Confidentiality Agreement For Signature By Prospective Purchaser
Independence Commercial Advisors
227 N Loop 1604 E, Suite 150
San Antonio, TX 78232
Re: Proposed Sale of The San Antonio 27 | 3 Property Portfolio, to include the property and improvements located at 2018 Anchor Drive, San Antonio, TX 78213, 2003 Silver Oaks, San Antonio, TX 78213, 1630-1634 Woodlawn, San Antonio, TX 78201 (hereinafter referred to as the “Properties”) by the owner thereof (hereinafter referred to as “Owner”) to the prospective purchaser (hereinafter referred to as “Principal”).
To Whom It May Concern:
Independence Commercial Advisors has been retained on an exclusive basis to market for sale The San Antonio 27| 3 Property Portfolio. This letter will serve to confirm our agreement concerning certain information which may include various papers, documents, data, plans and other materials, portions of which may be included in a package or brochure (hereinafter referred to collectively as the “Evaluation Material”) which Independence Commercial Advisors (“Broker”) will make available to us for study in connection with a possible purchase by us of the Property.
Broker is prepared to furnish us with the Evaluation Material in connection with discussions and negotiations concerning a possible transaction involving the Property only on the conditions that we treat such Evaluation Material confidentially and confirm certain representations to Broker. Therefore, as a prerequisite to Broker furnishing to us the Evaluation Material, we hereby represent and agree as follows:
Independence Commercial Advisors is pleased to announce the exclusive listing of The San Antonio 27, a 3-property Class C apartment portfolio in San Antonio, Texas. This well-located portfolio consists of three properties - 13-units situated near Woodlawn Lake Park and another two properties, 6-units and 8-units each, within walking distance to Larkspur Elementary School - A member of San Antonio’s top-rated Northeast Independent School District.