GRIERSON APTS II

Db Date 06/30/2023
Estimated Property Exit Date 01/25/2030
State MI
Name GRIERSON APTS II
Address
Address 2
Address 3
City DECATUR
Zip Code 49045
Total Units 24
Rental Type Elderly
Section 515 Rural Housing
Revitalization No
Tax Credit N
Borrower Profit Type
Management Name MRD APARTMENTS
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 2
Vacant Units 0
Rental Assistance Units 22
Year Restrictive Clause Expires 2044
Borrower Name GRIERSON APTS LP II
Borrower Type Limited Partnership
Borrower Name 2
Borrower Address
Borrower Address 3
Borrower Address 4
Borrower City State EAST LANSING, MI
Data As-of Date
Fy Of Loan Obligation 1992
Interest Rate At Loan Closing % 6.5
Loan Amt
Balloon? FALSE
Remaining Term Days 2721
Orig Loan Term 50
Prepay Eligible
Prepay Eligible Date Yr 2044
Loan Payoff Year 2030
Estimated Property Exit Year 2030
Project Number
Project Id 01
Project Check Digit 8
Latitude 42.106089
Longitude -85.964718
Borrower Id 482077505
Date Of Operation 01/25/1994
Tax Credit Expires
Property Key
State County Fips Code