Asset Allocation Breakdown
5-Year Class Life Assets
- Allocated Cost: $2,831,250
- Depreciation Method: 200% Declining Balance
- Description: Personal property assets, including equipment, appliances, and certain tenant improvements.
15-Year Class Life Assets
- Allocated Cost: $800,644
- Depreciation Method: 150% Declining Balance
- Description: Site improvements, such as parking lots, landscaping, exterior lighting, and curbing.
27.5-Year Class Life Assets
- Allocated Cost: $9,153,295
- Depreciation Method: Straight Line
- Description: Building structure and systems, including the foundation, walls, roof, HVAC systems, plumbing, and electrical systems.