CHERRYWOOD APTS

Db Date 06/30/2023
Estimated Property Exit Date 12/01/2040
State NC
Name CHERRYWOOD APTS
Address
Address 2
Address 3
City CHERRYVILLE
Zip Code 28021
Total Units 48
Rental Type Family
Section 515 Rural Housing
Revitalization Yes
Tax Credit Y
Borrower Profit Type
Management Name CAHEC
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 0
Vacant Units 4
Rental Assistance Units 41
Year Restrictive Clause Expires 2039
Borrower Name NEW CHERRYWOOD APTS LLC
Borrower Type Limited Partnership
Borrower Name 2
Borrower Address
Borrower Address 3
Borrower Address 4
Borrower City State CHERRYVILLE, NC
Data As-of Date
Fy Of Loan Obligation 2008
Interest Rate At Loan Closing % 4.88
Loan Amt
Balloon? TRUE
Remaining Term Days 13460
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2040
Loan Payoff Year 2060
Estimated Property Exit Year 2040
Project Number
Project Id 01
Project Check Digit 1
Latitude 35.378238
Longitude -81.360391
Borrower Id 536925773
Date Of Operation 12/01/1991
Tax Credit Expires 12/11/2039
Property Key
State County Fips Code