PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • December 23rd, 2020 • Aei Income & Growth Fund 24 LLC • Real estate
THIS PURCHASE AND SALE AGREEMENT (this “Agreement”) is made as of October 1, 2020 (the “Effective Date”) by and between AEI INCOME & GROWTH FUND XXI LIMITED PARTNERSHIP, a Minnesota limited partnership, as to an undivided 55% interest; and AEI INCOME & GROWTH FUND 24 LLC, a Delaware limited liability company, as to an undivided 45% interest, together as tenants-in-common (collectively, “Seller”) and MITCHELL INVESTMENTS & HOLDINGS OF TEXAS, LLC, a Texas limited liability company (“Buyer”). Seller desires to sell, and Buyer desires to purchase, all of Seller’s right, title and interest in the real property and improvements thereupon located at 9076 Kingston Road, Shreveport, LA 71118 as more particularly described on Exhibit “A” attached hereto (the “Property”).
