SANDY PINES APTS

Db Date 06/30/2023
Estimated Property Exit Date 03/19/2044
State MI
Name SANDY PINES APTS
Address
Address 2
Address 3
City KALKASKA
Zip Code 49646
Total Units 50
Rental Type Mixed
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 5
Vacant Units 1
Rental Assistance Units 46
Year Restrictive Clause Expires 2044
Borrower Name TJ SANDY PINES LDHA
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 2012
Interest Rate At Loan Closing % 3.75
Loan Amt
Balloon? TRUE
Remaining Term Days 14937
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2044
Loan Payoff Year 2064
Estimated Property Exit Year 2044
Project Number
Project Id 01
Project Check Digit 3
Latitude 44.722073
Longitude -85.185624
Borrower Id 078295374
Date Of Operation 03/19/1981
Tax Credit Expires 05/30/2034
Property Key
State County Fips Code
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