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KINGS GATE APARTMENTS

Db Date 06/30/2023
Estimated Property Exit Date 07/15/2033
State AR
Name KINGS GATE APARTMENTS
Address
Address 2
Address 3
City DEQUEEN
Zip Code 71832
Total Units 25
Rental Type Family
Section 515 Rural Housing
Revitalization No
Tax Credit Y
Borrower Profit Type
Management Name SUNBELT DEVELOPMENT CORP.
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 2
Vacant Units 3
Rental Assistance Units 15
Year Restrictive Clause Expires 2033
Borrower Name KINGS GATE LIMITED PARTNERSHIP
Borrower Type Limited Partnership
Borrower Name 2
Borrower Address
Borrower Address 3
Borrower Address 4
Borrower City State LITTLE ROCK, AR
Data As-of Date
Fy Of Loan Obligation 1991
Interest Rate At Loan Closing % 7.25
Loan Amt
Balloon? FALSE
Remaining Term Days 3649
Orig Loan Term 40
Prepay Eligible
Prepay Eligible Date Yr 2033
Loan Payoff Year 2033
Estimated Property Exit Year 2033
Project Number
Project Id 01
Project Check Digit 8
Latitude 34.038158
Longitude -94.362207
Borrower Id 960251820
Date Of Operation 07/15/1993
Tax Credit Expires 12/31/2008
Property Key
State County Fips Code