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PD160-CS 970612WR I A Western Rim Investment Advisors, Inc. broestrnent Advisors and Portfolio Managers Telephone (817) 355-7500 Telecopler (817) 355-2505 2.400 N. Highway 171 Euless, Texas 76039 Address: P.O. Box 426 Texas 76034 June 12, 1997 Mr. Gary Sieb Planning Director City of Coppell 255 Parkway Blvd. Coppell, Texas 75019 Re: The Mansions By the Lake 315 Unit Luxury Apartment Homes ./~ Please, find enclosfA~fnformation regarding the leases of our C-1 and C-2 units here at our Mansions By the Vlr~Project in Northeast Tarrant County. We have a total of Seventy - Four "C" units on the entire project with Twenty-One already occupied and leased. I believe by extrapolation, the statistics prove a high-income resident base with an average family size. Also please note the average rent for a "C" unit at The Mansions By the Lake is projected to be $1,745 per month. If you have any further questions or need any additional information, please do not hesitate to give me or my partner Marcus Hiles a call at (817)-215-8100. With Best Rega. rds,/ Richard E. Simmo~ President ~ Western Rim lnve~ L.L.P. / T~IE MAN$1ON,~ 1~¥ TNE LAt<,E LEFT ELEVATION THE MAN61ON,~ t~¥ THE i~1~,t~ ~_LI~¥~,TION I THE MAN~ION,~ t~¥ TNE LAKE 1~I~I4T ~LI~¥ATION , THE MANSION5 E~T THE LAKE F~2NT ELEVATION