN INCREASED RESIDENT RETENTION.
PROPOSED STAFFING PLAN
[Download Table]
TITLE SALARY
----- ----------
Property Manager $ 38,000
Assistant Manager 31,200
Leasing Consultant 18,720
Maintenance Supervisor 31,200
Maintenance Assistant 22,880
Groundskeeper 18,720
-----------------------------------------
Total Salaries $ 160,720
BRIDGE
OAKS AT TIMUQUANA
RENTAL RATE COMPARISON BY PROPERTY
MAY 2003
[Enlarge/Download Table]
PERCENT
OC . NUMBER OF UNIT SQUARE RENT/
PROPERTY NAME YEAR BUILT % UNITS TOTAL TYPE FOOTAGE RENT SQ.FT.
---------------------------------------------------------------------------------------------------
Oaks at Timuquana 1971 92% 32 14.04% EFF 470 $ 460 $ 0.98
Oaks at Timuquana 64 28.07% 1/1 635 $ 540 $ 0.85
Oaks at Timuquana 64 28.07% 2/1 1060 $ 650 $ 0.61
Oaks at Timuquana 24 10.53% 2/2 1176 $ 705 $ 0.60
Oaks at Timuquana 44 19.30% 3/2 1324 $ 781 $ 0.59
TOTAL/AVERAGE: 228 100.00% 921 624 $ 0.68
Planters Walk 1973 89% 24 11.11% 1/1 534 $ 519 $ 0.97
Planters Walk 48 22.22% 1/1 860 $ 569 $ 0.66
Planters Walk 92 42.59% 2/1 1,085 $ 719 $ 0.66
Planters Walk 32 14.81% 2/1.5 990 $ 689 $ 0.70
Planters Walk 16 7.41% 3/2 1,210 $ 865 $ 0.71
Planters Walk 4 1.85% 4/2 1,415 $ 965 $ 0.68
TOTAL/AVERAGE: 216 100.00% 975 674 $ 0.69
Westland Park 1988 95% 84 20.79% 1/1 650 $ 580 $ 0.69
Westland Park 60 14.85% 1/1 750 $ 631 $ 0.84
Westland Park 28 6.93% 1/1 875 $ 681 $ 0.78
Westland Park 48 11.88% 2/1 950 $ 720 $ 0.76
Westland Park 60 14.85% 2/2 1040 $ 780 $ 0.75
Westland Park 28 6.93% 2/2 1175 $ 785 $ 0.67
Westland Park 12 2.97% 2/2 1230 $ 673 $ 0.71
Westland Park 84 20.79% 3/2 1450 $ 898 $ 0.62
TOTAL/AVERAGE: 404 100.00% 994 730 $ 0.73
Hidden Harbor 1971 96% 48 34.78% 1/1.5 1040 $ 605 $ 0.58
Hidden Harbor 12 8.70% 2/1 1127 $ 630 $ 0.56
Hidden Harbor 20 14.49% 2/1.5 1120 $ 645 $ 0.58
Hidden Harbor 10 7.25% 2/1.5 1213 $ 665 $ 0.55
Hidden Harbor 8 5.80% 2/2 1213 $ 660 $ 0.54
Hidden Harbor 20 14.49% 3/2 1213 $ 755 $ 0.62
Hidden Harbor 10 7.25% 3/2 1460 $ 820 $ 0.56
Hidden Harbor 10 7.25% 3/2 1550 $ 820 $ 0.53
TOTAL/AVERAGE: 138 100.00% 1,174 673 $ 0.57
EXHIBIT E
LIST OF SERVICE CONTRACTS
See Attached.
Service Contracts
[Enlarge/Download Table]
CONTRACT SERVICE NATURE OF LENGTH OF ECONOMIC
DATE PROVIDER SERVICE CONTRACT TERMS (1)
Bay Points
2/1/02 Heald Laundries Laundry Lease 7 Years See Contract
11/4/9? Bell South Telephone 5 Years See Contract
11/12/97 MediaOne Cable 10 Years See Contract
8/1/00 BFI Trash Removal 18 Months $1,430.07/month
?/1/02 Nanak's Landscaping Landscaping Services 1 Year $3,084/month
8/1/02 A Greener Image, Inc. Landscaping Services 1 Year Turf Program $870 in March, June,
August & November. Shrub Program
$527 in March & November; $237 in
June & August.
12/20/02 Homestone.com Internet Advertising 1 Year $231.60/month
12/27/02 Apartments.com Internet Advertising 1 Year $24,88/month (approximate pro-rated
amount)
Oaks at Timuquana
1/30/00 Heald Laundries Laundry Lease 7 Years See Contract
11/4/98 Bell South Telephone 5 Years See Contract
11/12/97 MediaOne Cable 10 Years See Contract
10/8/01 Copytronics Copier Rental 3 Years $338/month plus $.018 for
additional copies
?/1/02 Valley ? Landscape 1 Year $1,500/month
12/31/01 Apartment Fire Extinguisher Services, Inc. Fire Equipment Service $788/annually
8/1/00 BFI Trash Removal 18 Months $1,257/month
2/1/9? ? Utility Services Environmental Consulting 1 Year $35/month
9/5/02 Turner Pest Control Pest Control 1 Year $3,450/annually
8/1/02 Crown Pest Control Pest Control 1 Year $228/monthly
ADT Security Services $32.05/month
?/1/02 A Greener Image, Inc. Landscape Services 1 Year Turf Program $625 in March &
November; $51 in June & August.
Shrub program $2 4 in March &
November; $154 in June & August.
10/24/97 Scott Alarm Security Services 3 Years $31.90/month
12/1?/02 Homestone.com Internet Advertising 1 Year $1,031/month
Spicewood Springs
5/1/02 Nanaks Landscape 1 Year $5.120/month
2/1/03 Crown Pest Control Pest Control 1 Year $4?1/month
3/1/03 BFI Trash Removal 3 Years $85/h , $31/ton plus 12%
franchise fee.
Commercial Chemical Pool Chemical Verbal Agreement - no contract
available.
1/1/02 Greater Jacksonville Apartment Guide Apartment Guide 1 Year $420/month
12/18/98 Colnmach Laundry Equipment 10 Years See Contract
3/12/98 ? Office Copier Maintenance 13 Months $52?/month plus $.015/per copy of
2?,000 copies.
8/18/?? Estate Management Services Lake Maintenance 1 Year $80/months
? Paging Pagers 36 Months See Contract
8/1?/02 Apartments.com Internet Advertising See Contract
8/29/01 Resident Update Newsletters 1 Year See Contract
10/31/97 BellSouth Telephone 7 Years See Contract
6/12/98 Comcast Cable 7 Years See Contract
(1) See contract for specific details of economic terms.
EXHIBIT F
AFFILIATES OF MANAGER
Bainbridge Wellington Green Limited Partnership
Bainbridge Presidential Towers Limited Partnership
Fairview Forest Apartments, LLC
Bainbridge Vero, LLLP
Each of the foregoing entities owns a rental apartment property within the State
of Florida and is an Affiliate of the Manager. There are numerous other entities
which are Affiliates of Manager, but all of those other entities either has an
ownership interest in or a contractual relationship with the foregoing entities.
EXHIBIT G
COMPETING PROPERTY IN WHICH MANAGER HAS AN INTEREST
Bay Pointe
4500 Baymeadows Road
Jacksonville, FL 32217
Oaks at Timuquana
6017 Roosevelt Boulevard
Jacksonville, FL 32244
Spicewood Springs
445 Monument Road
Jacksonville, FL 32225
EXHIBIT G-1
MANAGER'S OTHER PROPERTIES
2501 Ocean Drive
2501 S. Ocean Drive
Hollywood, FL 33019
The Estates at Wellington Green
2301 Wellington Green Drive
Wellington, FL 33414
Dates Referenced Herein
| Referenced-On Page |
|---|
| This ‘S-11/A’ Filing | | Date | | First | | Last | | | Other Filings |
|---|
| |  |
| Filed on: | | 4/9/04 | | | | | | | None on these Dates |
| | 7/31/03 | | 11 | | 44 |
| | 5/8/03 | | 50 |
| List all Filings |
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