MORGAN TRACE APTS

Db Date 06/30/2023
Estimated Property Exit Date 04/13/2045
State AL
Name MORGAN TRACE APTS
Address
Address 2
Address 3
City GULF SHORES
Zip Code 36542
Total Units 50
Rental Type Family
Section 515 Rural Housing
Revitalization Yes
Tax Credit Y
Borrower Profit Type
Management Name ARD, INC
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 3
Vacant Units 1
Rental Assistance Units 40
Year Restrictive Clause Expires 2009
Borrower Name MORGAN TRACE APTS NEW, LTD.
Borrower Type Limited Partnership
Borrower Name 2
Borrower Address
Borrower Address 3
Borrower Address 4
Borrower City State TUSCALOOSA, AL
Data As-of Date
Fy Of Loan Obligation 2014
Interest Rate At Loan Closing % 3.12
Loan Amt
Balloon? TRUE
Remaining Term Days 15243
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2045
Loan Payoff Year 2065
Estimated Property Exit Year 2045
Project Number
Project Id 01
Project Check Digit 4
Latitude 30.259825
Longitude -87.710037
Borrower Id 435057042
Date Of Operation 04/13/1989
Tax Credit Expires 08/28/2029
Property Key
State County Fips Code