• Acquisition Price:  $385,000
• Disposition Value:  $635,000
• Holding Term (months):  12

Purchased for $385,000 on 6/26/02 with a $10,000 credit for repairs. There were two vacancies at the time of sale. Increased monthly rent income by $1,200 in first thirty days of ownership and renovated the building. The property was sold for $635,000 on July 1, 2003.