Ashland Heights II

Db Date 6/30/2020
Estimated Property Exit Date 3/28/2035
State AL
Name Ashland Heights II
Address 460 3rd Ave N
Address 2
Address 3
City Ashland
Zip Code 362514768
Total Units 16
Rental Type Family
Section 515 Rural Housing
Revitalization No
Tax Credit N
Borrower Profit Type Limited Profit
Management Name SOUTHERN DEVELOPMENT COMPANY, LL
1 Br 16
2 Br 0
3 Br 0
4 Br 0
5 Br 0
6 Br 0
Handicapped Units 0
Vacant Units 0
Rental Assistance Units 16
Year Restrictive Clause Expires 2005
Borrower Name SOUTHERN DEV CO OF ASHLAND NO 2 LTD
Borrower Type Limited Partnership
Borrower Name 2 SOUTHERN DEV CO OF ASHLAND NO 2 LTD
Borrower Address 44 MARKET PLAZA
Borrower Address 3 SUITE 801
Borrower Address 4
Borrower City State MONTGOMERY, AL
Data As-of Date 6/30/2020
Fy Of Loan Obligation 1991
Interest Rate At Loan Closing % 3.5
Loan Amt 32541.04
Balloon? FALSE
Remaining Term Days 5416
Orig Loan Term 15.750685
Prepay Eligible FALSE
Prepay Eligible Date Yr 2035
Loan Payoff Year 2035
Estimated Property Exit Year 2035
Project Number 10
Project Id 1
Project Check Digit 0
Latitude 33.276634
Longitude -85.837195
Borrower Id 925488779
Date Of Operation 4/5/1985
Tax Credit Expires
Property Key 9.25489E+12
State County Fips Code 1027