| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 09/14/2031 |
| State | MN |
| Name | SOMERSET SOUTH APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | ST JAMES |
| Zip Code | 56081 |
| Total Units | 24 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | No |
| Tax Credit | N |
| Borrower Profit Type | |
| Management Name | MAYBERRY REALTY |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 3 |
| Vacant Units | 0 |
| Rental Assistance Units | 13 |
| Year Restrictive Clause Expires | 2031 |
| Borrower Name | SOMERSET GREEN |
| Borrower Type | General Partnership |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | ST JAMES, MN |
| Data As-of Date | |
| Fy Of Loan Obligation | 1991 |
| Interest Rate At Loan Closing % | 4.62 |
| Loan Amt | |
| Balloon? | FALSE |
| Remaining Term Days | 3010 |
| Orig Loan Term | 22.249315 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2031 |
| Loan Payoff Year | 2031 |
| Estimated Property Exit Year | 2031 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 9 |
| Latitude | 43.985084 |
| Longitude | -94.632226 |
| Borrower Id | 043345644 |
| Date Of Operation | 09/14/1981 |
| Tax Credit Expires | |
| Property Key | |
| State County Fips Code |
Prepare to pay a fee to apply for units that accept Section 8 vouchers.
While there is no charge for Section 8 applications, a private landlord may charge a fee to apply for an available unit.Douglas Cook says:
"Affordable Housing Online is a good resource to keep you updated."