This rare portfolio consists of 3 sets of properties: A) 1119 Willow St with four fourplexes of 2bed/1bath totaling 16 units, B) 722-730 Cedar Ave with two adjoining fourplexes of 2bed/1bath totaling 8 units and C) 199-217 Broadway with two adjoining triplexes of 2bed/1bath totaling 6 units. All have on-site laundry. These fully occupied properties are professionally managed and rarely see any vacancies with a significant number of potential tenants on the wait-list. With the potential growth and strong demand from the recent addition of UC Merced, and the upcoming California High Speed Rail which connects the state, Atwater and the value of these buildings are sure to grow.

1119 Willow is offered at $1,299,000 722-130 Cedar Ave is offered at $749,000 199-217 Broadway is offered at $549,400

1119 Willow St.

730 Cedar Ave

Ton Dang, Broker, TD Real Estate Cell: 650-219-2926 tondang@tdrealestate.com Lic # 01255374

1534 Plaza Lane, #227, Burlingame CA 94010The information herein is from a variety of sources, including MLS, public records and the seller. TD Real Estate has not verified or investigated the accuracy of this information.

Buyers should conduct their own investigation of the property and the information contained herein before purchasing this property.

199 Broadway Ave

Atwater

Ton Dang, Broker, TD Real Estate Cell: 650-219-2926 tondang@tdrealestate.com Lic # 01255374

1534 Plaza Lane, #227, Burlingame CA 94010The information herein is from a variety of sources, including MLS, public records and the seller. TD Real Estate has not verified or investigated the accuracy of this information.

Buyers should conduct their own investigation of the property and the information contained herein before purchasing this property.

Atwater

Applegate Ranch Shopping CenterCircle K

Singh’s Market

Shaffer Elementary

Target

Walmart

Starbucks

722-130 Cedar Ave

1119-1155 Willow St

Ton Dang, Broker, TD Real Estate Cell: 650-219-2926 tondang@tdrealestate.com Lic # 01255374

1534 Plaza Lane, #227, Burlingame CA 94010The information herein is from a variety of sources, including MLS, public records and the seller. TD Real Estate has not verified or investigated the accuracy of this information.

Buyers should conduct their own investigation of the property and the information contained herein before purchasing this property.

199-217 Broadway Ave

RENT ROLL

Unit Unit Type

ProForma

RentActualRent Deposit Move in Date

1119A 2bed-1bath 800.00 525.00 300.00 05/01/07

1119B 2bed-1bath 800.00 525.00 1,000.00 03/09/06

800.00 525.00 500.00 03/09/06

1119C 2bed-1bath 800.00 525.00 495.00 09/15/15

1119D 2bed-1bath 800.00 550.00 1,100.00 12/07/18

1155A 2bed-1bath 800.00 425.00 475.00 02/24/11

1155B 2bed-1bath 800.00 525.00 500.00 09/01/07

1155C 2bed-1bath 800.00 525.00 495.00 08/01/15

1155D 2bed-1bath 800.00 550.00 550.00 10/13/18

2039A 2bed-1bath 800.00 525.00 500.00 02/24/12

800.00 495.00 0.00 03/20/09

2039B 2bed-1bath 800.00 525.00 500.00 08/15/15

2039C 2bed-1bath 800.00 525.00 500.00 01/27/12

2039D 2bed-1bath 800.00 525.00 525.00 05/23/17

2061A 2bed-1bath 800.00 525.00 500.00 06/01/17

2061B 2bed-1bath 800.00 475.00 1,000.00 12/01/06

2061C 2bed-1bath 800.00 550.00 1,100.00 08/01/17

2061D 2bed-1bath 800.00 525.00 495.00 08/19/14

16 $12,800.00 $9,345.00 $10,535.00

Ton Dang, Broker, TD Real Estate Cell: 650-219-2926 tondang@tdrealestate.com Lic # 01255374

1534 Plaza Lane, #227, Burlingame CA 94010The information herein is from a variety of sources, including MLS, public records and the seller. TD Real Estate has not verified or investigated the accuracy of this information.

Buyers should conduct their own investigation of the property and the information contained herein before purchasing this property.

EXPENSESMONTHLY

EXPENSES % of MONTHLY RENT $9345

Est. Property Tax $1,191 12.7%

Management $5,61 6.0%

Maintenance $1,302 14%

Gardening $411 4.4%

Cleaning $35 0.4%

Painting $53 1%

Electricity/Gas Utilities $45 1%

Water & Sewer $2,105 23%

Supplies $216 2.3%

Pest Control $105 1.1%

TOTAL EXPENSE $6,270 67%

NET OPERATING INCOME $3,075 33%

ProForma NOI $6,530

Workmans Comp Insurance $6 0.1%

New Appliances/AC UNITS $240 2.6%

Ton Dang, Broker, TD Real Estate Cell: 650-219-2926 tondang@tdrealestate.com Lic # 01255374

1534 Plaza Lane, #227, Burlingame CA 94010The information herein is from a variety of sources, including MLS, public records and the seller. TD Real Estate has not verified or investigated the accuracy of this information.

Buyers should conduct their own investigation of the property and the information contained herein before purchasing this property.

Price $1,299,000

Down Payment (25%): $324,750

Number of Units: 16

Price/Unit: $81,188

Total square feet: 12,928

Cost/Sq. foot: $100

CAP—current 4.02%

CAP—Pro Forma 7.13%

GRM—current 25.6

GRM—Pro Forma 17

Year Built: 1965

Total lot size: 70,606

LOAN OVERVIEW

Amortization: 30

Monthly Payment: $4,936

Interest rate (5 year fixed): 4.50%

First Loan: $974,250

Annual Debt Service: $59,232

Ton Dang, Broker, TD Real Estate Cell: 650-219-2926 tondang@tdrealestate.com Lic # 01255374

1534 Plaza Lane, #227, Burlingame CA 94010The information herein is from a variety of sources, including MLS, public records and the seller. TD Real Estate has not verified or investigated the accuracy of this information.

Buyers should conduct their own investigation of the property and the information contained herein before purchasing this property.

PROPERTY CHARACTERISTICS

ANNUALIZED OPERATING DATA Current

ProFormaAll-cash

ProFormaWith Financing

Gross rental income $112,140 $153,600 $153,600

Miscellaneous income $1,072 $1,072 $1,072

Scheduled gross income $112,140 $153,600 $153,600

Gross operating income $113,212 $153,600 $153,600

Less expenses $60,948 $60,948 $60,948

Net operating income $52,264 $92,652 $92,652

Debt service $0 $0 $59,232

Net cash flow after debt service $52,264 $92,652 $33,420

Cash on cash return 4.02% 7.13% 2.57%

Loan principal reduction $0 $0 $14,975

Total investment return $52,264 $92,652 $48,395

Investment return percentage 4.02% 7.13% 3.73%

Ton Dang, Broker, TD Real Estate Cell: 650-219-2926 tondang@tdrealestate.com Lic # 01255374

1534 Plaza Lane, #227, Burlingame CA 94010The information herein is from a variety of sources, including MLS, public records and the seller. TD Real Estate has not verified or investigated the accuracy of this information.

Buyers should conduct their own investigation of the property and the information contained herein before purchasing this property.

EXPENSESMONTHLY

EXPENSES % of MONTHLY RENT $4225

Est. Property Tax $687 16.3%

Management $287 8.4%

Maintenance $316 9.2%

Gardening $375 11%

Cleaning $25 0.7%

Painting $50 1.5%

Electricity/Gas Utilities $80 2.3%

Water & Sewer $960 28%

Supplies/Repairs/Turn Over $167 4.9%

TOTAL EXPENSE $3,066 89%

NET OPERATING INCOME $1,159 11%

PROFORMA NOI $3,334

New Appliances/AC UNITS $54 1.6%

Pest Control $65 2%

RENT ROLL

Unit # Unit TypeProForma

Rent

ActualRent

Deposit Move InDate

722A 2bed-1bath 800.00 525.00 500.00 03/15/07

722B 2bed-1bath 800.00 525.00 500.00 01/16/14

722C 2bed-1bath 800.00 525.00 500.00 10/25/13

722D 2bed-1bath 800.00 550.00 550.00 09/07/18

730A 2bed-1bath 800.00 525.00 500.00 02/01/14

730B 2bed-1bath 800.00 525.00 500.00 07/10/09

730C 2bed-1bath 800.00 525.00 525.00 09/01/16

730D 2bed-1bath 800.00 525.00 500.00 10/18/13

8 6400.00 4,225.00 4,075.00

Ton Dang, Broker, TD Real Estate Cell: 650-219-2926 tondang@tdrealestate.com Lic # 01255374

1534 Plaza Lane, #227, Burlingame CA 94010The information herein is from a variety of sources, including MLS, public records and the seller. TD Real Estate has not verified or investigated the accuracy of this information.

Buyers should conduct their own investigation of the property and the information contained herein before purchasing this property.

Price $749,000

Down Payment (25%): $187,250

Number of Units: 8

Price/Unit: $93,6250

Total square feet: 6,400

Cost/Sq. foot: $117

CAP—current 3%

CAP—Pro Forma 6.5%

GRM—current 14.8

GRM—Pro Forma 9.8

Year Built: 1977

Total lot size: 11,500

LOAN OVERVIEW

Amortization: 30

Monthly Payment: $2,846

Interest rate (5 year fixed): 4.5%

First Loan: $561,750

Annual Debt Service: $34,152

Ton Dang, Broker, TD Real Estate Cell: 650-219-2926 tondang@tdrealestate.com Lic # 01255374

1534 Plaza Lane, #227, Burlingame CA 94010The information herein is from a variety of sources, including MLS, public records and the seller. TD Real Estate has not verified or investigated the accuracy of this information.

Buyers should conduct their own investigation of the property and the information contained herein before purchasing this property.

PROPERTY CHARACTERISTICS

ANNUALIZED OPERATING DATA Current

ProFormaAll-cash

ProFormaWith Financing

Gross rental income $50,700 $76,800 $76,800

Miscellaneous income $478 $478 $478

Gross operating income $51,178 $77,278 $77,278

Less expenses $28,554 $28,554 $28,554

Net operating income $22,624 $48,724 $48,724

Debt service $0 $0 $34,152

Net cash flow after debt service $22,624 $48,724 $14,572

Cash on cash return 3.02% 6.51% 1.95%

Loan principal reduction $0 $0 $14,975

Total investment return $22,624 $48,724 $29,547

Investment return percentage 3.02% 6.51% 3.94%

Ton Dang, Broker, TD Real Estate Cell: 650-219-2926 tondang@tdrealestate.com Lic # 01255374

1534 Plaza Lane, #227, Burlingame CA 94010The information herein is from a variety of sources, including MLS, public records and the seller. TD Real Estate has not verified or investigated the accuracy of this information.

Buyers should conduct their own investigation of the property and the information contained herein before purchasing this property.

Unit # Unit Type

ProForma

RentActualRent Deposit

Move InDate

199 2bed-1bath 800.00 525.00 500.00 09/20/09

201 2bed-1bath 800.00 550.00 500.00 01/15/11

205 2bed-1bath 800.00 625.00 625.00 02/01/18

211 2bed-1bath 800.00 550.00 500.00 10/03/08

213 2bed-1bath 800.00 550.00 525.00 12/01/15

217 2bed-1bath 800.00 625.00 625.00 06/20/18

6 $4,800.00 $3,425.00 $3,275.00

EXPENSESMONTHLY

EXPENSES % of MONTHLY RENT $3425

Est. Property Tax Pro Forma (1.1%) 550 16.2

Estimated property tax $504 14.7%

Management $184 5.4%

Maintenance $145 4.2%

Gardening $320 9.3%

Cleaning $0 0.0%

Electricity/Gas Utilities $76 2.2%

Water & Sewer $76 2.2%

Trash $960 28.0%

Supplies/Repairs/Turn Over $21 0.6%

Pest Control $50 1.5%

TOTAL EXPENSE $2,254 66%

NET OPERATING INCOME $1,171 34%

ProForma NOI $2,546

RENT ROLL

Ton Dang, Broker, TD Real Estate Cell: 650-219-2926 tondang@tdrealestate.com Lic # 01255374

1534 Plaza Lane, #227, Burlingame CA 94010The information herein is from a variety of sources, including MLS, public records and the seller. TD Real Estate has not verified or investigated the accuracy of this information.

Buyers should conduct their own investigation of the property and the information contained herein before purchasing this property.

PROPERTY CHARACTERISTICS

Price $549,400

Down Payment (25%): $137,350

Number of Units: 6

Price/Unit: $91,567

Building square footage: 4,323

Cost/Sq. foot: $127

CAP—current 2.4%

CAP—Pro Forma 5.8%

GRM—current 14

GRM—Pro Forma 10

Year Built: 1,977

Total lot size: 6,775

LOAN OVERVIEW

Amortization: 30

Monthly Payment: $2,088

Interest rate (5 year fixed): 4.5%

First Loan: $412,050

Annual Debt Service: $25,056

Total square feet: 4,323

Scheduled Gross Income $38,963

Scheduled Gross Income—Pro Forma $57,600

Ton Dang, Broker, TD Real Estate Cell: 650-219-2926 tondang@tdrealestate.com Lic # 01255374

1534 Plaza Lane, #227, Burlingame CA 94010The information herein is from a variety of sources, including MLS, public records and the seller. TD Real Estate has not verified or investigated the accuracy of this information.

Buyers should conduct their own investigation of the property and the information contained herein before purchasing this property.

ANNUALIZED OPERATING DATA CurrentProFormaAll-cash

Gross rental income $38,963 $57,600

Gross operating income $38,963 $57,600

Less expenses $25,924 $25,924

Net operating income $13,039 $31,676

Debt service $0 $0

Net cash flow after debt service $13,039 $31,676

Cash on cash return 2.37% 5.77%

Loan principal reduction $0 $0

Total investment return $13,039 $31,676

Investment return percentage 2.37% 5.77%

ProFormaWith Financing

$57,600

$57,600

$25,924

$31,676

$20,977

$10,699

1.95%

$14,975

$25,674

4.67%

Ton Dang, Broker, TD Real Estate Cell: 650-219-2926 tondang@tdrealestate.com Lic # 01255374

1534 Plaza Lane, #227, Burlingame CA 94010The information herein is from a variety of sources, including MLS, public records and the seller. TD Real Estate has not verified or investigated the accuracy of this information.

Buyers should conduct their own investigation of the property and the information contained herein before purchasing this property.

Status

Lot Sq Ft

Investment return %

Cap rate

GRM

Price

Type

Price/ Unit

Price/ Sq Ft

Units

Sq Ft

Address

Expired

7,475

4%

5.5%

10.7

$700,000

Studio

$63,646

$94

11

680

955 Atwater Blvd.

Avg Rent $497

Status

Lot Sq Ft

Investment return %

Cap rate

GRM

Price

Type

Price/ Unit

Price/ Sq Ft

Units

Sq Ft

Address

Expired

18,591

7.3%

5.3%

10.7

$850,000

1 bed/1 bath

$65,385

$129

13

687

1141 Kelso St.

Avg Rent $512

Ton Dang, Broker, TD Real Estate Cell: 650-219-2926 tondang@tdrealestate.com Lic # 01255374

1534 Plaza Lane, #227, Burlingame CA 94010The information herein is from a variety of sources, including MLS, public records and the seller. TD Real Estate has not verified or investigated the accuracy of this information.

Buyers should conduct their own investigation of the property and the information contained herein before purchasing this property.

Address 183 Broadway Ave

Status Sold

Price $279,900

Bldg sq ft 2244

Lot sq ft 6774

Units 3

Type 2 bed/1 bath

GSI $24,300

Price/ Unit $93,300

GRM 11.52

Cap rate

Price/ sq ft $105

Address 778 Broadway Ave

Status Sold

Price $288,000

Bldg sq ft 4600

Lot sq ft 7244

Units 3

Type 2 bed/1.5 bath

GSI $31,200

Price/ Unit $96,000

GRM 10.8

Cap rate

Price/ sq ft $63