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<br /> Page 46 Nagell Appraisal Incorporated | 952.544.8966 <br />Sales Comparison Approach -- continued <br /> <br /> Land Sale Comparable #1 <br /> <br /> <br />Property Data <br />Address: 2665 Victoria Street North, Roseville <br />PID/Legal Description: 022923340025 <br />Description: Land parcel Zoning/Intended Use: Apartments <br />Physical Characteristics: Average Utilities: Public <br />Site Size: 249,163 SF Improvements: None <br />Comments: Average appeal land that the buyer purchased for apartment development with 105 proposed <br />units. <br /> <br />Sale Data <br />Sale Price: $1,525,000 Price/Unit: $14,524 per unit <br />Sale/Close Date: August 10, 2016 Sale Terms: Financing <br />Buyer: Applewood Pointe Coop of <br />Roseville at Central Park Sale Conditions: Typical <br />Seller: United Properties Residential <br />LLC Source/Verification: RediComps / CREV <br />Comments: The buyer and seller privately negotiated the sale price. <br /> <br /> <br /> <br /> <br /> <br /> <br />