| 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 |
Only submit truthful information.
Submitting false information can disqualify the household from assistance, and may land the applicant in legal trouble.Diane Johnson says:
"The housing information on Affordable Housing Online is comprehensive, timely and user friendly. I appreciate all the diligent research that goes into collecting and sharing this vital information. Thanks for your commitment to excellence."
