16 VERY NICE STUDIOS IN GOOD STATE OF REPAIR. ALL THE STUDIOS ARE CURRENTLY RENTED, WITHOUT LEASE, ON A MONTHLY OR WEEKLY BASIS. THE PRICE INCLUDES HEATING AND ELECTRICITY, FURNITURE AND ACCESSORIES. ANNUAL REVENUES CAN EXCEED $172,080 BECAUSE SOME OF THE STUDIOS ARE RENTED ON A WEEKLY BASIS ($400).

*********ADDITIONAL INFORMATION********

- PLEASE READ THE CERTIFICATE OF LOCATION TO LEARN ABOUT
ENCROACHMENTS AND VIEWS (SEE ATTACHED).

- A NEW CERTIFICATE OF LOCATION HAS BEEN ORDERED.

- A PHASE I ENVIRONMENTAL STUDY HAS BEEN ORDERED.

- LAUNDRY SERVICE: SEE ATTACHED CONTRACT.

- ACCORDING TO THE SELLER, THE FRONTAGE HAS BEEN INSULATED
BY THE FORMER OWNER.

- THE ROOF IS OLD.

- THE EXPENSES ARE APPROXIMATE AND ARE SUPPLIED FOR
INFORMATION PURPOSES ONLY. THE ACTUAL OPERATING EXPENSES
WILL FOLLOW.

- THE FINANCIAL INSTITUTION MIGHT REQUIRE A CAPITAL OUTLAY
OF UP TO 50% IN CASH BECAUSE THE STUDIOS HAVE A LIVING AREA
OF LESS THAN 400 SQ FT.

- SINCE THE SELLER WILL UNDERGO A MAJOR PENALTY AT THE TIME
OF THE SALE, IT WOULD BE APPRECIATED IF THE NEW OWNER CHOSE
THE SAME FINANCIAL INSTITUTION.

THIS IS NOT AN OFFER OR PROMISE TO SELL THAT COULD BIND THE
SELLER TO THE BUYER BUT AN INVITATION TO SUBMIT PROMISES TO
PURCHASE.

ENGLISH VERSION FOR INFORMATION PURPOSES ONLY. THE FRENCH
VERSION TAKES PRECEDENCE.