PURCHASE AND SALE AGREEMENT BETWEEN CRI HOTEL INCOME OF MINNESOTA, LLC a Delaware limited liability company AS SELLER AND UNITED PROPERTIES INVESTMENT LLC a Minnesota limited liability company AS BUYER September 10, 2013Purchase and Sale Agreement • September 13th, 2013 • Cri Hotel Income Partners L P • Hotels & motels • Minnesota
THIS PURCHASE AND SALE AGREEMENT (the "Agreement") is made as of the 10th day of September, 2013 (the "Effective Date"), by and between CRI HOTEL INCOME OF MINNESOTA, LLC, a Delaware limited liability company ("Seller"), having an office at 11200 Rockville Pike, Suite 300, Rockville, Maryland 20852, and UNITED PROPERTIES INVESTMENT LLC, a Minnesota limited liability company ("Buyer"), having an office at 3600 American Blvd. W., Suite 750, Minneapolis, Minnesota 55431.
