SALE AGREEMENT Bay Point Resort Apartments, Corpus Christi TXSale Agreement Bay Point Resort Apartments, Corpus Christi Tx • August 7th, 2007 • NNN Apartment REIT, Inc. • Real estate investment trusts • Texas
Contract Type FiledAugust 7th, 2007 Company Industry JurisdictionThis Sale Agreement (“Agreement”) made and entered into as of June 8, 2007 (“Effective Date”) by and among Bay Point Resort Corpus Christi, L.P., a Texas limited partnership (“Seller”) and Triple Net Properties, L.L.C. a Virginia limited liability company (“Buyer”). For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and intending to be legally bound hereby the parties hereto agree as follows: