PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • April 12th, 2019 • Aei Income & Growth Fund Xxii LTD Partnership • Real estate
Contract Type FiledApril 12th, 2019 Company IndustryTHIS PURCHASE AND SALE AGREEMENT (this "Agreement") is made as of January 10, 2019 by and between AEI INCOME & GROWTH FUND XXII LIMITED PARTNERSHIP, a Minnesota limited partnership, as to an undivided 60% interest, and AEI INCOME & GROWTH FUND 26 LLC, a Delaware limited liability company, as to an undivided 40% interest (collectively, "Seller") and JOE PROPERTIES LLC, a California 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 1516 South Washington Street, Crawfordsville, IN 47933, as more particularly described on Exhibit "A" attached hereto (the "Property"). The date on which the last party hereto executes this Agreement is hereafter deemed the "Effective Date".