La Mirage

A 6-storey wood framed building constructed over one (1) level reinforced concrete parking garage. The building contains a total of 26 Strata lots. Construction was completed circa 1984. The exterior building enclosure consists of concrete exterior walls, EIFS, aluminum windows and doors, aluminum guards, canopies, low-sloped roof, balconies, and decks. We provided a detailed Depreciation Report that included a review of the property to determine the common property and limited common property general age and condition. The report also included an opinion of the estimated remaining service lives of the assemblies and components, their future estimated replacement budgets, and three (3) financial models for funding the common property contingency reserve fund (CRF) maintenance and renewals plan over the 30-year forecast period.