Offering Memorandum ADAPTIVE REUSE HEALTHCARE OPPORTUNITY 29,289 SF

Offering Memorandum ADAPTIVE REUSE HEALTHCARE OPPORTUNITY 29,289 SF

T ABLE OF CONTENTS S : ; < = > Ernie Anaya V.P. National Senior Housing Group EAnaya@BullRealty.com 404-876-1640 x130 50 Glenlake Parkway, Suite 600 Atlanta, GA 30328 BullRealty.com? 87 88 8; 8< 8= 8> 8? 2 &/-#0 &3 &#-. 3 /&& &.3B ( D P age 2 of 18

DISCLAIMER & LIMITING CONDITIONS /&& &.3 " - (,. #( -." 2 &/-#0 &#-.#(!,)%,.),, (!." - & )." / $.,)*,.3D "#-,#(! '), ( /' )(. #(- - &. #( ),'.#)( *,. #(#(!.).",)*,.3 /. ) - (). */,*),..) &&K#( &/-#0 ),.) )(. #( && )." #( ),'.#)(.". *,)-*.#0 */, " -, ' 3, +/#, D && 5( ( # & *,)$.#)(-, *,)0# ),! (, &,, ( */,*)- - )(&3 (, - /*)( --/'*.#)(-, &.#(!.)."! (, & )()'3B )'*.#.#)( ( ).",.),-B 1"# ".", ), B, -/ $..) '.,# & " (! ), 0,#.#)(D,)-*.#0 */, " -,- ' 3 ()., &3 /*)(." 5( ( # & *,)$.#)(-B -." 3, #&&/-.,.#0 )(&3D ( )**),./(#.3.) #(-*..",)*,.3 1#&& ' 0 #& &.) +/ &#5 *,)-*.#0 */, " -,-D (."#-,#(! '), ( /'B,. #( ) /' (.-B #( &/ #(! 5( ( # & #( ),'.#)(B, -,# #( -/'',3 ),' ( ) (). */,*),..) )'*&. ), /,. -,#*.#)(- )." /&&!, ' (.- #(0)&0 B (), )." 3 )(-.#./. &! & ( &3-#- ) -/ " ) /' (.-D (., -. *,.# -, 2*..), 0# 1 #( * ( (.&3 && ) /' (.-D "#-,#(! '), ( /' #- -/ $..) *,#), *& ' (.B,,),-B )'#--#)(-B " (! - ), 1#.", 1 & 1#.")/. ().# ( ) - (). )(-.#./., )'' (.#)(B ( ),- ' (.B -/#. #&#.3 ), 0# -.)." 0 &/ ).",)*,.3 3 /&& &.3 ( D ),." /,, (. 1(,G &&,D " *,)-*.#0 */, " -, #-.), &3 /*)( #.- )1( #(0 -.#!.#)(B 0 &/.#)( ( $/!' (. -.)." 0#- #&#.3 ) */, " -#(!.",)*,.3 -,# ", #(D 1(,G &&, 2*, --&3, -,0.",#!".B. #.- -)& #-,.#)(B.), $. (3 ), && 2*, --#)(- ) #(., -. ), ),- ( G),.).,'#(. #- /--#)(- 1#." (3 *,.3. (3.#' 1#." ), 1#.")/. ().# D 1(,G &&, -" && " 0 () &! & )''#.' (. ), ) &#!.#)(.) (3 */, " -,, 0# 1#(!."#-,#(! '), ( /' ), ' %#(! ( ), )(.",)*,.3 /(& -- 1,#.. (!, ' (. ),." */, " - ).",)*,.3 " - ( /&&3 2 /. B &#0, ( **,)0 3." 1(,G &&, ( (3 )( #.#)(-.)." */, " -,E- ) &#!.#)(-.", #( " 0 ( -.#-5 ), 1 #0 D " 1(,G &&,, -,0 -.",#!"..) ')0 ),1, 1#." ( *. & ), *,#),.)." && ), ),- &#( D "#-,#(! '), ( /' ' 3 /- )(&3 3 *,.# - **,)0 3.",)%,D ",)*,.3 #- *,#0. &3 ), B ( 3 *.#(!."#-,#(! '), ( /'B." *,.3 #( *)-- --#)( ", )!, - H#I.),./,( #. #, +/ -. ( H##I.".."#-,#(! '), ( /' ( #.- )(. (.-, ) )(5 (.# & (./, ( 1#&& " & (.,. #(." -.,#. -. )(5 ( D ) *),.#)( )."#-,#(! '), ( /' ' 3 )*# ), ).",1#-, *,) / ), #- &)-.) (3)( 1#.")/.." *,#), 1,#.. ( /."),#4.#)( ) /&& &.3B ( D ".,'- ( )( #.#)(- -. ),." )0 **&3.)."#-,#(! '), ( /' #( #.- (.#,.3 ( && ) /' (.-B #-%- ( ).", #( ),'.#)( *,)0# #( )((.#)(.", 1#."D P age 3 of 18

EXECUTIVE SUMMARY PROPERTY OVERVIEW! $ "! 3 "! $ )+6 $2 $ )/1)./! 7,2') 1 # &! *1-,* 7 '2(- 2 $ % 4 3 & 3! 5 4 " $ 25 " %! #! 1 1 3 & #! 2 PROPERTY HIGHLIGHTS 0 )/1)./ "!! # )+ 6 0 (! & 6 6)' 0 *1-,* &! '2(- 0!! )''. 0 "! $! $ )'(/ Please Contact Agent for Pricing P age 4 of 18

PROPERTY OVERVIEW, --A )/(.3A #. #4 A, /#&.G ()0. A /#& #(! #4 A )(#(!A, & -A,)*)- - A &,# A 87>> D #(.,.B #-)(B :7=<7 ),! ( Q =D79, - 8@=7 G 977? 9@B9?@ H #( /#& #(! S (( 2 /#& #(!I :B>=: H # & ) 5 /#& #(!I 8,) --#)( &G 5 G (-.#/.#)( & #-.,#. S H ),,# ), -#!( 0,& 3 #-.,#.I 99 778 S 99 778 *.#0, /- & - )(..! (. P age 5 of 18

L OCATION MAPS POPULATION 1 MILE 5 MILES 10 MILES :79 =B??7 8=B=:; :<D@ :=D: :?D@ LOCATION DESCRIPTION " -/ $. *,)*,.3 #- &). )(." 1 -.,( ),(, )." #(.,-.#)( ) D #(.,. ( ),(1 &&,#0 #( #-)(B H I :9D@ ::D= :>D; H I ;7D8 ;7D9 ;7D@ HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES 87@ 9B<79 =B7@? C 9D? 9D> 9D> N>:B8<@ N>9B=<: N>9B77> N9<>B=@> N9<;B;8: N9<;B;:; Source: ESRI P age 6 of 18

AERIAL MAP P age 7 of 18

HOSPITAL PHOTO S P age 8 of 18

MEDICAL OFFICE PHOTO S P age 9 of 18

FLOOR PLAN Hospital Floor Plan P age 10 of 18

HEALTHCARE SALE CO MPS Subject Property SUBJECT PROPERTY Address City Sale Price Year Built Building Size # Units Price PSF Site Size Sold Date 1075 S. Main Street Madison Undisclosed 1960/2008 29,289 SF 25 Undisclosed 6.02 AC - Address City Sale Price Building Size # Units Price PSF Site Size Sold Date 1 5 Bowen Court Cartersville $1,815,000 2009 8,878 SF 12 $204.44 1.09 AC 06/14/2018 2 1008 W Ga-54 Hwy Fayetteville $1,650,000 2008 8,878 SF - $185.85 3.09 AC 03/06/2018 3 22 Madras Parkway Newnan $1,550,000 2009 8,878 SF 12 $174.59 2.68 AC 03/06/2018 4 200 Village Parkway NE Marietta $1,688,000 1991 11,601 SF 12 $145.50 1.47 AC 09/09/2016 P age P age 111 of of183

HEALTHCARE SALE COMPS SUBJECT PROPERTY 1077 S. Main Street Madison, GA 30650 Asking Price: Offered Unpriced Year Built: 1960 Building SF: 29,289 SF Site Size: 6.02 AC No. Units: 25 1 HEALTHCARE/SENIOR HOUSING FACILITY 5 Bowen Court Cartersville, GA 30120 Sale Price: $1,815,000 Year Built: 2009 Building SF: 8,878 SF Price PSF: $204.44 1 Sold Date: 06/14/2018 Site Size: 1.09 AC 2 1008 W GA-54 HWY Fayetteville, GA 30214 Sale Price: $1,650,000 Year Built: 2008 Building SF: 8,878 SF Price PSF: $185.85 2 Sold Date: 03/06/2018 Site Size: 3.09 AC P Page 122 of of183

HEALTHCARE SALE CO MPS 3 22 MADRAS PARKWAY Newnan, GA 30263 Sale Price: $1,550,000 Year Built: 2009 Building SF: 8,878 SF Price PSF: $174.59 Closed: 03/06/2018 Site Size: 2.68 AC 3 4 200 VILLAGE PARKWAY NE Marietta, GA 30067 Sale Price: $1,688,000 Year Built: 1991 Building SF: 11,601 SF Price PSF: $145.50 Closed: 09/09/2016 Site Size: 1.47 AC 4 P age 13 of 18

IN THE AREA P age 14 of 18

DEMOGRAPHICS MAP NET WORTH PROFILE Number of Households 2018 Net Worth by Age of Householder <25 25-34 35-44 45-54 55-64 65-74 75+ Total 80 391 427 544 589 479 368 <$15,000 43 203 129 164 152 84 40 $15,000-$34,999 12 59 46 47 34 29 12 $35,000-$49,999 5 17 22 24 32 17 5 $50,000-$99,999 10 54 62 47 47 48 40 $100,000-$149,999 1 24 36 43 45 34 20 $150,000-$249,999 4 16 43 69 71 65 43 $250,000+ 6 18 91 149 209 202 208 Source: ESRI Median Net Worth $14,128 $14,446 $59,552 $84,780 $130,146 $183,032 $250,001 Average Net Worth $80,837 $76,499 $342,815 $613,370 $925,881 $851,341 $1,140,827 P age 15 of 18

ABOUT THE AREA A D A P T I V E R E U S E H E A LT H C A R E O P P O R T U N I T Y 2 9, 2 8 9 S F MADISON, GA #-)(B (.& (.,))' )''/(#.3B #- &). ) K97 ( )/. 8 ")/,,)'.& (. E-,.-5 & J %-)( (.,(.#)( & #,*),.D ),' ( ) %1 && 1)/& " 0 0#-#. #-)(B " 1)/& " 0 * #(.." &#( K/* ), K1"#. K ( K &/ 6!- 63#(!,)'.", % 0#0 &B ) & --# & #.),# ( ( )' ( -+/ ")' - &)(! -/(K **& B ) %K&#( -.,.- #( (,)/(." "#-.),# #-.,#.D #(.,. #- (0 &)* /(,." ()*3 ) ( # (. ) %-.". &#(." )&/'(,)(. *), " -B 3)/M, -/,.) &." +/#./ ) +/ #(. ( /(#+/.)1(D ). & ), #(! )( )." &,! -. "#-.),# #-.,#.- #(.".. ) ),!# ( $/-. -#!(. 3 /!., 0 & - )( ) 8= L )-. #./, -+/ #&&! - #(." ),& MB #-)( -. ( - -.,/. -. ' (..).".#' 1" ( )..)( 1 - %#(!D #-)(, *, - (.-, ( 40)/- 1#."." * -.B." - "#-.),# -.,.- ( )'* - 1 &." ) (. &&/' ( #.),# ( /#& #(!- J,)' -#'*& )..! -.) )*/& (. ' (-#)(-D M O R G A N CO U N T Y ),! ( )/(.3 " - & ( )()'3 )!,# /&./, B.)/,#-'B ( ' (/./,#(!D " )/(.3 " - )0, 8B;77 ' (/./,#(! $) - 1#." )." (.#)( & ( #(.,(.#)( & 5,'-D #( )/. 1"3 3)/ -")/& )(-#, #-)( ( ),! ( )/(.3 ), 3)/, 2* (-#)( (, &).#)(D " )/(.3E- ' # ( #( )' #- N<;B<7= #- )( )." "#!" -. #(." -.. D,)' 978<.) 978=B '*&)3' (. #( ),! ( )/(.3B!, 1.,. ) 9D><OD " ')-. )'')( $)!,)/*-B 3 (/', ) * )*& &#0#(! #( ),! ( )/(.3B B, (! ' (.B /-#( --B # ( B S,.-B & - S 5 B (,) /.#)( S, (-*),..#)(D "#- ",. #&&/-.,. -." -",, % )1( )." *,#',3 $) - " & 3, -# (.- ) ),! ( )/(.3B D Source: https://madisonga.org Page 16 of 18

BROKER PROFILE ERNIE ANAYA V.P. National Senior Housing Group Professional Background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ull Realty Inc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age 17 of 18

TEAM PROFILE Michael Bull, -# (.B.#)( & 5,)/* Carine Davis,%.#(! Colt Neal,%.#(! Ernie Anaya D D.#)( & (#), )/-#(!,)/* ( 3 R /&& &.3D )' ;7;K?>=K8=;7 28:7 Scott Jackson ( &3-. P age 18 of 18