La Estancia / Palma Royale, Las Piedras

Palma Royale Dev., Corp.

Popular Mortgage

NFORMATION AS OF 01/21/2007

PROPOSED SUBDIVISION COMPOSED OF 135 ONE STORY SINGLE FAMILY DETACHED RESIDENTIAL UNITS. LOCATED NORTH FROM SR# 9936, KM 0.4, APPROXIMATELY 2.2 MILES NORTH FROM MAIN ROUTE SR # 30, EL RIO WARD, LAS PIEDRAS MUNICIPALITY. THERE ARE NO APPARENT ADVERSE FACTORS WHICH COULD AFFECT THE SUBJECT'S MARKETABILITY. THE PROJECT CONFORMS TO THE SURROUNDING DEVELOPMENTS. SUBJECT PROPERTY IS AT A REASONABLE DISTANCE FROM ALL NECESSARY SUPPORTING FACILITIES INCLUDING SCHOOLS, SHOPPING, RECREATION, AND EMPLOYMENT CENTERS. OWNER OCCUPANCY IS PREDOMINANT.

OMAR MONTALVO, CRA, MBA