CONSENT OF INDEPENDENT AUDITORS We consent to the reference to our firm under the caption "Experts" in the Form S-3 Registration Statement and related Prospectus of Brauvin Net Lease V, Inc. and to the incorporation by reference therein of our report dated March 27, 1996, with respect to the financial statements and schedule of Brauvin Net Lease V, Inc. included in its Annual Report (Form 10-K) for the year ended December 31, 1995, filed with the Securities and Exchange Commission ERNST & YOUNG LLP Chicago, Illinois May 15, 1996