| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 12/14/2032 |
| State | MI |
| Name | LAKEWOOD APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | SARANAC |
| Zip Code | 48881 |
| Total Units | 24 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | N |
| 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 | 1 |
| Rental Assistance Units | 16 |
| Year Restrictive Clause Expires | 2032 |
| Borrower Name | LAKEWOOD APTS SARANAC 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 % | 6.75 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 10574 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2032 |
| Loan Payoff Year | 2052 |
| Estimated Property Exit Year | 2032 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 2 |
| Latitude | 42.925082 |
| Longitude | -85.216685 |
| Borrower Id | 208612622 |
| Date Of Operation | 12/14/1984 |
| Tax Credit Expires | |
| Property Key | |
| State County Fips Code |
Keep a record of past landlord issues.
Having some marks on your rental history will not disqualify you from federal housing, but be prepared to explain situations like an eviction.Candice Bishop says:
"I love that I can get emails from Affordable Housing Online, letting me know when there are more waiting list openings. Thank you!"
