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MILL RACE APTS PLAINWELL LP

Db Date 06/30/2023
Estimated Property Exit Date 04/16/2033
State MI
Name MILL RACE APTS PLAINWELL LP
Address
Address 2
Address 3
City PLAINWELL
Zip Code 49080
Total Units 32
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 3
Rental Assistance Units 24
Year Restrictive Clause Expires 2033
Borrower Name MILL RACE APTS PLAINWELL LP
Borrower Type Limited Partnership
Borrower Name 2
Borrower Address
Borrower Address 3
Borrower Address 4
Borrower City State NOVI, MI
Data As-of Date
Fy Of Loan Obligation 1991
Interest Rate At Loan Closing % 6
Loan Amt
Balloon? TRUE
Remaining Term Days 9460
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2033
Loan Payoff Year 2049
Estimated Property Exit Year 2033
Project Number
Project Id 01
Project Check Digit 6
Latitude 42.437817
Longitude -85.644096
Borrower Id 103561288
Date Of Operation 04/16/1976
Tax Credit Expires 12/15/2033
Property Key
State County Fips Code