PARK PLACE II

Db Date 06/30/2023
Estimated Property Exit Date 02/11/2034
State NC
Name PARK PLACE II
Address
Address 2
Address 3
City MOORESVILLE
Zip Code 28115
Total Units 24
Rental Type Elderly
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 2
Vacant Units 0
Rental Assistance Units 24
Year Restrictive Clause Expires 2034
Borrower Name MODERN DIXIE DEVELOPMENT, 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 1999
Interest Rate At Loan Closing % 6.12
Loan Amt
Balloon? TRUE
Remaining Term Days 11145
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2034
Loan Payoff Year 2054
Estimated Property Exit Year 2034
Project Number
Project Id 02
Project Check Digit 2
Latitude 35.594479
Longitude -80.800934
Borrower Id 964412428
Date Of Operation 02/11/2004
Tax Credit Expires 02/11/2019
Property Key
State County Fips Code