| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 04/23/2036 |
| State | MI |
| Name | OAK TERRACE APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | TRAVERSE CITY |
| Zip Code | 49684 |
| Total Units | 48 |
| Rental Type | Elderly |
| 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 | 3 |
| Vacant Units | 1 |
| Rental Assistance Units | 35 |
| Year Restrictive Clause Expires | |
| Borrower Name | T J OAK TERRACE LDHA LP |
| 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 | 1991 |
| Interest Rate At Loan Closing % | 9.5 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 4646 |
| Orig Loan Term | 50 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 1986 |
| Loan Payoff Year | 2036 |
| Estimated Property Exit Year | 2036 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 8 |
| Latitude | 44.730154 |
| Longitude | -85.597704 |
| Borrower Id | 068710995 |
| Date Of Operation | 04/23/1986 |
| Tax Credit Expires | 12/31/2022 |
| Property Key | |
| State County Fips Code |
Do not pay for HUD applications.
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