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Mr. John Hassler <br />Dahlstrom PevclopmenL LLC August 20,2002 <br />Page 4 <br />amenities: <br />averagesiz~eo^fL*ts'bWrbSghT48^^^^^^ marke^ginJanuaiy2001. The <br />empty-nesters and seniors. ’ ^ are feet. The majontyofthe buyers have been <br />covered spaces per iLt. ^TOs ra°in e”^ building an average of 1.7 <br />We note however, that the pricing of unit^ ufoow^^tv^^r condominium properties, <br />market. For mid-priced product, offerin2 a^v^I^ ^-^ "^^^°r" <br />generous and %vill be well-received in thf marketplacT^^ <br />Site Characteristics <br />He proposed dovciopmont also offers prospecrivc buyers (he follorvirrg <br />• Convenient access to major highways - Highway 12 <br />• r.n!ion .dj.™,rtcrc«io.=t .r.t vi,„. (wiS, r.k«. gio) <br />Overall MarLhik!i.'ty <br />developme„(s. We are seeing m^ny iSy devdoiXo '>!>« “f <br />(o in“e “TglSelTinlo (he <br />housing allows other families to ourrhac^ • r ^ the provision of this <br />household nrix in (he comarurniy and pro^i for Sta^o^S ”' <br />sl^rpf io nrost of the larger size <br />the LUre Mi^e on?a ei'Zn^;i«™'rl ‘’s1“ r" " IMted developnrent in <br />despite the fact there “suZSran^'ZZThltg'™^^^^^^^^ <br />615 1“ Avenue NE #400 <br />Minneapolis, KIN 55413 <br />(612)338-0012 (612)904-7979 FAX