J P LIVING At THE MIRAGE Phoenix, Arizona

J P LIVING At THE MIRAGE Project Team DEVELOPER ARCHITECT ENGINEER Joe Pinsonneault Damon Leverett, AIA Rachid Dia, P. E. Security Asset Credit Corp Durrant Group David Evans & Assoc., Inc 1330 Orange Avenue, Suite North 44 th Street, # E. Highland Ave, #200 Coronado, CA Phoenix, AZ Phoenix, AZ LANDSCAPE ARCHITECT CONTRACTOR PROJECT MANAGER Kristina Floor, RLA, ASLA Ken Schacherbauer A. Dean Spears Floor Associates Perini Building Company Flagstaff Airpark Holdings, LLC 1425 North 1 st Street, 2 nd Floor 360 East Coronado Road 1000 West Coy Drive Phoenix, AZ Phoenix, AZ Flagstaff, AZ REAL ESTATE BROKER REPRESENTATION Ray Pacioni Nicholas J. Woods Fairmount Corp. Snell & Wilmer 22 E. Buchanan One Arizona Center Phoenix, AZ Phoenix, AZ 85004

J P LIVING At The THE MIRAGE Located in the Warehouse District of downtown Phoenix, THE MIRAGE at Central and Buchanan will feature inspiring architecture, spectacular views, and exciting amenities at a moderate price.

THE MIRAGE Site Location

1 Project location to Chase Ball Park and US Airway Center

Project Site Pictures Existing Condition

The twin-tower project design includes a podium parking structure (one level below grade and 3 levels above grade) wrapped with retail and residential units to allow for both cost-efficient construction and a neighborhood-friendly scale at the street level.

Street Level – Retail 2 Story Townhomes 6 Units █ Retail Units █ Total 8,399 SF To be leased at $22.00 per SF Ramps Up and Down To Parking █

The 3.3 acre site provides a net building area of 76,750 sf which has been designed to include 386 residential units, 4 retail units (8,399 sf) and 535 parking spaces.

Unit Types and Number One Bedroom Condos92 Units One Bedroom Lofts 145 Units Two Bedroom Condos 49 Units Two Bedroom Lofts43 Units Two Bedroom Townhomes 49 Units Three Bedroom Lofts 8 Units Total Number 386 Units

The 5 th Floor has: ☼ Swimming Pool ☼ 2 Amenity Areas ☼ Loft Units ☼ 24 Condo Units in the Towers.

5 th Floor Level Pool █ Loft Units █ Tower Units █ Amenity Areas █

Floors

Floors

Floor 19

Construction Costs 386 Units Total of 367,220 SF Total Construction Cost $86,281, Total Construction Cost per Square Foot $ / SF

Total Sales Price 386 Units Total of 367,220 SF 386 Units Total of 367,220 SF TOTAL SALES OF ALL 386 $ Per SF $141,746,920.00

GROSS PROFITS AFTER AVERAGE SALES Combined Sales $141,746, Combined Sales $141,746, Less Construction Costs $ 86,281, Less Construction Costs $ 86,281, Less Land Costs $ 8,000, Less Land Costs $ 8,000, Average Gross Profits $ 47,465, Average Gross Profits $ 47,465,170.00

For additional information call Joe Pinsonneault Ray Pacioni