COLONEY JUNCTION APARTMENTS

Db Date 06/30/2023
Estimated Property Exit Date 03/07/2045
State MI
Name COLONEY JUNCTION APARTMENTS
Address
Address 2
Address 3
City LAKEVIEW
Zip Code 48850
Total Units 24
Rental Type Family
Section 515 Rural Housing
Revitalization No
Tax Credit Y
Borrower Profit Type
Management Name RED OAK MANAGEMENT
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 2045
Borrower Name COLONEY JUNCTION LP
Borrower Type Limited Partnership
Borrower Name 2
Borrower Address
Borrower Address 3
Borrower Address 4
Borrower City State CEDAR SPRINGS, MI
Data As-of Date
Fy Of Loan Obligation 1994
Interest Rate At Loan Closing % 6.5
Loan Amt
Balloon? FALSE
Remaining Term Days 7914
Orig Loan Term 50
Prepay Eligible
Prepay Eligible Date Yr 2045
Loan Payoff Year 2045
Estimated Property Exit Year 2045
Project Number
Project Id 01
Project Check Digit 8
Latitude 43.442372
Longitude -85.286006
Borrower Id 238032275
Date Of Operation 03/07/1995
Tax Credit Expires 02/08/2026
Property Key
State County Fips Code