MONTAGUE PLACE APTS AMERICAN PREFERRED

Db Date 06/30/2023
Estimated Property Exit Date 05/01/2042
State MI
Name MONTAGUE PLACE APTS AMERICAN PREFERRED
Address
Address 2
Address 3
City CARO
Zip Code 48723
Total Units 28
Rental Type Family
Section 515 Rural Housing
Revitalization No
Tax Credit Y
Borrower Profit Type
Management Name AMERICAN PREFERRED MANAGEMENT CO
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 0
Vacant Units 6
Rental Assistance Units 21
Year Restrictive Clause Expires 2042
Borrower Name MONTAGUE PLACE 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 % 8.25
Loan Amt
Balloon? FALSE
Remaining Term Days 6881
Orig Loan Term 50
Prepay Eligible
Prepay Eligible Date Yr 2042
Loan Payoff Year 2042
Estimated Property Exit Year 2042
Project Number
Project Id 01
Project Check Digit 1
Latitude 43.488132
Longitude -83.397549
Borrower Id 185260978
Date Of Operation 05/01/1992
Tax Credit Expires 06/01/2007
Property Key
State County Fips Code