OTSEGO APARTMENTS

Db Date 06/30/2023
Estimated Property Exit Date 02/20/2029
State MI
Name OTSEGO APARTMENTS
Address
Address 2
Address 3
City OTSEGO
Zip Code 49078
Total Units 25
Rental Type Family
Section 515 Rural Housing
Revitalization No
Tax Credit Y
Borrower Profit Type
Management Name KMG PRESTIGE INC
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 2
Vacant Units 2
Rental Assistance Units 19
Year Restrictive Clause Expires 2013
Borrower Name OTSEGO APTS LDHALP
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 1994
Interest Rate At Loan Closing % 6.5
Loan Amt
Balloon? FALSE
Remaining Term Days 2036
Orig Loan Term 50
Prepay Eligible
Prepay Eligible Date Yr 2044
Loan Payoff Year 2029
Estimated Property Exit Year 2029
Project Number
Project Id 01
Project Check Digit 9
Latitude 42.455822
Longitude -85.706697
Borrower Id 200507152
Date Of Operation 02/20/1980
Tax Credit Expires 02/28/2029
Property Key
State County Fips Code