FAIRINGTON WEST APARTMENTS

Db Date 06/30/2023
Estimated Property Exit Date 09/08/2048
State NC
Name FAIRINGTON WEST APARTMENTS
Address
Address 2
Address 3
City CONCORD
Zip Code 28027
Total Units 48
Rental Type Family
Section 515 Rural Housing
Revitalization No
Tax Credit Y
Borrower Profit Type
Management Name GEM MANAGEMENT LLC
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 3
Vacant Units 2
Rental Assistance Units 47
Year Restrictive Clause Expires 2048
Borrower Name FAIRINGTON WEST NC LLC
Borrower Type Limited Partnership
Borrower Name 2
Borrower Address
Borrower Address 3
Borrower Address 4
Borrower City State CHARLOTTE, NC
Data As-of Date
Fy Of Loan Obligation 1995
Interest Rate At Loan Closing % 3.75
Loan Amt
Balloon? TRUE
Remaining Term Days 16498
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2048
Loan Payoff Year 2068
Estimated Property Exit Year 2048
Project Number
Project Id 01
Project Check Digit 3
Latitude 35.434615
Longitude -80.630874
Borrower Id 623467012
Date Of Operation 09/08/1995
Tax Credit Expires 08/30/2048
Property Key
State County Fips Code
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