Affordable Housing Online - Logo
Print page

MCDOWELL APTS II

Db Date 06/30/2023
Estimated Property Exit Date 12/30/2031
State MI
Name MCDOWELL APTS II
Address
Address 2
Address 3
City HARTFORD
Zip Code 49057
Total Units 24
Rental Type Elderly
Section 515 Rural Housing
Revitalization No
Tax Credit N
Borrower Profit Type
Management Name MRD APARTMENTS
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 2
Vacant Units 0
Rental Assistance Units 19
Year Restrictive Clause Expires 2043
Borrower Name MCDOWELL APTS LP II
Borrower Type Limited Partnership
Borrower Name 2
Borrower Address
Borrower Address 3
Borrower Address 4
Borrower City State EAST LANSING, MI
Data As-of Date
Fy Of Loan Obligation 1992
Interest Rate At Loan Closing % 6.5
Loan Amt
Balloon? FALSE
Remaining Term Days 2988
Orig Loan Term 50
Prepay Eligible
Prepay Eligible Date Yr 2043
Loan Payoff Year 2031
Estimated Property Exit Year 2031
Project Number
Project Id 01
Project Check Digit 9
Latitude 42.183533
Longitude -86.16568
Borrower Id 282786903
Date Of Operation 12/30/1993
Tax Credit Expires
Property Key
State County Fips Code