PURCHASE AND SALE CONTRACT BETWEEN CCIP/2 WINDEMERE, L.P., a Delaware limited partnership AS SELLER AND DERBYSHIRE INVESTMENTS WINDEMERE, LLC, a Texas limited liability company AS PURCHASER WINDEMERE APARTMENTSPurchase and Sale Contract • May 14th, 2009 • Consolidated Capital Institutional Properties 2 • Real estate investment trusts • Texas
THIS PURCHASE AND SALE CONTRACT (this “Contract”) is entered into as of the 8th day of May, 2009 (the “Effective Date”), by and between CCIP/2 WINDEMERE, L.P., a Delaware limited partnership, having an address at 4582 South Ulster Street Parkway, Suite 1100, Denver, Colorado 80237 (“Seller”), and DERBYSHIRE INVESTMENTS WINDEMERE, LLC, a Texas limited liability company, having a principal address at 7 Switchbud Place, Suite C192-269, The Woodlands, Texas 77380 (“Purchaser”).
