Affordable Housing Online - Logo
Print page

POLK AVENUE APTS

Db Date 06/30/2023
Estimated Property Exit Date 12/02/2028
State NM
Name POLK AVENUE APTS
Address
Address 2
Address 3
City LOVINGTON
Zip Code 88260
Total Units 52
Rental Type Elderly
Section 515 Rural Housing
Revitalization No
Tax Credit Y
Borrower Profit Type
Management Name MONARCH PROPERTIES, INC
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 4
Vacant Units 0
Rental Assistance Units 0
Year Restrictive Clause Expires 2000
Borrower Name POLK AVENUE ASSOC LTD PARTNERSHIP
Borrower Type Limited Partnership
Borrower Name 2
Borrower Address
Borrower Address 3
Borrower Address 4
Borrower City State ALBUQUERQUE, NM
Data As-of Date
Fy Of Loan Obligation 1991
Interest Rate At Loan Closing % 6.12
Loan Amt
Balloon? TRUE
Remaining Term Days 9266
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2028
Loan Payoff Year 2048
Estimated Property Exit Year 2028
Project Number
Project Id 01
Project Check Digit 8
Latitude 32.958399
Longitude -103.351388
Borrower Id 544884179
Date Of Operation 12/02/1998
Tax Credit Expires 01/01/2015
Property Key
State County Fips Code