Creekside Deli - June 1, 2006 to May 31, 2011 payable at $1000.00 per month.  An additional 5 years to be renegotiated before end of term.

Moonshine over Cobb Mnt.  (liquor store) - August 26, 2005 to July 30, 2010 payable at $1000.00 per month for balance of lease.  An additional 5 years to be negotiated before end of term.

Frog Hollow Home & Garden Shop - October 1, 2006 to September 30, 2007 payable at $500.00 per month.  Now on a  month to month basis.

Forest Lake Realty - December 1, 2005 to November 30, 2010 payable at $300.00 per month for 36 months, then $500.00 per month for balance of lease.  An additional 5 years to be negotiated before end of term.

Inn at Kelsey Creek - January 1, 2007 to December 31, 2012 payable at $2,500 per month.
 

EXPENSES

Tenants pay all their own utilities except for water.

There are 5 parking spaces across the street that are leased for 3 years payable at $125.00 per month with a $5.00 per month increase each year.  There is 1 year left on the lease with an additional 3 years renewable.

Water is supplied by Cobb Mutual Water at a special rate because this property owns water rights to the spring.  The bill runs about $100.00 per month in the summer.

Insurance including liability for the Inn is $327.00 per month.

I put new gutters on the building this year for a total of $1,326.00 plus $50.00 to repair a door.
I have a gardener who maintains the planters, and blows the parking and sidewalks daily at $11.00 per hour.  It takes about 1 hour a day 5 days a week, so the total is about $200.00 per month.
I also pump out the septic tank twice a year which runs $160.00 each time.