RIVERVUE APTS.

Db Date 06/30/2023
Estimated Property Exit Date 02/28/2033
State MI
Name RIVERVUE APTS.
Address
Address 2
Address 3
City BELLEVUE
Zip Code 49021
Total Units 24
Rental Type Family
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 0
Vacant Units 0
Rental Assistance Units 20
Year Restrictive Clause Expires 2034
Borrower Name T J RIVERVUE 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 % 5.75
Loan Amt
Balloon? TRUE
Remaining Term Days 9303
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2033
Loan Payoff Year 2048
Estimated Property Exit Year 2033
Project Number
Project Id 01
Project Check Digit 9
Latitude 42.487309
Longitude -85.013809
Borrower Id 849426770
Date Of Operation 02/28/1977
Tax Credit Expires 09/07/2003
Property Key
State County Fips Code