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TABLE OF CONTENTS <br /> Page <br /> Summary of Salient Facts..................................................................1 <br /> Special Assumptions and Limiting Conditions..................................2 <br /> Scope of the Appraisal.......................................................................4 <br /> Purpose of the Appraisal....................................................................5 <br /> Function of the Appraisal...................................................................5 <br /> Intended Users of Report...................................................................5 <br /> Property Rights Appraised.................................................................5 <br /> Dateof Appraisal...............................................................................5 <br /> LegalDescription...............................................................................6 <br /> Tax and Assessment Data..................................................................6 <br /> Property Ownership...........................................................................6 <br /> SalesHistory......................................................................................6 <br /> InspectionDate ..................................................................................6 <br /> Competency Provision.......................................................................6 <br /> RegionalMap.....................................................................................7 <br /> Regional and City Analysis ...............................................................8 <br /> NeighborhoodMap............................................................................14 <br /> Neighborhood Analysis .....................................................................15 <br /> AerialPhoto.......................................................................................16 <br /> SiteAnalysis ......................................................................................17 <br /> PlatMap.............................................................................................18 <br /> Highest& Best Use............................................................................19 <br /> Improvement Analysis.......................................................................20 <br /> Valuation Methods.............................................................................23 <br /> Sales Comparison Approach..............................................................24 <br /> Documented Sales..............................................................................25 <br /> SalesMap...........................................................................................40 <br /> Income Approach ..............................................................................41 <br /> CostApproach ...................................................................................47 <br /> Correlation and Final Estimate of Value ..........................................71 <br /> ExposureTime...................................................................................71 <br /> Certificate of Appraisal......................................................................72 <br /> Qualifications of the Appraiser..........................................................73 <br /> ADDENDA <br /> i. Photographs of Subject <br /> iv. Location Map Sale No. 3 <br /> V. Location Map Sales No. 9-11 (Yakima, WA) <br /> DAVIS APPRAISAL COMPANY <br />