OAK HILLS APTS

Db Date 06/30/2023
Estimated Property Exit Date 09/05/2047
State MI
Name OAK HILLS APTS
Address
Address 2
Address 3
City IONIA
Zip Code 48846
Total Units 24
Rental Type Elderly
Section 515 Rural Housing
Revitalization No
Tax Credit Y
Borrower Profit Type
Management Name WATERMARK MANAGEMENT GROUP
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 3
Vacant Units 0
Rental Assistance Units 24
Year Restrictive Clause Expires 2047
Borrower Name TJ OAK HILL LDHA LP
Borrower Type Limited Partnership
Borrower Name 2
Borrower Address
Borrower Address 3
Borrower Address 4
Borrower City State LANSING, MI
Data As-of Date
Fy Of Loan Obligation 1991
Interest Rate At Loan Closing % 3.25
Loan Amt
Balloon? TRUE
Remaining Term Days 15920
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2047
Loan Payoff Year 2067
Estimated Property Exit Year 2047
Project Number
Project Id 01
Project Check Digit 8
Latitude 42.991415
Longitude -85.045523
Borrower Id 078898314
Date Of Operation 09/05/1990
Tax Credit Expires 02/28/2047
Property Key
State County Fips Code