OLD MILL RACE APTS

Db Date 06/30/2023
Estimated Property Exit Date 10/20/2036
State MI
Name OLD MILL RACE APTS
Address
Address 2
Address 3
City COLDWATER
Zip Code 49036
Total Units 48
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 4
Vacant Units 1
Rental Assistance Units 25
Year Restrictive Clause Expires 2036
Borrower Name T J OLD MILLRACE LIMITED PARTNERSHIP
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 % 6.25
Loan Amt
Balloon? TRUE
Remaining Term Days 12085
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2036
Loan Payoff Year 2056
Estimated Property Exit Year 2036
Project Number
Project Id 01
Project Check Digit 6
Latitude 41.943906
Longitude -85.020738
Borrower Id 092892788
Date Of Operation 10/20/1983
Tax Credit Expires 12/31/2021
Property Key
State County Fips Code
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