Re: new PO available

Phillip, Carlos and I are almost ready to email you a "post office"
spreadsheet...hope to have it by this evening or early tomorrow. With
best
regards, Jim Wills (Roma and Canyon Lake are still available).

Phillip.K.Allen@enron.com wrote:

< Jim,
<
< I realize you are excited about these post offices. But I really need help
< analyzing the numbers.
<
< Phillip
<
< -----Original Message-----
< From: James Wills <jwills3@swbell.net<@ENRON
< Sent: Wednesday, November 14, 2001 1:38 PM
< To: pallen70@hotmail.com; pallen@enron.com
< Subject: Re: new PO available
<
< Phillip, Carlos and I will try to respond to your request for a
< spreadsheet in the next day or two (I'll be at the home office in New
< Braunfels tomorrow). Meanwhile, I wanted to pass on some news...the
< Killeen post office probably is gone...I wrote a contract this morning
< that's now on its way to California for signature. Of course, if you
< wanted to submit one also, we can do it fairly quickly.
<
< Incidentally, I had the price wrong on Killeen...it's $1,377,550, not
< $1,360,000.
<
< HOWEVER!! Here's info about another new listing that may be ideal for
< you; it's a brand new post office at CANYON LAKE, just north of SA,
< and in a really ideal location to serve all the small communities that
< surround the reservoir. I have attached a flyer for you...this one,
< like Killeen, will not be around long because there are other brokers
< promoting it. I have talked to the postmaster, who tells me that
< almost all the boxes are gone, and the building is just now ready for
< occupancy. CPS is connecting over 2200 new power boxes a month in the
< area. It's really growing. Let me know what you think!!
<
< With best regards, Jim Wills
<
< Phillip.K.Allen@enron.com wrote:
<
< < Jim,
< <
< < I received your email on the Killeen post office. I am still having
< a
< < tough time making the math work. Can you prepare a spreadsheet that
< would
< < show why the post office is such a good investment? Maybe the
< assumptions
< < I am making about interest rates, expenses, or value at the end of
< the
< < lease are incorrect.
< <
< < Phillip
< <
< < -----Original Message-----
< < From: James Wills <jwills3@swbell.net<@ENRON
< < Sent: Friday, November 09, 2001 4:22 PM
< < To: pallen70@hotmail.com; pallen@enron.com
< < Subject: new PO available
< <
< < Phillip,
< <
< < Hope your trip to Kerrville was worthwhile, and you had a
< chance to
< < check out the Heritage Building.
< <
< < I am writing to tell you about another post office that has
< just come
< < back on the market...it's in Killeen, and was under contract
< for about
< < 30 days. But one of my clients here who was in a 1031 exchange,
< and
< < had
< < designated three post offices with us, could only actually buy
< two, so
< < today he released this one.
< <
< < The Killeen post office (Harker Heights, a suburb) is one of
< the best
< < we
< < have had in our inventory. It was built by a developer who is a
< friend
< < of ours and has been constructing POs for many years. She had
< to turn
< < down two other potential buyers recently because it was under
< < contract.
< <
< < I'm sure it will not last long. I have attached a flyer for
< you, and
< < can
< < supply a copy of the lease too. If you are interested, do let
< me know
< < soon...we will need to act quickly! With best regards, Jim
< Wills
< <
< < - Harker Heights.doc << File: Harker Heights.doc <<
< <
< <
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<
< - Canyon Lake, Texas.doc << File: Canyon Lake, Texas.doc <<