PURCHASE AND SALE CONTRACTPurchase and Sale Contract • July 20th, 2009 • Consolidated Capital Institutional Properties 3 • Real estate investment trusts • North Carolina
THIS PURCHASE AND SALE CONTRACT (this “Contract”) is entered into as of the 14 th day of July, 2009 (the “Effective Date”), by and between CCIP/3 WILLIAMSBURG MANOR, LLC, a Delaware limited liability company, having an address at c/o AIMCO, 4582 South Ulster Street Parkway, Suite 1100, Denver, Colorado 80237 (“ Seller”), and THE EMBASSY GROUP LLC, a New York limited liability company, having an address at 3 College Road, Suite 203, Airmont, New York 10952 (“ Purchaser”).
