R E A L E S T A T E  OFFICE  CELL OVERVIEW Residential Development Opportunity Shenandoah View Court For more information contact: Maestri-Murrell, Inc Jefferson Hwy, Suite A Baton Rouge, LA Shenandoah View Court presents a unique opportunity for a developer as this property is bank owned and is in a great location going forward for both rental and home sales. The site is approx acres and is located 1.3 miles from the new Woman’s Hospital being built on Airline Highway. The zoning of the land allows for a maximum density of 68 units to which there are construction plans completed and available. Another concept for the property is single family home sites which has been preliminarily approved by the City. The proposed plan calls for 17 lots. Details are included later in this package. Currently asking $925,000. Bring any and all offers! Bank is extremely motivated Telephone Facsimile  Office: (225)

R E A L E S T A T E  OFFICE  CELL Description1 Mile3 Mile5 Mile Population 2009 Estimates9,39250,657123, Projections9,74152,723127,545 Households 2009 Estimates3,41319,91649,624 *2014 Projections3,57020,84151, Est. Average Household Income$ 76,375$ 75,447 $74,623 **2009 Est. Median Household Income$ 67,111$ 61,671$ 58, Est. Per capita Income$ 28,814$ 29,590$ 30,124 DEMOGRAPHICS *As of 2004 Quarter Report **Not confirmed by NCREA as of 10/08/07 Residential Development Opportunity  Office: (225)

R E A L E S T A T E  OFFICE  CELL Lot Layout  Office: (225)

R E A L E S T A T E  OFFICE  CELL Architectural Plans Included in purchase price  Office: (225) Unit Condo Layout

R E A L E S T A T E  OFFICE  CELL Condo Proposed Elevations  Office: (225)

R E A L E S T A T E  OFFICE  CELL  Office: (225)