10 Derby Lane – Sarnia, ON

• Purchased 47 units of 93 unit condo building in April of 2007 for $2,650,00
• Retail Appraised for $7,200,000
• Sold in 16 units in 2007/08 for approximately $2,800,000
• Total Renovation Cost for the 16 units approximately $340,000
• Estimated 3 Year Sales Plan