PURCHASE AGREEMENT
                 Kindercare - Westerville, Ohio

This  AGREEMENT,  entered into effective as of  the  12th  day  of
December, 2007.

l.    PARTIES.  Seller  is  AEI Real Estate  Fund  XVIII  Limited
Partnership  which  owns an undivided 100% interest  in  the  fee
simple  title to that certain real property legally described  in
the attached Exhibit "A" (the "Property") Buyer is Richard Singer
and/or  Assigns.  Seller wishes to sell and Buyer wishes  to  buy
the Property.

2.    PROPERTY.  The  Property  to  be  sold  to  Buyer  in  this
transaction  consists  of  an  undivided  100%  interest  in  the
KinderCare   Learning  Center  located  at  1231  Sunbury   Road,
Westerville,  Ohio. Seller owns no interest in any personalty  in
connection with the Property.

3.   PURCHASE PRICE. The purchase price for this 100% interest in
the Property is $1,450,000, all cash.

4.    TERMS. The purchase price for the Property will be paid  by
Buyer as follows:

(A).  When this agreement is executed, Buyer will pay $40,000  to
Seller  (which  shall be deposited into escrow according  to  the
terms  hereof) (the "First Payment"). The First Payment  will  be
credited against the purchase price when and if escrow closes and
the sale is completed.

(B).  Buyer  will  deposit the balance  of  the  purchase  price,
$1,410,000  (the Second Payment") into escrow in sufficient  time
to allow escrow to close on the closing date.

5.    CLOSING  DATE. Escrow shall close on or before January  31,
2008.

6.    DUE DILIGENCE. Buyer will have until January 23, 2008  (the
"Review  Period")  to  conduct all of  its  inspections  and  due
diligence  and  satisfy itself regarding the  Property  and  this
transaction.  Buyer agrees to indemnify and hold Seller  harmless
for any loss or damage to the Property or persons caused by Buyer
or  its  agents arising out of such physical inspections  of  the
Property.   Within  ten  days  of  the  Effective  Date  of  this
Agreement,  Seller shall provide (except as explained  below,  in
Item A):

A.    One  copy  of a title insurance commitment for  an  Owner's
Title insurance policy (see paragraph 8 below), to be ordered  by
Seller immediately upon both parties hereto having executed  this
agreement, and  said commitment to be delivered to Buyer as  soon
as the third party title insurance company provides it to Seller.

B.    A copy of a Certificate of Occupancy or other such document
certifying  completion  and  granting permission  to  permanently
occupy  the  improvements  on the Property  as  are  in  Seller's
possession.

C.    A  copy  of an "as built" survey of the Property  completed
concurrent   with  Seller's  acquisition  of  the  Property,   if
available in Seller's possession.

D.    A copy of any Phase I Environmental Report on the Property,
if available in Seller's possession.

E.    Lease,  and  any  amendments or modifications  thereto  (as
further  set  forth  in paragraph 11(A) below)  of  the  Property
showing   occupancy  date,  lease  expiration  date,  rent,   and
Guarantees,   if  any,  accompanied  by  such  tenant   financial
statements as may have been provided most recently to  Seller  by
the Tenant and/or Guarantors.



Buyer  may  cancel  this agreement for ANY  REASON  in  its  sole
discretion  by  delivering a cancellation notice, return  receipt
requested,  to Seller and escrow holder before the expiration  of
the  Review  Period. Such notice shall be deemed  effective  only
upon receipt by Seller. If this Agreement is not cancelled as set
forth  above,  the  First Payment shall be non-refundable  unless
Seller shall default hereunder.

If  Buyer cancels this Agreement as permitted under this Section,
except for any escrow cancellation fees and any liabilities under
the  first  paragraph of section 6 of this Agreement (which  will
survive),  Seller  (after execution of such documents  reasonably
requested  by  Seller to evidence the termination  hereof)  shall
return  to Buyer its First Payment and Buyer will have absolutely
no  rights, claims or interest of any type in connection with the
Property  or this transaction, regardless of any alleged  conduct
by Seller or anyone else.

Unless this Agreement is canceled by Buyer pursuant to the  terms
hereof, if Buyer fails to make the Second Payment Seller shall be
entitled  to retain the First Payment and Buyer irrevocably  will
be deemed to be in default under this Agreement. Seller then may,
at  its  option,  retain  the  First  Payment  and  declare  this
Agreement  null and void, in which event Buyer will be deemed  to
have canceled this Agreement and relinquish all rights in and  to
the Property, or Seller may exercise its rights under Section  14
hereof.  If this Agreement is not canceled and the First  Payment
and  the  Second  Payment is made when required, all  of  Buyer's
conditions and contingencies will be deemed satisfied.

7.    ESCROW. Escrow shall be opened by Seller and the funds will
be  deposited in escrow upon acceptance of this Agreement by both
parties. The escrow holder will be a nationally-recognized escrow
company  selected  by Seller. A copy of this  Agreement  will  be
delivered  to  the  escrow  holder  and  will  serve  as   escrow
instructions   together   with  the  escrow   holder's   standard
instructions  and  any additional instructions  required  by  the
escrow  holder to clarify its rights and duties (and the  parties
agree  to  sign these additional instructions). If there  is  any
conflict  between  these other instructions and  this  Agreement,
this Agreement will control.

8.    TITLE.  Closing will be conditioned on the agreement  of  a
national  title company selected by Buyer, that will be  approved
by  Seller, to issue an Owner's policy of title insurance,  dated
as  of  the  close of escrow, in an amount equal to the  purchase
price,  insuring  that  Buyer will own  insurable  title  to  the
Property   subject   only  to:  the  title   company's   standard
exceptions;  current real property taxes and assessments;  survey
exceptions; the rights of parties in possession pursuant  to  the
lease  defined  in  paragraph 11 below;  all  matters  of  public
record;  and  other  items disclosed to Buyer during  the  Review
Period.

Buyer  shall be allowed five (5) business days after  receipt  of
said  commitment for examination and the making of any objections
to  marketability thereto, said objections to be made in  writing
or  deemed waived. If any objections are so made, Seller shall be
allowed  sixty  (60) days to cure such objections and  make  such
title  marketable or, in the alternative, to obtain a  commitment
for  insurable title insuring over Buyer's objections. If  Seller
shall  decide to make no efforts to make title marketable, or  is
unable to make title marketable or obtain insurable title, (after
execution  by  Buyer  of such documents reasonably  requested  by
Seller  to evidence the termination hereof) Buyer's First Payment
will be returned and this Agreement shall be null and void and of
no  further force and effect. Seller has no obligation  to  spend
any  funds  or make any effort to satisfy Buyer's objections,  if
any.

Pending   satisfaction  of  Buyer's  objections,   the   payments
hereunder  required shall be postponed, but upon satisfaction  of
Buyer's objections and within ten (10) days after written  notice
to  the  Buyer of satisfaction of Buyer's objections, the parties
shall perform this Agreement according to its terms.

9.    CLOSING COSTS. Seller will pay the Transfer tax,  recording
fees and clerk's fees imposed upon the recording of the deed.  If
Buyer  shall decide to purchase title insurance, then Buyer  will
pay  the  cost  of  obtaining a Standard Owners  Title  Insurance
Policy  in the full amount of the purchase price. Buyer will  pay
the escrow fees, the cost of the title commitment and the cost of
an  update  to the Survey in Sellers possession (if an update  is
required by Buyer.)  Each party will pay its own attorney's  fees
and costs to document and close this transaction.

10.  REAL ESTATE TAXES, SPECIAL ASSESSMENTS AND PRORATIONS.

(A).       Because  the Property is subject to a  net  lease  (as
further set forth in paragraph 11(A)(1)), the parties acknowledge
that  there  shall  be no need for a real estate  tax  proration.
However,   Seller  warrants  that  all  real  estate  taxes   and
installments of special assessments due and payable in all  years
prior to the year of Closing have been paid in full. Unpaid  real
estate  taxes  and unpaid levied and pending special  assessments
existing  on  the date of Closing shall be the responsibility  of
Buyer,  pro-rated, however, to the date of closing for the period
prior to closing, which shall be the responsibility of Seller  if
Tenant shall not pay the same. Buyer shall likewise pay all taxes
due  and  payable  in  the  year after  Closing  and  any  unpaid
installments   of  special  assessments  payable  therewith   and
thereafter, if such unpaid levied and pending special assessments
and real estate taxes are not paid by any tenant of the Property.

(B). All income and all operating expenses from the Property,  if
any,  shall be prorated between the parties and adjusted by  them
as of the date of Closing. Seller shall be entitled to all income
earned, and shall be responsible for all expenses incurred, prior
to  the  date of Closing. Buyer shall be entitled to  all  income
earned and shall be responsible for all operating expenses of the
Property incurred on and after the date of closing.

11.  SELLER'S REPRESENTATION AND AGREEMENTS.

(A). Seller represents and warrants as of this date that:

1.   Except for the Lease Agreement in existence between AEI Real
Estate  Fund  XVIII  Limited  Partnership,  a  Minnesota  Limited
Partnership  (as  Lessor) and Children's World Learning  Centers,
Inc. a Delaware Corporation ("Tenant"), dated June 20th, 1991 and
an  Amendment  to  Net Lease dated July 30,  2004  and  a  Second
Amendment  to Net Lease dated March 7, 2006. Seller is not  aware
of any leases of the Property.

2.    It  is  not aware of any pending litigation or condemnation
proceedings  against  the Property or Seller's  interest  in  the
Property.

3.    Except as previously disclosed to Buyer and as permitted in
paragraph (b) below, Seller is not aware of any contracts  Seller
has  executed that would be binding on Seller after  the  closing
date.

(B).  Provided that Buyer performs its obligations  as  required,
Seller agrees that it will not enter into any new contracts  that
would  materially  affect the Property and be binding  on  Seller
after the Closing Date without Buyer's prior consent, which  will
not be unreasonably withheld.

4.    Seller  has  no  information related to Tenant's  continued
desire  to  lease the Property. If Seller shall become  aware  of
information  related to Tenant's continued desire  to  lease  the
Property, Seller shall disclose this information to Buyer.



12.  DISCLOSURES.

(A).  Seller  has  not  received  any  notice  of  any  material,
physical,  or  mechanical  defects  of  the  Property,  including
without limitation, the plumbing, heating, air conditioning,  and
ventilating, electrical system. To the best of Seller's knowledge
without  inquiry, all such items are in good operating  condition
and  repair  and in compliance with all applicable  governmental,
zoning,   and   land  use  laws,  ordinances,   regulations   and
requirements. If Seller shall receive any notice to the  contrary
prior to Closing, Seller will inform Buyer prior to Closing.

(B).  Seller  has  not  received any  notice  that  the  use  and
operation  of  the  Property  is  not  in  full  compliance  with
applicable  building codes, safety, fire, zoning,  and  land  use
laws,  and  other  applicable  local,  state  and  federal  laws,
ordinances, regulations and requirements. If Seller shall receive
any  such notice prior to Closing, Seller will inform Buyer prior
to Closing.

(C).  Seller knows of no facts, nor has Seller failed to disclose
to Buyer any fact known to Seller, which would prevent the Tenant
from  using and operating the Property after the Closing  in  the
manner in which the Property has been used and operated prior  to
the date of this Agreement. If Seller shall receive any notice to
the contrary prior to Closing, Seller will inform Buyer prior  to
Closing.

(D).  Seller has not received any notice that the Property is  in
violation  of  any  federal, state or local  law,  ordinance,  or
regulations  relating to industrial hygiene or the  environmental
conditions on, under, or about the Property, including,  but  not
limited  to,  soil, and groundwater conditions. To  the  best  of
Seller's  knowledge, there is no proceeding  or  inquiry  by  any
governmental authority with respect to the presence of  Hazardous
Materials on the Property or the migration of Hazardous Materials
from or to other property. Buyer agrees that Seller will have  no
liability of any type to Buyer or Buyer's successors, assigns, or
affiliates in connection with any Hazardous Materials  on  or  in
connection  with the Property either before or after the  Closing
Date,  except  such Hazardous Materials on or in connection  with
the  Property  arising  out  of  Seller's  gross  negligence   or
intentional misconduct. If Seller shall receive any notice to the
contrary  prior  to Closing, Seller will inform  Buyer  prior  to
Closing.

(E). BUYER AGREES THAT IT SHALL BE PURCHASING THE PROPERTY IN ITS
PRESENT  CONDITION,  "AS  IS,    WHERE IS",  AND  SELLER  HAS  NO
OBLIGATIONS TO CONSTRUCT OR REPAIR ANY IMPROVEMENTS THEREON OR TO
PERFORM ANY OTHER ACT REGARDING THE PROPERTY, EXCEPT AS EXPRESSLY
PROVIDED HEREIN.

(F).  BUYER  ACKNOWLEDGES THAT, HAVING BEEN GIVEN THE OPPORTUNITY
TO INSPECT THE PROPERTY AND SUCH FINANCIAL INFORMATION CONCERNING
THE  LESSEE  AND  ANY GUARANTORS OF THE LEASE  AS  BUYER  OR  ITS
ADVISORS  SHALL  REQUEST  AND AS MAY BE IN  SELLER'S  POSSESSION,
BUYER  IS RELYING SOLELY ON ITS OWN INVESTIGATION OF THE PROPERTY
AND  NOT ON ANY REPRESENTATIONS OR INFORMATION PROVIDED BY SELLER
OR  TO  BE PROVIDED BY SELLER, EXCEPT AS SET FORTH HEREIN.  BUYER
FURTHER  ACKNOWLEDGES THAT THE INFORMATION  PROVIDED,  OR  TO  BE
PROVIDED,  BY  SELLER WITH RESPECT TO THE PROPERTY, THE  PROPERTY
AND  TO THE LESSEE AND ANY GUARANTORS OF LEASE, WAS OBTAINED FROM
A  VARIETY  OF  SOURCES AND SELLER HAS NOT (A)  MADE  INDEPENDENT
INVESTIGATION OR VERIFICATION OF SUCH INFORMATION, AND (B)  MAKES
NO  REPRESENTATIONS  AS TO THE ACCURACY OR COMPLETENESS  OF  SUCH
INFORMATION, EXCEPT AS HEREIN SET FORTH. THE SALE OF THE PROPERTY
AS PROVIDED FOR HEREIN IS MADE ON AN "AS IS - WHERE IS" BASIS AND
BUYER  EXPRESSLY  ACKNOWLEDGES  THAT,  IN  CONSIDERATION  OF  THE
AGREEMENTS OF SELLER HEREIN, EXCEPT AS OTHERWISE SPECIFIED HEREIN
IN  PARAGRAPH 11(A) AND (B) ABOVE AND THIS PARAGRAPH  12,  SELLER
MAKES  NO  WARRANTY  OR REPRESENTATION, EXPRESS  OR  IMPLIED,  OR
ARISING  BY OPERATION OF LAW, INCLUDING, BUT NOT LIMITED TO,  ANY
WARRANTY  OF  CONDITION,  HABITABILITY,  SUITABILITY  FOR  LEASE,
SUITABILITY FOR COMMERCIAL PURPOSES, MERCHANTABILITY, OR  FITNESS
FOR  A  PARTICULAR  PURPOSE, IN RESPECT OF THE  PROPERTY.  SELLER
MAKES NO REPRESENTATIONS OF ANY SORT THAT OWNERSHIP OF THE ENTIRE
PROPERTY WILL RESULT IN A PROFIT TO ANY BUYER.

(G)   BUYER  ACKNOWLEDGES THAT SELLER CANNOT, AND DOES NOT,  MAKE
ANY REPRESENTATION AS TO (A) THE SUCCESS, OR LACK THEREOF, OF THE
ENTIRE  PROPERTY, (B) THE LESSEE AND ANY GUARANTORS OF THE  LEASE
OR  THEIR ABILITY TO FULFILL THEIR LEASE OBLIGATIONS, OR (C)  THE
APPROPRIATENESS OF PURCHASING THE ENTIRE PROPERTY FOR THE BUYER'S
INDIVIDUAL  TAX  OR  FINANCIAL  SITUATION  OR  TAX  OR  FINANCIAL
OBJECTIVES.  BUYER ACKNOWLEDGES THAT HE OR SHE IS RELYING  SOLELY
UPON  HIS OR HER OWN EXAMINATION OF THE ENTIRE PROPERTY  AND  ALL
FACTS  SURROUNDING THE PURCHASE OF THE ENTIRE PROPERTY  INCLUDING
THE MERITS AND RISKS INVOLVED THEREIN.

The provisions (D) - (G) above shall survive Closing.

13.  CLOSING.

(A). Before the closing date, Seller will deposit into escrow  an
executed  special warranty deed warranting title  against  lawful
claims  by, through, or under a conveyance from Seller,  but  not
further  or otherwise, conveying insurable title of the  Property
to  Buyer,  subject to the exceptions contained  in  paragraph  8
above. Seller will also deliver an Estoppel Certificate certified
by Seller (or if available, by Lessee) as to the absence of known
defaults by Lessee and Lessor under the Lease

(B).  On  or  before  the closing date, Buyer will  deposit  into
escrow  the  balance  of the Purchase Price when  required  under
Section 4 and any additional funds required of Buyer (pursuant to
this agreement or any other agreement executed by Buyer) to close
escrow. Both parties will deliver to the escrow holder any  other
documents  reasonably  required by the  escrow  holder  to  close
escrow.

(C). On the closing date, if escrow is ready to close, the escrow
holder  will:  record  the deed in the official  records  of  the
county where the Property is located; cause the title company  to
commit  to issue the title policy; immediately deliver to  Seller
the  portion  of  the  purchase price deposited  into  escrow  by
cashier's check or wire transfer (less debits and prorations,  if
any);  deliver  to Seller and Buyer a signed counterpart  of  the
escrow  holder's certified closing statement and take  all  other
actions necessary to close escrow.

14.   DEFAULTS. If Buyer defaults, Buyer will forfeit all  rights
and  claims  and  Seller will be relieved of all obligations  and
will  be  entitled to retain all monies heretofore  paid  by  the
Buyer. In addition, Seller shall retain all remedies available to
Seller at law or in equity.

If  Seller  shall  default, Seller will forfeit  all  rights  and
claims and Buyer will be relieved of all obligations and will  be
entitled  to  the  return of its Earnest Money,  which  shall  be
promptly  returned to Buyer. In addition, Buyer shall retain  all
remedies available to Buyer at law or in equity.

15.  BUYER'S REPRESENTATIONS AND WARRANTIES.

(A). Buyer represents and warrants to Seller as follows:

(1).  In  addition  to  the  acts and deeds  recited  herein  and
contemplated to be performed, executed, and delivered  by  Buyer,
Buyer  shall  perform,  execute  and  deliver  or  cause  to   be
performed,  executed, and delivered at the Closing or  after  the
Closing, any and all further acts, deeds and assurances as Seller
or  the  Title Company may require and be reasonable in order  to
consummate the transactions contemplated herein.

(2).  Buyer  has all requisite power and authority to  consummate
the  transaction contemplated by this Agreement and has by proper
proceedings  duly authorized the execution and delivery  of  this
Agreement  and  the consummation of the transaction  contemplated
hereby.

(3). To Buyer's knowledge, neither the execution and delivery  of
this   Agreement   nor  the  consummation  of   the   transaction
contemplated hereby will violate or be in conflict with  (a)  any
applicable provisions of law, (b) any order of any court or other
agency  of  government having jurisdiction  hereof,  or  (c)  any
agreement  or instrument to which Buyer is a party  or  by  which
Buyer is bound.

16.  DAMAGES, DESTRUCTION AND EMINENT DOMAIN.

(A).  If,  prior to closing, the Property or any part thereof  be
destroyed or further damaged by fire, the elements, or any cause,
due  to events occurring subsequent to the date of this Agreement
to  the  extent that the cost of repair exceeds $10,000.00,  this
Agreement   shall  become  null  and  void,  at  Buyer's   option
exercised, if at all, by written notice to Seller within ten (10)
days  after Buyer has received written notice from Seller of said
destruction or damage. Seller, however, shall have the  right  to
adjust or settle any insured loss until (i) all contingencies set
forth  in Paragraph 6 hereof have been satisfied, or waived;  and
(ii)  any  ten-day period provided for above in this Subparagraph
16a for Buyer to elect to terminate this Agreement has expired or
Buyer  has, by written notice to Seller, waived Buyer's right  to
terminate  this  Agreement. If Buyer elects  to  proceed  and  to
consummate the purchase despite said damage or destruction, there
shall be no reduction in or abatement of the purchase price,  and
Seller  shall  assign  to Buyer the Seller's  right,  title,  and
interest  in and to all insurance proceeds (pro-rata in  relation
to the Property) resulting from said damage or destruction to the
extent  that the same are payable with respect to damage  to  the
Property, subject to rights of any Tenant of the Property.

If  the  cost  of  repair is less than $10,000.00,  Seller  shall
credit  Buyer  for the cost of the repairs. Buyer shall  then  be
obligated to otherwise perform hereinunder.

(B). If, prior to closing, the Property, or any part thereof,  is
taken  by  eminent domain, this Agreement shall become  null  and
void  at Buyer's option. If Buyer elects to proceed to consummate
the purchase despite said taking, there shall be no reduction in,
or  abatement of, the purchase price, and Seller shall assign  to
Buyer the Seller's right, title, and interest in and to any award
made,  or to be made, in the condemnation proceeding pro-rata  in
relation to the Property, subject to rights of any Tenant of  the
Property.

In  the  event  that  this Agreement is terminated  by  Buyer  as
provided  above  in  Subparagraph 16A or 16B, the  First  Payment
shall  be immediately returned to Buyer (after execution by Buyer
of  such documents reasonably requested by Seller to evidence the
termination hereof.)

17.  1031 EXCHANGE.

If  Buyer is purchasing the Property as "replacement property" to
for  purposes  of  a  tax free exchange, Buyer acknowledges  that
Seller has made no representations, warranties, or agreements  to
Buyer or Buyer's agents that the transaction contemplated by  the
Agreement will qualify for such tax treatment, nor has there been
any  reliance  thereon  by  Buyer respecting  the  legal  or  tax
implications  of  the  transactions  contemplated  hereby.  Buyer
further  represents  that it has sought and obtained  such  third
party advice and counsel as it deems necessary in regards to  the
tax implications of this transaction.

Buyer  asks  the  Seller, and Seller agrees to cooperate  in  the
perfection  of  such  an  exchange if at no  additional  cost  or
expense to Seller or delay in time. Buyer hereby indemnifies  and
holds  Seller  harmless from any claims and/or actions  resulting
from said exchange.

18.  CANCELLATION

If any party elects to cancel this Contract because of any breach
by  another party or because escrow fails to close by the  agreed
date,  the party electing to cancel shall deliver to escrow agent
a  notice  containing  the address of the  party  in  breach  and
stating  that this Contract shall be cancelled unless the  breach
is  cured within 13 days following the delivery of the notice  to
the escrow agent. Within three days after receipt of such notice,
the escrow agent shall send it by United States Mail to the party
in  breach at the address contained in the Notice and no  further
notice  shall be required. If the breach is not cured within  the
13 days following the delivery of the notice to the escrow agent,
this Contract shall be cancelled.

19.  MISCELLANEOUS.

(A).  This  Agreement  may be amended only by  written  agreement
signed  by  both  Seller and Buyer and all  waivers  must  be  in
writing  and signed by the waiving party. Time is of the essence.
This  Agreement  will not be construed for  or  against  a  party
whether or not that party has drafted this Agreement. If there is
any  action  or proceeding between the parties relating  to  this
Agreement  the  prevailing  party will  be  entitled  to  recover
attorney's  fees  and  costs.  This is  an  integrated  agreement
containing  all agreements of the parties about the Property  and
the   other  matters  described  and  it  supersedes  any   other
agreements or understandings. Exhibits attached to this Agreement
are incorporated into this Agreement.

(B). If this escrow has not closed by the Closing Date through no
fault  of Seller, Seller may, at its election, extend the closing
date  or  exercise any remedy available to it by  law,  including
terminating this Agreement.

(C).  Funds  to be deposited or paid by Buyer must  be  good  and
clear  funds  in  the  form  of cash, cashier's  checks  or  wire
transfers.

(D).  All notices from either of the parties hereto to the  other
shall  be  in writing and shall be considered to have  been  duly
given  or  served if sent by first class certified  mail,  return
receipt requested, postage prepaid, or by a nationally recognized
courier  service guaranteeing overnight delivery to the party  at
his  or its address set forth below, or to such other address  as
such party may hereafter designate by written notice to the other
party.

If to Seller:

AEI Fund Management XVIII, Inc.
1300 Wells Fargo Place
30 East Seventh Street
St. Paul, MN  55101

If to Buyer:

Richard Singer
P.O. Box 580
San Francisco, CA  94104

When  accepted, this offer will be a binding agreement for  valid
and  sufficient consideration which will bind and benefit  Buyer,
Seller  and  their  respective successors and assigns.  Buyer  is
submitting  this  offer  by signing a  copy  of  this  offer  and
delivering  it to Seller. Seller has one (1) business  days  from
receipt within which to accept this offer.

This   Agreement  shall  be  governed  by,  and  interpreted   in
accordance with, the laws of the State of Ohio.

IN  WITNESS  WHEREOF,  the Seller and Buyer  have  executed  this
Agreement effective as of the day and year above first written.



BUYER:

Richard Singer and/or Assigns

By: /s/ Richard Singer
        Richard Singer

SELLER:

AEI Real Estate Fund XVIII Limited Partnership
By AEI Fund Management XVIII, Inc., Its Managing Member

By: /s/ Robert P Johnson
        Bob Johnson - President





                            EXHIBIT A


SITUATED  IN THE STATE OF OHIO, COUNTY OF FRANKLIN, PARTIALLY  IN
THE  CITY  OF  WESTERVILLE,  AND PARTIALLY  IN  THE  TOWNSHIP  OF
BLENDON, IN QUARTER TOWNSHIP 1, TOWNSHIP 2 NORTH, RANGE 19  WEST,
UNITED STATES MILITARY LANDS, AND BEING PORTIONS OF A 1.9627 ACRE
TRACT  OF LAND AND A 2.3819 ACRE TRACT OF LAND, BOTH CONVEYED  TO
JOHN  E  AND  ANDREA L STOUGHTON BY DEED OF RECORD IN  DEED  BOOK
3601,  PAGE  508,  RECORDER'S OFFICE, FRANKLIN COUNTY  OHIO,  AND
BOUNDED AND DESCRIBED AS FOLLOWS:

COMMENCING  AT A RAILROAD SPIKE SET IN THE CENTERLINE OF  SNUBURY
ROAD (60 FEET WIDE),  AT THE NORTHEAST CORNER OF SAID 2.3819 ACRE
TRACT  AND  AT THE SOUTHEAST CORNER OF COLLEGE ACRES SUBDIVISION,
AS  SHOWN ON RECORD IN PLAT BOOK 54, PAGE 94, RECORDER'S  OFFICE,
FRANKLIN COUNTY, OHIO;

THENCE NORTH 85 DEG 00' 00" WEST, 58.14 FEET ALONG THE NORTH LINE
OF  SAID 2.3819 ACRE TRACT TO THE TRUE PLACE OF BEGINNING.   SAID
PLACE OF BEGINNING ALSO BEING THE WESTERLY LINE OF AN 0.816  ACRE
TRACT  CONVEYED TO THE FRANKLIN COUNTY COMMISSIONERS BY  WARRANTY
DEED  RECORDED  IN  OFFICIAL  RECORDS  VOLUME  5824,  PAGE  H-13,
FRANKLIN COUNTY RECORDER'S OFFICE;

THENCE ALONG THE WESTELRY LINE OF SAID 0.816 ACRE TRACT, SOUTH 25
DEG. 54' 49" WEST, 40.73 FEET;

THENCE  CONTINUING  ALONG THE WESTERLY LINE OF  SAID  0.816  ACRE
TRACT  AND ON A CURVE TO THE LEFT, 122.89 FEET, SAID CURVE HAVING
A  RADIUS OF 4.490 FEET AND A CHORD OF 122.89 FEET, BEARING SOUTH
24 DEG. 58' 48" WEST;

THENCE  CROSSING  SAID 2.3819 ACRE TRACT AND A  PORTION  OF  SAID
1.9627 ACRE TRACT BY THE FOLLOWING TWO COURSES;

  1.   NORTH 64 DEG. 44' 30" WEST, 53.36 FEET

  2.    NORTH  85  DEG. 00' 00" WEST 212.04 FEET TO THE SOUTHWEST
     CORNER OF THE TRACT HEREIN DESCRIBED AND THE EASTERLY LINE OF A
     1.429 ACRE TRACT CONVEYED TO KINDER-CARE LEARNING CENTER BY DEED
     RECORDED IN OFFICIAL RECORDS VOLUME 419, PAGE J-18, FRANKLIN
     COUNTY RECORDER'S OFFICE;

THENCE  NORTH  5  DEG. 00' 00" EAST, CROSSING A PORTION  OF  SAID
1.9627  ACRE TRACT, A DISTANCE OF 135.00 FEET TO AN IRON PIN  SET
IN  THE  NORTH LINE OF SAID 1.9627 ACRE TRACT, AND IN  THE  SOUTH
LINE OF SAID COLLEGE ACRES SUBDIVISION;

THENCE  SOUTH 85 DEG. 00' 00" EAST, ALONG A PORTION OF THE  NORTH
LINE  OF  SAID  1.9627 ACRE TRACT, ALONG THE NORTH LINE  OF  SAID
2.3819  ACRE TRACT AND ALONG A PROTION OF THE SOUTH LINE OF  SAID
COLLEE  ACRES SUBDIVISION, A DISTANCE OF 318.60 FEET TO THE  TRUE
PLACE  OF  BEGINNING, CONTAINING 0.921  ACRES OF  LAND,  MORE  OR
LESS,  AND  BEING  SUBJECT TO ALL EASEMENTS AND RIGHTS-OF-WAY  OF
RECORD.

INCLUDED IN THIS DEED IS A PERPETUAL INGRESS, EGRESS EASEMENT FOR
THE  BENEFIT  OF THE HEREIN DESCRIBED PROPERTY AND  THE  ABUTTING
PROPERTY AS SHOWN ON THE ATTACHED EXHIBIT "A" AS FOLLOWS:


DESCRIPTION OF A 25 FOOT WIDE INGRESS, REGREE EASEMENT:

BEGINNING AT A POINT ON THE SOUTHERLY LINE OF THE ABOVE DESCRIBED
0.921 ACRE TRACT, SAID BEGINNING POINT BEING 175.95 FEET FROM THE
SOUTHWEST CORNER OF SAID 0.921 ACRE TRACT; THENCE NORTH  25  DEG.
15;  30"  EAST,  25.00 FEET; THENCE SOUTH 64 DEG. 44'  30"  EAST,
87.22   FEET  TO THE WESTERLY RIGHT-OF-WAY LINE OF SUNBURY  ROAD,
ALSO  BEING  THE WESTERLY LINE OF A 0.816 ACRE TRACT CONVEYED  TO
THE  FRANKLIN COUNTY COMMISSIONERS BY WARRANTY DEED  RECORDED  IN
OFFICIAL  RECORDS  VOLUME  5824  ,  PAGE  H-13,  FRANKLIN  COUNTY
RECORDER'S OFFICE; THENCE ALONG SAID WESTERLY LINE AND ON A CURVE
TO THE LEFT, 25.00 FEET, SAID CURVE HAVING A RADIUS OF 4.490  ANC
A  CHORD OF 25.00 FEET, BEARING SOUTH 24 DEG. 58' 3" WEST; THENCE
NORTH  64  DEG.  44'  30"  WEST, 87.34   FEET  TO  THE  POINT  OF
BEGINNING, CONTAINING APPROXIMATELY 0.060 ACRES, MORE OR LESS.