ENCORE AT WESTFORK CONROE, TX

ENCORE AT WESTFORK 2017 10 222 CONROE, TX MARKET RATE COMMUNITY Encore At Westfork is a 222-unit, market rate, multifamily development in Conroe, TX. This Class A garden style development features with 3-story buildings with attached garages and storage units. The $26 million development rents range from a $920 one bedroom unit to a $1,500 three-bedroom. 2017 10 222 BUILT BUILDINGS UNITS

FEATURES BUILDING & LOCATION AMENITIES Resort Style Pool w/ Sun Shelf • Walking Trails • Dog Park Building Garages & Storage • Minutes from Lake Conroe

APARTMENTS CLUBHOUSE AMENITIES Stainless Steel Appliances • Track Lighting • Walk In Closets • Granite Countertops • Kitchen Islands • Wood-Style Flooring Furnished Club • Community Kitchen • Cyber Café • Fitness Center

ENCORE AT WESTFORK UNIT 1 Bedroom 2 Bedroom 3 Bedroom SQFT 768 1099 1135 1318 RENT $920 $1160 $1500 STORAGE & DISPOSAL Garage (1 Car) Garage (2 Car) Storage Valet Waste RENT $100 $200 $40 $35

HEIGHTS AT HARPER’S PRESERVE COMPARABLES - CONROE CAPRI VILLAS Rents: $810 - $1410 Sqft: 613 – 1232 Units: 168 Stories: 3 ANATOLE AT THE PINES Rents: $899 - $2000 Sqft: 700 – 1566 Units: 304 Stories: 4 HEIGHTS AT HARPER’S PRESERVE Rents: $955 - $1900 Sqft: 783 – 1398 Units: 328 Stories: 3

TOTAL DEVELOPMENT COST SOURCES AND USES LOAN DRAW $21,300,000 TOTAL DEVELOPMENT COST $26,625,000 EQUITY $5,325,000

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