NVI Technical College Information

Mr. Cooksey November 15, 2023 Page 2

Based on the analysis undertaken, the following value opinion(s) have been developed.

MARKET VALUE CONCLUSION(S)

Appraisal Premise Market Value - As Is

Interest Appraised

Date of Value

Value Conclusion

Fee Simple

November 6, 2023

$21,160,000

This letter must remain attached to the report, which should be transmitted in its entirety, in order for the value opinion(s) set forth above to be relied upon by the intended user(s). BBG, Inc. appreciates the opportunity to have performed this appraisal assignment on your behalf. If we may be of further service, please contact the Client Manager.

Sincerely,

Ronald K. Owens Jr., MAI, MRICS, ASA PA Certified General Appraiser License #: GA003630 214-739-0700 rowens@bbgres.com

F OUR B UILDING I NDUSTRIAL C OMPLEX A PPRAISAL

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