MERCER ROAD APTS

Db Date 06/30/2023
Estimated Property Exit Date 10/30/2046
State NC
Name MERCER ROAD APTS
Address
Address 2
Address 3
City ELIZABETHTOWN
Zip Code 28337
Total Units 66
Rental Type Family
Section 515 Rural Housing
Revitalization Yes
Tax Credit Y
Borrower Profit Type
Management Name PENDERGRAPH MANAGEMENT, LLC
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 5
Vacant Units 2
Rental Assistance Units 66
Year Restrictive Clause Expires 2044
Borrower Name MERCER ROAD APARTMENTS, LP
Borrower Type Limited Partnership
Borrower Name 2
Borrower Address
Borrower Address 3
Borrower Address 4
Borrower City State RALEIGH, NC
Data As-of Date
Fy Of Loan Obligation 2013
Interest Rate At Loan Closing % 2.88
Loan Amt
Balloon? TRUE
Remaining Term Days 15783
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2046
Loan Payoff Year 2066
Estimated Property Exit Year 2046
Project Number
Project Id 01
Project Check Digit 0
Latitude 34.614848
Longitude -78.602495
Borrower Id 386847424
Date Of Operation 10/30/1979
Tax Credit Expires 10/01/2029
Property Key
State County Fips Code